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Stock Market & Financial Investment News

News Breaks
March 27, 2013
08:50 EDTBRCMBroadcom LTE solution can be successful, says BMO Capital
BMO Capital believes that Broadcom's LTE solution, which the company plans to launch next year, puts it in good position to emerge as a leading alternative supplier of LTE modems in 2014 to the high- to midtier smartphone segment. The firm sees a "strong likelihood" that the company will obtain design wins for the product this year, and it thinks it could add 21c-28c in EPs in 2014. The firm maintains an Outperform rating on the shares.
News For BRCM From The Last 14 Days
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August 24, 2015
06:22 EDTBRCMTSMC pursuing 16nm chip orders, DigiTimes reports
According to market sources, DigiTimes reports that TSMC (TSM) has been "actively" seeking 16nm FinFET chip orders. In addition to securing a portion of Apple's (AAPL) A9 chip orders, TSMC has also received orders from AMD (AMD), Broadcom (BRCM), LG, Nvidia (NVDA) and Avago (AVGO), the sources say, noting that TSMC failed to maintain orders for Qualcomm's (QCOM) flagship mobile chips, as it has placed orders for the Snapdragon 820 series with Samsung (SSNLF). Reference Link
August 20, 2015
10:00 EDTBRCMOn The Fly: Analyst Downgrade Summary
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08:39 EDTBRCMBroadcom downgraded to Hold from Buy at Argus
Argus downgraded Broadcom (BRCM) to Hold following the announcement that the waiting perorid under the Hart-Scott-Rodino Antitrust Act had expired. The firm now expects the acquisition by Avago (AVGO) to go through.
August 17, 2015
10:55 EDTBRCMOptions with increasing implied volatility
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August 14, 2015
17:08 EDTBRCMPaulson & Co gives quarterly update on stakes
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