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Stock Market & Financial Investment News

News Breaks
July 23, 2014
08:04 EDTBRCMBroadcom price target raised to $50 from $45 at Oppenheimer
Oppenheimer increased its price target on Broadcom after the company reported in-line Q2 results and provided in-line Q3 guidance. The firm thinks the company's decision to quickly wind down its baseband business expedites the removal of a financial headwind. It contends that the company has multiple positive near-term catalysts and reiterates an Outperform rating.
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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