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Stock Market & Financial Investment News

News Breaks
January 31, 2013
12:14 EDTSTM, BRCMBroadcom mentioned positively at RBC Capital
RBC Capital said STMicroelectronics' (STM) earnings release disclosed potential for increased expenses related to the ST-Ericsson JV. The firm believes the odds of wind-down have increased and views the loss of a competitor as a positive for Broadcom (BRCM).
News For BRCM;STM From The Last 14 Days
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January 30, 2015
10:00 EDTBRCMOn The Fly: Analyst Downgrade Summary
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08:43 EDTBRCMBroadcom reported solid results, says Bernstein
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06:21 EDTBRCMBroadcom downgraded to Market Perform from Outperform at JMP Securities
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January 29, 2015
19:14 EDTBRCMOn The Fly: After Hours Movers
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17:01 EDTBRCMBroadcom says Q1 broadband, connectivity business to be down, sequentially
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16:54 EDTBRCMBroadcom reports Q4 adjusted gross margin 54.7%
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16:48 EDTBRCMBroadcom up 3% following Q4 results, guidance
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16:42 EDTBRCMBroadcom sees Q1 R&D, SGA expenses up $5M-$25M from 4Q14
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16:31 EDTBRCMBroadcom declares quarterly dividend of 14c per share
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16:11 EDTBRCMBroadcom sees Q1 adjusted gross margin 54.7%, plus or minus 75 bps
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16:10 EDTBRCMBroadcom sees Q1 revenue about $2B, plus or minus $75M, consensus $2.01B
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16:08 EDTBRCMBroadcom reports Q4 adjusted EPS ex-SBC 90c, consensus 87c
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15:37 EDTBRCMNotable companies reporting after market close
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January 28, 2015
09:15 EDTSTMOn The Fly: Pre-market Movers
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05:28 EDTSTMSTMicroelectronics sees Q1 revenues down sequentially by about 5% at mid-point
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05:26 EDTSTMSTMicroelectronics reports Q4 EPS 5c, consensus 1c
Reports Q4 revenue $1.83B, consensus $1.82B.
January 27, 2015
10:00 EDTSTMOn the Fly: Analyst Upgrade Summary
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08:23 EDTSTMSTMicroelectronics upgraded to Buy from Neutral at BofA/Merrill
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January 21, 2015
07:39 EDTSTMSTMicroelectronics upgraded to Buy from Neutral at Citigroup (yesterday)
Citigroup yesterday upgraded STMicroelectronics to Buy citing a favorable risk/reward in the near-term relative to expectations.

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