Dow Ends Historic Week Up More Than 2%: Pfizer Inc. (PFE), Intel Corporation (INTC)

Investors may have been expecting even better results from the top banks.  And since most of the banks didn’t exactly pass with flying colors, it’s unknown whether investors will be forced to wait until the next round of stress tests before the government permits these banks to resume shareholder-pleasing dividends and share buybacks.

Shares of Intel Corporation (NASDAQ:INTC) fell by 1.28% after reports broke that indicate the board of directors may be considering an outside candidate as the company’s next CEO. Intel Corporation (NASDAQ:INTC)’s current CEO, Paul Otellini, has announced he will be retiring in May of this year, and the board of directors hopes to have a successor prior to the annual shareholder meeting scheduled for May 16. If Intel Corporation (NASDAQ:INTC) decides to go with an outsider, it would be the first time the CEO job was held by someone who didn’t previously work for the chip manufacturer.

Many believe an outsider could help Intel Corporation (NASDAQ:INTC) move more into the mobile chip market and other growth areas, but the risks could be greater than the rewards. An outside CEO may bring a new culture, new ideas, or a new strategic business plan, all of which could all fail or take years to fully play out. That might leave investors waiting for growth and higher returns in the meantime.

The article Dow Ends Historic Week Up More Than 2% originally appeared on Fool.com and is written by Matt Thalman.

Check back daily as Matt explains what caused the Dow’s winners and losers of the day, or follow him on Twitter @mthalman5513. Fool contributor Matt Thalman owns shares of Bank of America and JPMorgan Chase & Co (NYSE:JPM).. The Motley Fool recommends Intel. The Motley Fool owns shares of Bank of America, Intel, and JPMorgan Chase & Co..

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