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Stock Market & Financial Investment News

News Breaks
June 5, 2014
09:21 EDTAVGOAvago authorizes 29c interim dividend
Avago has approved a quarterly, interim cash dividend of 29c per ordinary share. The dividend is payable on June 30 to shareholders of record at the close of business, 5:00 p.m. Eastern Time on June 19.
News For AVGO From The Last 14 Days
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August 21, 2014
09:00 EDTAVGOSeveral semi companies have positive read through from deal, says Sterne Agee
After Infineon (IFNNY) bought International Rectifier (IRF), Sterne Agee thinks the deal indicates that the shares ofother players in the sector - including Spansion (CODE), NXP Semiconductors (NXPI), and Avago (AVGO) - can rise further. The firm keeps Buy ratings on the latter three stocks.
August 19, 2014
06:29 EDTAVGOMorgan Stanley remains a buyer of Avago
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August 18, 2014
10:29 EDTAVGOGoldman cuts sector view on semiconductors to Cautious
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08:04 EDTAVGOSemiconductors sector downgraded to Cautious from Neutral at Goldman
Goldman downgraded the Semiconductors sector to Cautious given signs the cycle is turning based on expectations for a slowdown in semiconductor revenue growth, above trend semi unit shipments that should normalize, and stretching lead times. As a result, the analyst sees risk to Q4 estimates and sees further downside of 10%-25% for the SOX (SOX) and downgraded NXP Semiconductors (NXPI) to Sell from Neutral, InvenSense (INVN) to Neutral from Buy, and removed Maxim Integrated (MXIM) from the Conviction Buy List.
August 14, 2014
05:52 EDTAVGOOpco sees Cicso results as favorable for supply chain
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August 13, 2014
17:38 EDTAVGOAvago to sell Axxia Networking Business to Intel for $650M
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