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Stock Market & Financial Investment News

News Breaks
December 17, 2013
06:59 EDTAVGO, LSIAvago price target raised to $64 from $53 at RBC Capital
RBC Capital increased its price target on Avago (AVGO) after the company acquired LSI Corp. (LSI). The firm thinks that the combined company's earnings could exceed $7 per share in five years. The firm believes that the deal is highly accretive, and that the transaction could pay for itself in five years. RBC Capital keeps an Outperform rating on Avago.
News For AVGO;LSI From The Last 14 Days
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April 14, 2014
10:23 EDTLSIHigh option volume stocks: CCL WCG LSI INTU IACI
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April 10, 2014
08:18 EDTAVGOMicron licenses SerDes IP from Avago for Hybrid Memory Cube
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April 9, 2014
16:03 EDTLSI, AVGOLSI Corp. stockholders approve acquisition by Avago
LSI Corporation (LSI) announced that its stockholders approved the previously announced merger agreement with Avago Technologies (AVGO) at a special meeting of stockholders. Upon the closing of the merger, stockholders of LSI will be entitled to receive $11.15 per share in cash, without interest, less any required tax withholding. Completion of the merger is subject to remaining regulatory approvals in various jurisdictions and LSI expects the merger to close in the first half of 2014.
07:28 EDTAVGO, LSIAvago price target raised to $76 from $65 at Canaccord
Canaccord raised its price target on Avago (AVGO) citing its growth potential in the China TD-LTE market, strong RF participation in the smartphones market, and improved margins following the close of its acquisition of LSI Corp (LSI). Shares are Buy rated.
April 7, 2014
13:05 EDTAVGOAnalyst says semiconductor stocks attractive after decline
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10:00 EDTAVGOOn The Fly: Analyst Downgrade Summary
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08:16 EDTAVGOPullback in semiconductor stocks creates buying opportunity, says Sterne Agee
After many semiconductor stocks dropped significantly on Friday, Sterne Agee thinks that the group's fundamental mid to long-term outlook hasn't changed. Sterne Agee thinks the companies are poised to benefit from strong product cycles and earnings leverage. It is most upbeat on Micron (MU), NXP Semiconductors (NXPI), Avago (AVGO), Skyworks (SWKS), and SanDisk (SNDK). The firm keeps Buy ratings on all the stocks named.
06:22 EDTAVGOAvago downgraded to Buy from Conviction Buy at Goldman
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