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Stock Market & Financial Investment News

News Breaks
June 26, 2014
07:11 EDTBRCMBroadcom multiple can expand, says Bernstein
Bernstein believes that Broadcom is likely to make changes to its capital allocations that can result in its multiple expanding. The firm raised its price target on the shares to $44 from $42 and keeps an Outperform rating on the stock.
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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