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News Breaks
11:13 EDTBRCM
theflyonthewall.com: Broadcom management to meet with RBC Capital
Meeting to be held on the West Coast on February 11 hosted by RBC Capital. :theflyonthewall.com



News For BRCM From The Last 14 Days
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July 30, 2010
16:09 EDTBRCM
theflyonthewall.com: Intel in advanced talks to buy Infineon's wireless chip business, WSJ reports
Intel (INTC) is in advanced talks to buy Infineon's wireless chip unit, sources say, according to the Wall Street Journal. Other parties supposedly interested in the unit include Samsung Electronics and Broadcom (BRCM). Currently, Intel appears to be the front runner in the deal, although it is not certain that the transaction will be completed. :theflyonthewall.com

July 28, 2010
10:32 EDTBRCM
theflyonthewall.com: Broadcom volatility decreases as shares rally to 33-month high on EPS

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09:43 EDTBRCM
theflyonthewall.com: Active equity option families in first 10-minutes

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09:17 EDTBRCM
theflyonthewall.com: Broadcom handsets drive upside, says Gleacher

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09:00 EDTBRCM
theflyonthewall.com: Broadcom should be bought at current levels, says Caris

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07:54 EDTBRCM
theflyonthewall.com: Broadcom estimates raised at Credit Suisse

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07:49 EDTBRCM
theflyonthewall.com: Broadcom target raised to $47 from $43 at Brigantine

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07:26 EDTBRCM
theflyonthewall.com: Broadcom target raised to $45 from $40 at Citigroup

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July 27, 2010
23:22 EDTBRCM
theflyonthewall.com: Jim Cramer's "Mad Money"
Jim Cramer said the name of the game Tuesday was 'sector rotation', and that means the good stocks, and the bad stocks, all trade in lock step. He said it didn't matter whether you owned Kellogg (K) or General Mills (GIS), Colgate-Palmolive (CL) or Procter & Gamble (PG) --if it was a packaged goods company, the market loved it Tuesday. Even the bad companies, like Johnson & Johnson (JNJ), which missed earnings, and Kimberly-Clark (KMB), who lowered full year guidance, got a boost. The pop in packaged goods stocks came at the expense of the high flying minerals and mining stocks, along with the industrials. Companies like Caterpillar (CAT), 3M (MMM) and Bucyrus (BUCY) were all lower. Cramer said this sector rotation makes perfect sense in the face of the seemingly endless rally in the "smokestack" stocks. He said the rally can't keep going forever, especially in the face of falling commodity prices, which are near one month lows. Also, there is unemployment, which will be front and center on Thursday, and again next week. He said investors should ring the register on their industrials, stay diversified, and consider a position in gold as insurance against uncertainty. OFF THE CHARTS: Cramer and colleague Tim Collins went over the chart of Amazon.com (AMZN), which has made a dramatic u-turn after it reported a 9c share earnings miss last week. Collins said the charts exhibited a bullish pattern and the momentum simply took over. Cramer said he's not a believer in Amazon's chart, but does like the company, especially its fulfillment business, long term. Cramer said that he's on the fence with Amazon until the company reports at least one good quarter. EXECUTIVE DECISION: Cramer sat down with Alan Mulally, CEO of Ford (F), on the heels of the company's great quarterly earnings and the debut of the all-new 2011 Ford Explorer SUV. Mulally said Ford now makes a whole family of cars in the U.S., and makes them profitably -- all over the world. He said the company paid down $7B in debt last quarter and is on its way to becoming investment grade in 2011. Sales in Europe have been really good and market shares has been increasing. Cramer continued his support of Ford, and Mulally. MAD MAIL: DuPont (DD) remains a buy in Cramer's mind, especially after the company reported a remarkable quarter, with both top line and bottom line growth. Cramer said Kinder Morgan Energy Partners (KMP) would be a better choice for a beginning investor than a company like El Paso (EP), which has a smaller share price. He said that Kinder Morgan is a best of breed player with a 6.3% dividend, and even if you can only buy a few shares, it will serve you well. LIGHTNING ROUND: (Bullish) BRCM; CMI; NTAP. (Bearish) ALU. Reference Link :theflyonthewall.com
16:57 EDTBRCM
theflyonthewall.com: Broadcom Q2 GAAP EPS of 52c compares to 47c estimate, Barrons.com says

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16:26 EDTBRCM
theflyonthewall.com: Broadcom reports GAAP EPS of 52c, may not compare to consensus of 62c

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16:18 EDTBRCM
theflyonthewall.com: Broadcom sees Q3 revenue $1.7B-$1.8B vs. consensus of $1.67B
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16:17 EDTBRCM
theflyonthewall.com: Broadcom reports Q2 EPS 52c vs. consensus of 62c
Reports Q2 revenue $1.6B vs. consensus of $1.59B. :theflyonthewall.com
15:10 EDTBRCM
theflyonthewall.com: Companies reporting After the Market Close on Tuesday, June 27
Notable companies reporting after the closing bell include Aetna (AET), Aflac (AFL), Broadcom (BRCM), C.H. Robinson Worldwide (CHRW), CB Richard Ellis Group (CBG), Cephalon (CEPH), Fiserv (FISV), International Game Technology (IGT), Kimco Realty (KIM), Massey Energy (MEE), Nabors Industries (NBR), and Norfolk Southern (NSC). :theflyonthewall.com
13:59 EDTBRCM
theflyonthewall.com: Broadcom: Earnings release technical preview, very high gap risk

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09:11 EDTBRCM
theflyonthewall.com: Broadcom likely to report a strong quarter, says CLSA

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July 21, 2010
06:47 EDTBRCM
theflyonthewall.com: Implied volatility increases from yesterday; DRYS JNPR BRCM

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