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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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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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