AVGO - Broadcom Limited

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
267.52
-2.28 (-0.85%)
As of 9:49AM EST. Market open.
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Previous Close269.80
Open269.15
Bid266.53 x 100
Ask266.99 x 100
Day's Range266.44 - 269.17
52 Week Range188.10 - 285.68
Volume427,778
Avg. Volume3,259,509
Market Cap115.436B
Beta1.01
PE Ratio (TTM)66.61
EPS (TTM)4.02
Earnings DateFeb 27, 2018 - Mar 5, 2018
Forward Dividend & Yield7.00 (2.63%)
Ex-Dividend Date2017-12-18
1y Target Est315.69
Trade prices are not sourced from all markets
  • Will the Qualcomm-NXP Deal Be Free at Last?
    Market Realist45 minutes ago

    Will the Qualcomm-NXP Deal Be Free at Last?

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  • GuruFocus.com13 hours ago

    Broadcom Ltd (AVGO) President and CEO Hock E Tan Sold $5.3 million of Shares

    President and CEO of Broadcom Ltd (NASDAQ:AVGO) Hock E Tan sold 20,000 shares of AVGO on 01/16/2018 at an average price of $265.21 a share.

  • American City Business Journalsyesterday

    Reports: FTC probing Broadcom for anti-competitive tactics

    The Federal Trade Commission is looking into whether San Jose-based chipmaker Broadcom engaged in anti-competitive behavior in its negotiations with customers, several publications reported this week. It’s currently pursuing a $103 billion hostile takeover of San Diego chipmaker Qualcomm in what would be the largest tech merger in history. The FTC investigation is focused around whether Broadcom recently changed some of its contracts to require customers to buy a certain percentage, rather than an absolute number, of products, and whether that would constitute anti-competitive behavior, sources told the Journal and Reuters.

  • See what the IHS Markit Score report has to say about Broadcom Ltd.
    Markityesterday

    See what the IHS Markit Score report has to say about Broadcom Ltd.

    Broadcom Ltd NASDAQ/NGS:AVGO

  • The Wall Street Journalyesterday

    [$$] FTC Investigates Broadcom Over Negotiations With Customers

    The FTC is investigating whether Broadcom engaged in anticompetitive tactics in negotiations with customers.

  • Forbesyesterday

    Qualcomm Challenges Broadcom Where It Counts Most -- Networking

    Now it appears that Qualcomm is looking to not only be more aggressive but also to challenge Broadcom head-on.

  • Reuters2 days ago

    FTC investigating Broadcom for antitrust practices

    The investigation comes as Broadcom pursues a hostile takeover of Qualcomm in a $103 billion deal. Since the FTC would likely review any merger for anticompetitive practices, the current probe could make regulatory approval more challenging. Broadcom was recently issued subpoenas that seek an extensive amount of information, according to the Wall Street Journal, which was the first to report the probe on Wednesday.

  • Reuters2 days ago

    FTC investigating Broadcom for antitrust practices

    The investigation comes as Broadcom pursues a hostile takeover of Qualcomm in a $103 billion deal. Since the FTC would likely review any merger for anticompetitive practices, the current probe could make regulatory approval more challenging. Broadcom was recently issued subpoenas that seek an extensive amount of information, according to the Wall Street Journal, which was the first to report the probe on Wednesday.

  • Qualcomm Details Go-It-Alone Strategy As Broadcom Pursues Buyout
    Investor's Business Daily2 days ago

    Qualcomm Details Go-It-Alone Strategy As Broadcom Pursues Buyout

    Qualcomm is getting positive reviews for its business strategy as it defends itself from a hostile takeover by Broadcom.

  • Barrons.com2 days ago

    Qualcomm Price Targets Rise, Though Views Mixed on Promises

    Qualcomm’s (QCOM) show of defiance yesterday in the face of Broadcom’s (AVGO) hostile bid for the company is not necessarily winning hearts and minds, but it’s nudging some price targets higher. Qualcomm shares today are down 27 cents, or half a percent, at $67.98. The stock took a dip after a report this afternoon by The Wall Street Journal stating Broadcom is being investigated by the U.S. Federal Trade Commission for potentially uncompetitive practices in its contract terms with chip customers.

