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Stock Market & Financial Investment News

News Breaks
August 11, 2014
07:53 EDTBRCMBroadcom upcoming changes not priced into shares, says Jefferies
After meeting with management, Jefferies thinks Broadcom's new business model will result in higher gross margins and higher capital return. The firm believes Broadcom's changes after the wind-down of its money losing cellular business are not yet discounted in the stock. Jefferies keeps a Buy rating on Broadcom with a $51 price target.
News For BRCM From The Last 14 Days
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July 7, 2015
10:00 EDTBRCMOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include; American Campus (ACC) downgraded to Sell from Neutral at UBS... Baxter (BAX) downgraded on valuation at BMO Capital... Broadcom (BRCM) downgraded to Perform from Outperform at Oppenheimer... Dillard's (DDS) downgraded to Underperform from Neutral at BofA/Merrill... DineEquity (DIN) downgraded to Neutral following Applebee's checks at Longbow... Grupo Televisa (TV) downgraded to Neutral from Overweight at JPMorgan... Humana (HUM) downgraded to Hold from Buy at Argus... JAKKS Pacific (JAKK) downgraded on valuation at BMO Capital... K+S (KPLUF) downgraded to Underweight from Overweight at JPMorgan... New Gold (NGD) downgraded to Equal Weight from Overweight at Morgan Stanley... Rolls-Royce (RYCEY) downgraded to Underweight from Neutral at JPMorgan... Shake Shack (SHAK) downgraded to Underweight from Equal Weight at Morgan Stanley... Tesla (TSLA) downgraded to Hold from Buy at Deutsche Bank.
07:34 EDTBRCMBroadcom downgraded ahead of Avago buyout at Oppenheimer
Oppenheimer downgraded Broadcom (BRCM) to Perform from Outperform saying shares are trading on the arbitrage following the proposed merger with Avago (AVGO).
07:13 EDTBRCMBroadcom downgraded to Perform from Outperform at Oppenheimer
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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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