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Stock Market & Financial Investment News

News Breaks
December 4, 2012
07:55 EDTBRCM, AVGOAvago, 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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March 31, 2015
08:35 EDTAVGOAvago to commence $8 per share cash tender offer for Emulex on April 7
Avago Technologies (AVGO) and Emulex (ELX) announced that Emerald Merger Sub, Inc., a wholly owned indirect subsidiary of Avago, plans to commence its $8.00 per share cash tender offer for all shares of Emulex on April 7. The tender offer is pursuant to a merger agreement among Avago Technologies Wireless Manufacturing, a wholly owned indirect subsidiary of Avago, Purchaser and Emulex which provides for Avago USA to acquire Emulex in an all-cash transaction valued at approximately $606M, or $609Mnet of cash and debt acquired. The tender offer will remain open until 11:59 pm EDT on May 4, unless earlier terminated or extended.
March 30, 2015
09:24 EDTBRCMBroadcom upgraded to Buy, attractive takeover target, says Nomura
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07:09 EDTBRCMBroadcom upgraded to Buy from Neutral at Nomura
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March 27, 2015
11:08 EDTBRCMBroadcom downgraded to Buy from Strong Buy at Tigress Financial
March 26, 2015
06:28 EDTAVGOAvago pullback yesterday a buying opportunity, says Citigroup
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March 24, 2015
09:11 EDTAVGOAvago volatility at low end of historic range as shares at record high
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07:21 EDTBRCMBroadcom pause in set-top box orders is temporary, says Macquarie
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March 23, 2015
06:19 EDTAVGOAvago price target raised to $160 from $131 at Citigroup
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March 20, 2015
07:24 EDTBRCMBroadcom chip renews competition with in-house hardware makers, WSJ says
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