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Stock Market & Financial Investment News

News For ERIC;ALU;BRCM;QCOM;NXPI;JNPR;CIEN From The Last 14 Days
Check below for free stories on ERIC;ALU;BRCM;QCOM;NXPI;JNPR;CIEN the last two weeks.
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May 13, 2013
06:05 EDTJNPROn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports.
May 10, 2013
14:52 EDTJNPRMarket poised to end week higher as tech helps lead advance
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May 9, 2013
12:12 EDTQCOMLeon Cooperman names Facebook, Qualcomm as stock picks
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09:27 EDTQCOMFCC likely to forward Qualcomm push for satellite airwaves, WSJ reports
Qualcomm (QCOM) has been lobbying the Federal Communications Commission since 2011 to free up airwaves used by the satellite industry for use in in-flight Internet and FCC commissioners are likely to vote Thursday in favor of opening the issue to public comment, reported The Wall Street Journal, citing agency officials. Reference Link
09:00 EDTBRCMBroadcom well-positioned, remains ahead of competition, says DA Davidson
After meeting with Broadcom's EVP and General Manager of the Infrastructure and Networking Group, DA Davidson believes that the company is adding new features to its products that are enabling it to continue to stay ahead of the competition. The firm thinks the company's Trident products and NetLogic divisions are very well-positioned, and it keeps a Buy rating on the shares.
05:50 EDTQCOMSamsung using its own parts to cut costs, WSJ reports
Samsung Electronics's (SSNLF) newsest smartphone, the Galaxy S 4, takes advantage of its chip- and display-manufacturing prowess to get its material costs closer to Apple's (AAPL) costs for the iPhone 5, reports the Wall Street Journal. Reference Link
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