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ThinkEquity Partners downgraded shares of Intel Corp (INTC : Intel Corporation INTC 20.62, +0.01, +0.0%) to sell from accumulate, and cut its price target to $16 from $26. The broker believes Intel is building inventories, is losing share -- particularly in servers -- and will likely be negatively impacted by pricing cuts. Intel shares fell 0.8% in the pre-open.

http://www.marketwatch.com/News/Story/5zRQg5tt3T3kplmqpzzTd9Q?source=blq/yhoo&dist=RNPullDown&am...

Stock futures got a lift after data showed that U.S. consumer prices increased a larger-than-expected 0.7% in January, led by higher energy, food and housing costs. The core consumer price index, which excludes food and energy prices, increased 0.2%, as expected.

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