125.47 +0.03 (0.02%)
After hours: 5:00PM EST
|Bid||125.34 x 100|
|Ask||125.72 x 200|
|Day's Range||125.33 - 125.73|
|52 Week Range||102.19 - 125.93|
|PE Ratio (TTM)||19.57|
|Earnings Date||May 1, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||118.42|
Investing guru Bill Gross thinks bonds have entered a bear market, and he is favoring corporate bonds of short duration across the globe.
Semiconductor giant Qualcomm (QCOM), locked in a battle with Broadcom (AVGO) for its future, a short while ago sent a letter to shareholders urging them to vote against Broadcom’s proposed board nominees at the Qualcomm annual meeting on March 6th. Saying it is open to considering a “suitable proposal” from Broadcom, Qualcomm says "no such proposal has been made,” and argues the nominees put forward by Broadcom would lower the quality of its board of directors, and says the latest bid by Broadcom makes its offer “even worse." Qualcomm on Tuesday raised its bid for NXP Semiconductors (NXPI), which it has been in the process of buying for over a year now, and Broadcom on Wednesday responded by cutting the cash portion of its offer for Qualcomm, while scolding the company’s board for not doing its duty in “transferring” wealth from Qualcomm holders to NXP investors.
SAN DIEGO, Feb. 22, 2018 /PRNewswire/ -- The Board of Directors of Qualcomm Incorporated (QCOM) today sent a letter to Qualcomm stockholders in connection with Qualcomm's 2018 Annual Meeting of Stockholders on March 6, 2018. In the letter, the Board provides its perspective on the reduced Broadcom acquisition proposal for Qualcomm and Qualcomm's amended agreement to acquire NXP Semiconductors N.V. (NXPI).
Short interest is extremely low for NXPI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting NXPI. ETFs that hold NXPI had net inflows of $2.69 billion over the last one-month.
Stock Monitor: NXP Semiconductors Post Earnings Reporting LONDON, UK / ACCESSWIRE / February 22, 2018 / Active-Investors.com has just released a free research report on Qualcomm Inc. (NASDAQ: QCOM ). If ...
Broadcom knocked more than $4 billion off its bid to acquire Qualcomm, firing back a day after Qualcomm sweetened its own offer to acquire NXP Semiconductors by billions.
Qualcomm responded that Broadcom had made "an inadequate offer even worse," setting up a showdown on March 6, when Qualcomm shareholders are scheduled to elect an 11-member board and decide whether to hand control to a slate of six nominees put forward by Broadcom. A tie-up between Broadcom and Qualcomm would be the biggest technology acquisition ever.
Acquiring both Qualcomm and NXP will leave Broadcom shouldering a massive debt load. But it will also give the company massive earnings power.
Chipmaker Broadcom lowered its offering price for Qualcomm in response to Qualcomm's increased bid for NXP Semiconductors.
On Tuesday, Qualcomm announced that it was increasing its bid for NXP Semiconductors by 16% to $127.50 per share, for a total consideration of about $44 billion, after mounting pressure from NXP shareholders and activist investors.
Qualcomm Inc. criticized Broadcom Ltd.'s revised takeover offer on Wednesday afternoon, after Broadcom lowered its bid earlier in the day. "Broadcom's reduced proposal has made an inadequate offer ...
Broadcom lowered its bid Wednesday in response to a possible Qualcomm tie-up with NXP Semiconductors, which Broadcom sees as lowering the company's value.
Shares of Qualcomm (QCOM) are down 69 cents, or 1%, at $63.30, after Broadcom (AVGO) this morning cut the cash component of its hostile bid for the company by $3 per share, to $57, as mentioned earlier, while scolding the company for its increased bid for NXP Semiconductors (NXPI). Broadcom is off 99 cents at $248.63. Some express a feeling it’s all coming together. For example, Canaccord Genuity’s Mike Walkley writes that “with only MOFCOM (Chinese) regulatory agency left to approve the NXP sale to Qualcomm, and close to 30% of shareholders entering a binding agreement with Qualcomm to sell their shares, we believe Qualcomm will acquire NXP." He’s getting excited about a combination of the three, although there could be “43% accretion in fiscal 2019” for the combined Broadcom-Qualcomm even without NXP.
San Jose-based Broadcom on Wednesday cut its acquisition offer for Southern California chipmaker Qualcomm to $79 per share, in retaliation for a move earlier by Qualcomm’s board to sour the deal. Qualcomm is itself in the middle of an attempt to acquire a smaller competitor, NXP Semiconductors. On Tuesday, Qualcomm’s board increased its offer for NXP from $110 to $127.50 per share in cash, or roughly $44 billion.
Broadcom Ltd. lowered its hostile bid for Qualcomm Inc. after the target forged ahead with its own acquisition, further complicating shareholders’ decision on which management team should operate the world’s ...
Microchipmaker Broadcom Ltd cut its bid for Qualcomm Inc on Wednesday by 4 percent to $117 billion as it objected to Qualcomm’s decision to raise its own bid for NXP Semiconductors. The move appeared to lower the chances of a negotiated deal between Broadcom and Qualcomm, setting up a showdown on March 6, when Qualcomm shareholders will elect an 11-member board and decide whether to hand control to a slate of six nominees put forward by Broadcom. Qualcomm was pursuing a deal with NXP before Broadcom launched its own attempt to buy Qualcomm, and the NXP tie-up is seen as one way for mobile chipmaker Qualcomm to fend off Broadcom.
Broadcom Ltd. announced early Wednesday that it would be lowering its hostile takeover bid for Qualcomm Inc. , following Qualcomm's decision to raise its own bid for NXP Semiconductors NV . Broadcom is ...
Broadcom CEO Hock Tan had previously said a merger between Qualcomm and NXP Semiconductors would lower the value of the company.
Broadcom Corp has lowered its takeover offer for chipmaker Qualcomm Inc to $79 per share from $82 to account for the latter's increased offer for NXP Semiconductors NV, Broadcom said on Wednesday. The ...