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Stock Market & Financial Investment News

News Breaks
June 2, 2014
15:41 EDTBRCMBroadcom exit from baseband no surprise, says Piper Jaffray
Piper Jaffray is not surprised to see Broadcom plan to exit its baseband business, which had become a drag on margins and profitability, but the firm sees a wide range of potential outcomes as the exit takes shape. Piper maintains its Neutral rating and $34 price target on the stock as it waits for more clarity on next steps for the unit.
News For BRCM From The Last 14 Days
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August 14, 2014
05:52 EDTBRCMOpco sees Cicso results as favorable for supply chain
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August 11, 2014
08:11 EDTBRCMBroadcom has meaningful upsise, says Morgan Stanley
Morgan Stanley said Broadcom management is in the early stages of transforming the company to one of stable growth and high profitability from one focused on growth, which should catch the focus of investors. The firm expects shares to trade higher and reiterates its Overweight rating and raises its price target to $44.
07:53 EDTBRCMBroadcom upcoming changes not priced into shares, says Jefferies
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August 8, 2014
11:51 EDTBRCMNVIDIA rallies after Q2 quarter profit, Q3 revenue outlook top estimates
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