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Intel’s (INTC) stock rose 3.4% to 34.30 in the stock market today after the chip giant forecast sales growth in 2016 and approved a dividend hike. The PC chipmaker board OK’d an 8-cent year-over-year increase in its cash dividend to $1.04 per share annually, starting with Intel’s payout for Q1 2016. The company also said it expects “mid-single-digits” revenue growth in 2016. Analyst consensus called for about 4% growth from full-year 2015 Scalper1 News
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