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Stock Market & Financial Investment News

News Breaks
May 29, 2014
16:19 EDTAVGOAvago says Q2 results do not include operating results of LSI Corporation
Avago said its Q2 financial results do not include any operating results of LSI Corporation which the company acquired on May 6. CEO Hock Tan said, "In the second fiscal quarter of the year, our wireless business came in significantly above our expectations due to strong product ramps for our FBAR-related products into multiple Asian Smartphone OEMs. We also saw a resurgence in Industrial re-sales through our distributors, especially in Europe and Japan. The third quarter marks a transformative event in Avago's history as we completed the acquisition of LSI, creating a substantially larger company with a much more diversified and balanced mix of end markets."
News For AVGO From The Last 14 Days
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September 10, 2014
14:21 EDTAVGOAvago mentioned positively at Deutsche Bank
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September 5, 2014
12:03 EDTAVGOAvago climbs after Citi predicts surge in iPhone components
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06:15 EDTAVGOAvago price target raised to $100 from $90 at Citigroup
Citigroup raised its price target for Avago (AVGO) shares to $100 citing increased confidence in the company's wireless content gains after meeting with management. Citi believes Avago will likely double its dollar content in Apple's (AAPL) iPhone 6 when compared to the iPhone 5S. The firm reiterates a Buy rating on Avago, calling the stock its top specialty semi pick. The stock closed yesterday up 70c to $86.09.
September 4, 2014
09:01 EDTAVGOAvago announces 32c interim dividend
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September 3, 2014
10:41 EDTAVGOAvago volatility at low as shares at historic high
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