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Avago, Broadcom To Combine In $37 Billion Deal
Thursday, May 28, 2015 - 8:33am | 391Read More...Avago Technologies Ltd (NASDAQ: AVGO) announced on Thursday it has entered into a definitive agreement to acquire Broadcom Corporation (NASDAQ: BRCM) for approximately $37 billion. As part of the deal, Avago will acquire Broadcom for $17 billion in cash consideration and the economic equivalent...
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Broadcom CEO: Benefited Not Just From Smartphones, But Across The Rest Of The Space
Wednesday, April 22, 2015 - 5:13pm | 279Read More...Shares of chip maker Broadcom Corporation (NASDAQ: BRCM) hit a new 52-week high on Wednesday on back of the strong first-quarter results and upbeat forward guidance that the company declared. Broadcom CEO Scott McGregor was on CNBC to weigh in on the numbers and to discuss the...
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Broadcom CEO: 4K Is Coming And Is Now Mainstream
Wednesday, January 7, 2015 - 12:51pm | 298Read More...With the TV industry witnessing a dramatic shift towards higher resolution, Broadcom Corporation (NASDAQ: BRCM) is preparing itself for the future. Broadcom CEO Scott McGregor was interviewed by Bloomberg at the Consumer Electronics Show in Las Vegas on the latest innovations by the company....
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Broadcom Offers Outlook, Raises Dividend And Announces Buyback Plan
Tuesday, December 9, 2014 - 5:45pm | 218Read More...Broadcom Corporation (NASDAQ: BRCM) announced updated financial guidance Tuesday for the fourth quarter of 2014 and a range of shareholder-focused initiatives at its annual Analyst Day. The company’s press release highlighted the following points: Total Net Revenue: Increased the guided...
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Broadcom Shares Unresponsive To Q2 Earnings
Thursday, August 21, 2014 - 4:46pm | 182Read More...Broadcom (NASDAQ: BRCM) shares are flat after the company reported mixed second quarter results. Revenue missed Wall Street’s expectations by 0.5 percent at $2.04 billion versus $2.05 billion. Sales are down 2.3 percent from the same quarter last year. Part of the decrease in revenue is...
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Broadcom Beats Q2 Profit Views, Trades Up After Hours
Wednesday, July 23, 2014 - 7:35am | 172Read More...Broadcom (NASDAQ: BRCM) gained more than three percent in after-hours action when it topped Wall Street estimates for second quarter profits. Adjusted earnings fell nearly seven percent to $406 million, or $0.65 a share, from a year earlier $436 million, or $0.70 a share. Revenue declined 2.3...
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Broadcom Reports Mixed Results; Stock Falls in Late Trade (BRCM)
Tuesday, July 23, 2013 - 6:58pm | 253Read More...Chip maker Broadcom (NASDAQ: BRCM) released its fiscal second-quarter earnings results after the closing bell on Tuesday. The company's earnings per share came in ahead of estimates, but sales missed Wall Street expectations. In late trading, shares of Broadcom were last down around three percent...
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These Are the 100 Highest-Paid CEOs in Business Today
Monday, April 8, 2013 - 4:30pm | 2706Read More...The New York Times has published a list of the 100 highest-paid CEOS at U.S. public companies in 2012. Oracle (NASDAQ: ORCL) chief executive Larry Ellison is far and away the highest paid CEO on the list, as his $96.2 million in 2012 compensation dwarfs every other member on the list. The top ten...
