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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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October 15, 2014
07:37 EDTBRCMBroadcom pullback a buying opportunity, says Canaccord
Canaccord said the pullback in Broadcom due to weakness in the semiconductor space is a buying opportunity. The firm believes the company is well positioned for steady long-term growth in its Home and Infrastructure businesses. Canaccord reiterates its Buy rating on Broadcom but lowers its price target to $45 from $46.
October 8, 2014
08:20 EDTBRCMQualcomm opportunity at Xiaomi almost rivals iPhone, says FBR Capital
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07:56 EDTBRCMBroadcom recently won large custom chip programs, says JPMorgan
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October 7, 2014
10:17 EDTBRCMSamsung outlook miss weighs on suppliers
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