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News Breaks November 29, 2012 10:20 EDT BRCM, INTC Broadcom climbs, Intel falls after Citi changes Q4 estimates Broadcom (BRCM) is advancing and Intel (INTC) is declining after Citigroup was upbeat about the former company and downbeat about the latter one in a note to investors earlier today. Citigroup analyst Glen Yeung raised his fourth quarter revenue estimate on Broadcom, and he expects the company to increase its guidance at its Analyst Day on December 6. The company is benefiting from greater availability of Apple's (AAPL) iPhone 5, and strong sales of Samsung devices, explained Yeung. Furthermore, Cisco's (CSCO) outlook earlier this month was "somewhat optimistic," said Yeung, who views Broadcom's fourth quarter guidance as conservative. The analyst maintained a Buy rating on the stock. Conversely, Yeung reduced his price target on Intel to $21 from $23, and believes that the company is likely to report lower than expected fourth quarter results. Data indicates that computer notebook sales have been weak this quarter, explained the analyst, who maintained a Neutral rating on the shares. In early trading, Broadcom gained 0.65% to $32.37 and Intel fell 1.62% to $19.76. News For BRCM;INTC From The Last 14 Days Check below for free stories on BRCM;INTC the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 19, 2013 18:59 EDT INTC Cisco looks the best out of tech comeback stocks, Barron's says Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link May 16, 2013 14:41 EDT BRCM Broadcom management to meet with JPMorgan Subscribe for More Information 13:40 EDT INTC Intel CFO Smith says staying with the company, CNBC reports Subscribe for More Information 10:44 EDT BRCM Cisco results give boost to semiconductor names Subscribe for More Information 09:04 EDT BRCM Cisco results positive for semiconductors space, says Brean Capital Subscribe for More Information 07:07 EDT BRCM Cisco results positive for communications semi space, says William Blair Subscribe for More Information 05:59 EDT INTC High tech firms involved in immigration battle, WSJ reports Subscribe for More Information May 13, 2013 07:30 EDT INTC TechConnect to host a summit 2013 National Innovation Summit is being held in Washington, D.C. on May 12-16. May 9, 2013 14:30 EDT INTC Options Update; May 9, 2013 Subscribe for More Information 09:00 EDT BRCM Broadcom well-positioned, remains ahead of competition, says DA Davidson After meeting with Broadcom's EVP and General Manager of the Infrastructure and Networking Group, DA Davidson believes that the company is adding new features to its products that are enabling it to continue to stay ahead of the competition. The firm thinks the company's Trident products and NetLogic divisions are very well-positioned, and it keeps a Buy rating on the shares. May 8, 2013 07:49 EDT INTC BofA/Merrill's semiconductor analyst holds an analyst/industry conference call Subscribe for More Information May 7, 2013 08:05 EDT INTC Stable capactiy, rising demand to drive up memory prices, FT says After years of price competition and industry consolidation, analysts do not expect any new memory chip capacity to be introduced this year, which coupled with rising demand driven by smartphone growth is set to feed through into prices, Financial Times said. Samsung Electronics (SSNLF), SK Hynix and Micron (MU) now hold more than 90% of the D-Ram market and almost 100% of the Nand market is divided between those three and Intel (INTC), Toshiba (TOSBF) and SanDisk (SNDK), the report noted, citing analysts at Bernstein. Reference Link May 6, 2013 14:06 EDT INTC Intel announces new mobile chip design, AllThingsD says Intel revealed its new "Silvermont" low-power chips on Monday, with the new chip design focused on powering smartphone and tablet devices, reports AllThingsD. Reference Link 10:23 EDT INTC Intel initiated with a Buy at Topeka Subscribe for More Information 10:05 EDT INTC Intel shares upgraded despite out of favor PC market Subscribe for More Information 10:04 EDT INTC On The Fly: Analyst Upgrade Summary Subscribe for More Information 05:52 EDT INTC Intel upgraded to Outperform from Sector Perform at RBC Capital Subscribe for More Information 05:17 EDT INTC McAfee to acquire Stonesoft for $389M in cash McAfee, a wholly owned subsidiary of Intel, announced the execution of a definitive agreement to initiate a conditional tender offer for the acquisition of Stonesoft Oyj for an aggregate equity value of approximately $389M in cash. The pending acquisition is expected to extend the success of McAfee's security connected strategy. Sign up for a free trial to see the rest of the stories you've been missing.