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Stock Market & Financial Investment News

News Breaks
December 4, 2012
07:55 EDTAVGO, BRCMAvago, Broadcom Analyst Days to be positive, says Brean Capital
Brean Capital believes the Analyst Days for both Avago (AVGO) and Broadcom (BRCM) to be positive catalysts based on expectations of positive updates of mobile demand. Channel checks show positive momentum in mobile devices and the company expects Avago to highlight improved margins and for Broadcom to highlight its product cycles. Both companies are Buy rated.
News For AVGO;BRCM From The Last 14 Days
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June 17, 2013
08:29 EDTBRCMBroadcom weakness overdone, says Morgan Stanley
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June 12, 2013
07:27 EDTBRCMThe Linley Group to host a conference
Linley Tech Carrier Conference 2013 is being held in Santa Clara, California on June 12-13.
June 11, 2013
09:13 EDTBRCMSome component makers to be hurt by lower Galaxy S 4 outlook, says Pacific Crest
After speaking with Samsung (SSNLF) and conducting checks, Pacific Crest believes that expectations for Galaxy S 4 sales in Q3 are too high. As a result, the firm reduced its price target on Broadcom (BRCM) to $41 from $44, and on Maxim Integrated (MXIM) to $34 from $37. The firm also lowered its estimates for Audience (ADNC), Peregrine (PSMI), RF Micro Devices (RFMD), and Skyworks (SWKS). The firm keeps Outperform ratings on Broadcom, Maxim, and Peregrine, and Sector Perform ratings on Skyworks, Audience, and RF Micro.
08:01 EDTAVGOAvago management to meet with Deutsche Bank
Meeting to be held in Boston on June 11 hosted by Deutsche Bank.
June 7, 2013
10:11 EDTBRCMOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ARM Holdings (ARMH) initiated with a Hold at Topeka... American Software (AMSWA) initiated with a Buy at B. Riley... Amkor Technology (AMKR) initiated with a Buy at Topeka... Applied Micro Circuits (AMCC) initiated with a Hold at Topeka... Bank of America (BAC) initiated with an Underperform at Macquarie... Boulder Brands (BDBD) initiated with an Outperform at Imperial Capital... Broadcom (BRCM) initiated with a Buy at Topeka... Cadence Design (CDNS) initiated with a Buy at Topeka... Citigroup (C) initiated with an Outperform at Macquarie... Consolidated Water (CWCO) initiated with a Buy at Roth Capital... Cornerstone OnDemand (CSOD) initiated with an Equal Weight at Stephens... Crosstex Energy LP (XTEX) initiated with a Buy at Citigroup... Demandware (DWRE) initiated with an Overweight at Stephens... Freescale (FSL) initiated with a Buy at Topeka... Garmin (GRMN) initiated with an Outperform at Raymond James... Goldman Sachs (GS) coverage resumed with a Neutral at Macquarie... Mellanox (MLNX) initiated with a Hold at Topeka... Morgan Stanley (MS) initiated with an Outperform at Macquarie... Myriad Genetics (MYGN) initiated with a Buy at Cantor... NXP Semiconductors (NXPI) initiated with a Buy at Topeka... Piedmont Natural Gas (PNY) initiated with a Hold at BB&T... Platinum Group (PLG) initiated with an Outperform at BMO Capital... Qualcomm (QCOM) initiated with a Hold at Topeka... Rambus (RMBS) initiated with a Buy at Topeka... Spreadtrum (SPRD) initiated with a Buy at Topeka... Steven Madden (SHOO) initiated with an Overweight at Piper Jaffray... Take-Two (TTWO) initiated with a Buy at Stifel... Wolverine World Wide (WWW) initiated with a Neutral at Piper Jaffray.
10:11 EDTBRCMOn The Fly: Analyst Upgrade Summary
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07:51 EDTBRCMBroadcom initiated with a Buy at Topeka
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06:57 EDTBRCMBroadcom upgraded at Macquarie
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06:51 EDTBRCMBroadcom upgraded to Outperform from Neutral at Macquarie
June 5, 2013
13:54 EDTAVGOOptions with decreasing implied volatility: SPLK PANW OVTI VOD AVGO

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