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Stock Market & Financial Investment News

News Breaks
August 13, 2014
17:38 EDTAVGO, INTCAvago to sell Axxia Networking Business to Intel for $650M
Avago (AVGO) and Intel (INTC) signed a definitive agreement for Intel to acquire LSI's Axxia Networking Business and related assets for $650M in cash. The transaction is expected to close in Q4. LSI's Axxia Networking Business is being divested from Avago following the recent completion of Avago's acquisition of LSI. The Axxia Networking Business generated revenues of $113M in calendar 2013 and employs approximately 650 people.
News For AVGO;INTC From The Last 14 Days
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August 27, 2015
06:19 EDTINTCIntel Capital invests over $60M in Yuneec Holding
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05:53 EDTINTCIC demand for notebooks picking up, DigiTimes reports
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August 26, 2015
20:03 EDTAVGOOn The Fly: After Hours Movers
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17:24 EDTAVGOAvago says FBAR capacity may remain pressured for 'extended' time period
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16:07 EDTAVGOAvago sees Q4 GAAP revenue $1.84B plus or minus $25M, consensus $1.86B
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16:06 EDTAVGOAvago reports Q3 EPS $2.24, consensus $2.14
Reports Q3 revenue $1.74B, consensus $1.74B.
15:00 EDTAVGONotable companies reporting after market close
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07:52 EDTINTCUBS to hold a tour
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August 25, 2015
11:43 EDTINTCIntel management to meet with MKM Partners
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09:59 EDTAVGOOn The Fly: Analyst Upgrade Summary
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09:35 EDTINTCActive equity options trading on open
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07:35 EDTINTCIntel makes additional equity investment in BlueData
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07:30 EDTAVGO, AVGOAvago upgraded to Buy from Outperform at CLSA
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August 24, 2015
09:45 EDTAVGOOn The Fly: Analyst Downgrade Summary
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09:27 EDTAVGOAvago downgraded to Sell from Hold at Drexel Hamilton
Drexel Hamilton downgraded Avago (AVGO) to Sell and reduced its price target to $95 from $125. The firm said Broadcom (BRCM) acquisition will require large amounts of debt and financing will be difficult given the situation in the capital markets.
06:34 EDTINTCIntel leads $100M funding round for Mirantis, WSJ reports
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06:22 EDTAVGOTSMC pursuing 16nm chip orders, DigiTimes reports
According to market sources, DigiTimes reports that TSMC (TSM) has been "actively" seeking 16nm FinFET chip orders. In addition to securing a portion of Apple's (AAPL) A9 chip orders, TSMC has also received orders from AMD (AMD), Broadcom (BRCM), LG, Nvidia (NVDA) and Avago (AVGO), the sources say, noting that TSMC failed to maintain orders for Qualcomm's (QCOM) flagship mobile chips, as it has placed orders for the Snapdragon 820 series with Samsung (SSNLF). Reference Link
August 23, 2015
14:23 EDTINTCApple, Micron shares look like bargains, Barron's says
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August 21, 2015
10:37 EDTINTCAnalysts upbeat on HP ahead of split after earnings beat
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08:54 EDTINTCIntel price target lowered to $25 from $32 at Baird
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