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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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June 30, 2015
08:35 EDTBRCMBroadcom risk/reward looks positive, says Bernstein
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June 25, 2015
08:05 EDTBRCMBroadcom signs strategic collaborations in China
Broadcom announced a series of Memorandum of Understanding agreements with several Chinese companies, including H3C for collaboration on the integration of cloud and Internet services, Inspur for collaboration to drive continued innovation in Ultra HD set-top box offerings for China, and StarTimes for joint design and development of low cost set-top boxes and high end Ultra HD gateways.

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