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Santa Clara, Financial Timeline Tuesday, May 1 Bookmark and Share     Author
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IRS auditing 2001, 2002 returns
World News (13) World Financial (254) USA (336) California (187) Bay Area (12) Bay Area Financial (215) Santa Clara (164) Business (113) Financial (10)
2010 (1) 2006 (1) 2004 (1) 2003 (3) 2001 (3) 2000 (1)
   Intel (6)
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Dividend (15)   Intel Financial (6)   IRS (14)   Budget Crisis (4)
$1 billion cut in expenses by end of year
Intel raising dividend by 15%

year 2010 Top ^

  CEO Paul Otellini said the company 'remains on track to have our best year ever and we continue to generate strong cash flows.'

year 2006 Top ^

  Intel: The corporation will be conducting a comprehensive review of its operations

year 2004 Top ^

  Intel: The Internal Revenue Service review got underway last month

year 2003 Top ^

Dec.16 County supervisors tackles budget crisis
  The Board of Supervisors voted to halt millions of dollars worth of projects and to plan for budget cuts
Aug.6 $600 million proposed tax adjustment
  Intel: The IRS notice is related to a tax benefit for export sales taken by Intel
May.15 Intel Capital makes investment in Russia
  Investment division of chip-making giant agreed to invest in Moscow-based ru-Net Holdings

year 2001 Top ^

Nov.13 Covad gets $150 million loan
  High-speed Internet provider signed a loan from rival SBC Communications Aug.2 Covad CFO steps down  Mark Perry is stepping down from Covad Communications Group Inc. Feb.20 Intel Slashes Spending  To save hundreds of millions of dollars it will delay raises, cut back on hiring and slash spending.

year 2000 Top ^

Nov.22 Swim Club pays off IRS bill
  Club where Mark Spitz trained no longer has a bill of $100,000 and a possible bankruptcy

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