  • Broadcom Says It's Under Antitrust Investigation by FTC
    Bloomberg2 days ago

    Broadcom Says It's Under Antitrust Investigation by FTC

    Broadcom Ltd. said it is under investigation by U.S. antitrust officials for potentially anticompetitive conduct.

  • Reuters2 days ago

    FTC investigating Broadcom for antitrust practices

    The company was recently issued subpoenas that seek an extensive amount of information, according to the Wall Street Journal, which was the first to report the probe on Wednesday. The focus of the concern has been that Broadcom has changed some contracts to require customers to buy a percentage of its production of items rather than a certain number, the paper reported. "This FTC review is immaterial to our business, does not relate to wireless and has no impact on our proposal to acquire Qualcomm," Broadcom said in a statement.

  • Reuters2 days ago

    FTC investigating Broadcom for antitrust practices

    The Federal Trade Commission (FTC) is investigating whether chipmaker Broadcom Ltd engaged in anticompetitive tactics in negotiations with customers, the company said on Wednesday. The investigation comes as Broadcom pursues a hostile takeover of Qualcomm in a $103 billion deal. Since the FTC would likely review any merger for anticompetitive practices, the current probe could make regulatory approval more challenging.

  • Barrons.com2 days ago

    Broadcom: FTC Inquiry 'Immaterial to Our Business'

    Shares of wireless chip giant Broadcom (AVGO) took a sudden, sharp drop this afternoon, but have regained ground, following a report this afternoon by The Wall Street Journal’s Dana Cimilluca, Brent Kendall, and David Benoit that the U.S.’s Federal Trade Commission has for several months been looking into whether the company engaged in anti-competitive practices with its contracts for chip sales. In an email, Broadcom tells me that “This FTC review is immaterial to our business, does not relate to wireless and has no impact on our proposal to acquire Qualcomm.” The report comes as Broadcom is engaged in a hostile bid to acquire competitor Qualcomm (QCOM), with both companies trading barbs yesterday. The authors, citing multiple unnamed sources, write that the investigation concerns changes in Broadcom’s contracts with customers wherein it switched from setting absolute volumes of chips the customers are supposed to buy to instead demanding customers take a percentage of Broadcom’s production.

  • Fortune2 days ago

    What’s Behind Qualcomm’s Huge New Profit Promise

    Trying to impress investors, and fend off an unwanted takeover.

  • InvestorPlace2 days ago

    Here’s Why You Should Stick With Qualcomm, Inc. Stock

    The stock market is again moving broadly higher after a long weekend, but one of the biggest winners after the extended break is chip-maker Qualcomm, Inc. (NASDAQ:QCOM). Qualcomm stock is up nearly 4% after a big upgrade from research firm Nomura. Analysts at Nomura believe the takeover attempt from Broadcom Ltd (NASDAQ:AVGO), which has shot shares materially higher recently, is “a gun to the head” for Qualcomm management.

  • Why Counting Bases Is A Crucial Skill In Playing Long, Winning Stock Rallies
    Investor's Business Daily2 days ago

    Why Counting Bases Is A Crucial Skill In Playing Long, Winning Stock Rallies

    When an investor knows how to trim or add to holdings deep in a winning stock's run, one important skill is understanding how to count bases.

  • Reuters3 days ago

    Qualcomm raises profit forecast, may buy back stock if bid for NXP fails

    It was the first time Qualcomm raised the buyback as an alternative to buying NXP, as the deal faces strong opposition from NXP shareholders. "With tax reform, we are well positioned to complete a large stock buyback that will deliver essentially the same level of accretion to Qualcomm stockholders as if we had closed NXP," Qualcomm Chief Financial Officer George Davis said in a webcast. This has prompted companies such as Qualcomm to think about tapping overseas cash in new ways.

