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Stock Market & Financial Investment News

News Breaks
February 26, 2013
16:17 EDTAVGOAvago sees Q2 revenue down 2%-5% sequentially, consensus $582.98M
Sees Q2 adjusted gross margin 50.75%, plus/minus 1%.
News For AVGO From The Last 14 Days
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May 20, 2013
08:38 EDTAVGOAvago multiples poised to expand, says RBC Capital
RBC Capital expects Avago to report stronger than expected results but reiterate its guidance. The firm expects the stock's multiple to expand based on stronger mobile builds and share gains in improving markets. It keeps a $42 price target and Outperform rating on the stock.
May 16, 2013
09:04 EDTAVGOCisco results positive for semiconductors space, says Brean Capital
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May 15, 2013
17:46 EDTAVGOSAC Capital gives quarterly update on stakes
NEW STAKES: Discovery (DISCA), Liberty Global (LBTYA), Liberty Media (LMCA), Norwegian Cruise Line (NCLH), and Cubist (CBST). INCREASED STAKES: Suncor (SU), EQT Corporation (EQT), Amazon.com (AMZN), Visa (V), and GNC Holdings (GNC). DECREASED STAKES: News Corp. (NWSA), Facebook (FB), Sherwin-Williams (SHW), and Avago (AVGO). LIQUIDATED STAKES: Coach (COH), Dover (DOV), and Virgin Media (VMED), .
May 8, 2013
09:09 EDTAVGOFinisar not primary source for Arista's 100G Optics, says Jefferies
Jefferies says its channel checks indicate that contrary to recent reports, Avago (AVGO), not Finisar (FNSR), is the current primary source for the board mounted optics used in Arista's new 7500E switch. Further, Jefferies' channel checks indicate steep price erosion at 100G. The firm reiterates an Underperform rating on shares of Finisar with a $7.50 price target.

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