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Stock Market & Financial Investment News

News Breaks
May 28, 2014
07:37 EDTAVGOAvago shares should be bought on weakness, says RBC Capital
Noting that Avago's stock has rallied significantly ahead of the company's Q2 results, RBC Capital recommends that investors buy the stock on any weakness. The firm thinks that expectations for the company's Q2 results are very high, but it keeps an $82 price target and Outperform rating on the shares.
News For AVGO 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 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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March 23, 2015
06:19 EDTAVGOAvago price target raised to $160 from $131 at Citigroup
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