  • TheStreet.com3 days ago

    Qualcomm Battles Broadcom Bid as NXP Tie Hits New Snag

    CEO Steve Mollenkopf and other Qualcomm executives attacked Broadcom's hostile offer as sheer opportunism that undervalues the company. Qualcomm's bid for NXP has its own detractors, as Ramius Advisors ...

  • American City Business Journals3 days ago

    Broadcom pushes back on upbeat earnings forecast from Qualcomm as hostile takeover simmers

    Broadcom Limited is pushing back against Qualcomm’s bullish earnings projections, adding more fuel to a hostile takeover fight between the two chipmakers. In a letter to shareholders Tuesday morning, San Diego-based Qualcomm stated that it expects to earn much more than Wall Street analysts have predicted. The company projected between $6.75 to $7.50 in earnings per share on revenue of $35 billion to $37 billion, which is higher than the $3.79 on average that analysts Wall Street expect .

  • How Do Analysts See Broadcom Limited (NASDAQ:AVGO) Performing Over The Couple Of Years?
    Simply Wall St.3 days ago

    How Do Analysts See Broadcom Limited (NASDAQ:AVGO) Performing Over The Couple Of Years?

    The most recent earnings release Broadcom Limited’s (NASDAQ:AVGO) announced in October 2017 showed that the business turned profitable again after incurring negative earnings in the previous financial year. Below isRead More...

  • Barrons.com3 days ago

    Qualcomm vs. Broadcom: Street Dissects Qualcomm's Promises

    Shares of Qualcomm (QCOM) gained steadily throughout Tuesday’s session, ending the day up $2.87, or 4.4%, at $68.25, after the company tried to beat back a hostile acquisition effort by Broadcom (AVGO), pleading to cut costs by a billion dollars and talking about how it is dedicated to “shareholder value,” and after Broadcom responded by blaming Qualcomm management for failing to deliver on past promises. KeyBanc’s Michael McConnell, who has Overweight ratings on both stocks, notes that Qualcomm is saying it will not try to buy NXP Semiconductors (NXPI) “at all costs.” Instead, should that deal fall through—though Qualcomm thinks that unlikely—it is prepared to buy back enough of its own stock to equal the cost “synergies” it would have enjoyed by buying NXP, observes McConnell.

  • False Leader Apple Loses Buy Point, But This iPhone Chip Stock Pops
    Investor's Business Daily3 days ago

    False Leader Apple Loses Buy Point, But This iPhone Chip Stock Pops

    Apple's brief return to a buy zone had key shortcomings. Meanwhile, iPhone chip suppliers Broadcom, Skyworks and Qorvo hit resistance, but Qualcomm jumped.

  • Benzinga3 days ago

    Nomura: Qualcomm Has 'Gun To Its Head' With Broadcom's Hostile Takeover Attempt

    It’s do or die for QUALCOMM, Inc.  (NASDAQ: QCOM ). Amid a hostile takeover bid from  Broadcom Limited  (NASDAQ:  AVGO ), Qualcomm received an upgrade from an analyst who said positive catalysts are emerging ...

  • PR Newswire3 days ago

    Broadcom Issues Statement

    SAN JOSE, Calif., Jan. 16, 2018 /PRNewswire/ -- Broadcom Limited (AVGO) ("Broadcom") today issued a statement in response to the announcement by Qualcomm Incorporated (QCOM) ("Qualcomm") regarding its standalone approach. Despite the clear customer and stockholder support for the value-maximizing transaction proposed by Broadcom, Qualcomm has refused to engage with Broadcom and has instead elected to remain a standalone company, which fails to address Qualcomm's fundamental business challenges, including its ongoing disputes with customers and regulatory investigations in numerous jurisdictions. Qualcomm management has repeatedly overpromised and under-delivered since the announcement of its "strategic realignment plan" in 2015, resulting in an inability to meet financial targets as well as deteriorating profitability and destruction of stockholder value.