|Bid||66.420 x 100|
|Ask||66.430 x 400|
|Day's Range||65.950 - 66.849|
|52 Week Range||48.920 - 70.240|
|PE Ratio (TTM)||25.48|
|Forward Dividend & Yield||2.28 (4.18%)|
|1y Target Est||N/A|
Qualcomm (QCOM) has enjoyed strong growth since the mobile revolution took off in 2007, thanks to its cellular modem technology.
Among the companies with shares expected to trade actively in Monday’s session are Cavium Inc., General Electric Company, Verizon Communications Inc., PayPal Holdings Inc. and Wal-Mart Stores Inc.
Broadcom (AVGO) finally completes the long-overdue acquisition of Brocade for almost $5.5 million. The deal boosts Broadcom's position in the storage area networking space.
The probability of AVGO making another acquisition offer for QCOM is not unlikely because its CEO has a strong record of completing complex acquisitions.
The first and the easiest thing that Broadcom could do now is talk with Qualcomm's board and negotiate a higher price.
NXP Semiconductors (NXPI) agreed to be acquired by Qualcomm (QCOM) for $38.0 billion, which translates to $110.00 per share.
Markets shrugged off German government coalition talks breaking down. Marvell Technology is buying fellow chipmaker Cavium for about $6 billion.
U.S. stock futures are mostly lower on Monday, as the Dow Jones Industrial Average and S&P 500 look to recover from two-week losing streaks.
Qualcomm Inc. investors want at least $10 more than the $70-a-share Broadcom Ltd. is offering. If history is any guide, they might get partway there.
Closing a deal to buy NXP Semiconductors was going to be complicated enough for Qualcomm. Closing the deal while fending off a hostile takeover by Broadcom could make for an even bigger headache.
No one in Silicon Valley wants to be called a "chip company" these days. Qualcomm, which makes the processors found in many Android phones and iPhone modems, describes itself as a "platform ...
U.S. smartphone chipmaker Qualcomm (QCOM.O) is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors (NXPI.O) and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said. Winning the green light from both competition authorities would take Qualcomm a major step forward to closing the deal and reinforce its fight against an unsolicited $103-billion takeover bid from Broadcom. The Japan Fair Trade Commission (JFTC) "is expected to clear Qualcomm’s acquisition of NXP imminently," the source said.
U.S. smartphone chipmaker Qualcomm is set to win “imminent” Japanese antitrust clearance for its $38-billion bid for NXP Semiconductors and gain Europe’s approval by the end of the year with slight tweaks to its concessions, a person familiar with the matter said. Winning the green light from both competition authorities would take Qualcomm a major step forward to closing the deal and reinforce its fight against an unsolicited $103-billion takeover bid from Broadcom. The Japan Fair Trade Commission (JFTC) "is expected to clear Qualcomm’s acquisition of NXP imminently," the source said.
Bernstein’s Stacy Rasgon today offers up a think piece about Broadcom’s (AVGO) intentions with respect to its offer to buy Qualcomm (QCOM), an offer Qualcomm rejected on Monday but Broadcom then immediately insisted it still wants to pursue. Rasgon had speculated earlier this week that Broadcom might lower the licensing and royalty charges it commands, in order to smooth things over with customers such as Apple (AAPL), which has blocked payment of royalties Qualcomm said it is owed, and which has cooperated with regulatory authorities investigating Qualcomm’s business practices.
Qualcomm (QCOM) rejected Broadcom’s (AVGO) takeover bid, in part, because there's uncertainty surrounding the deal getting regulatory approval.
QCOM shareholders appear to be interested in AVGO offer, though the former's board has unanimously rejected the latter's first acquisition bid.
In just one week, Qualcomm’s board rejected Broadcom's $70-per-share offer on the grounds that it undervalued the stock and brought regulatory uncertainty.
As reports came in that Broadcom was considering a bid for Qualcomm, the latter’s rising share price triggered more than $1.1 million in automated stock sales in one Qualcomm executive’s trading plan. Matthew S. Grob, executive vice president, technology of Qualcomm’s (QCOM) Qualcomm Technologies unit, had a Rule 10b5-1 in place. In 2016, Qualcomm’s shares rallied, triggering more than $12.7 million in stock sales in Grob’s plan, mostly in the second half of the year and most of the shares sold were through a trust that he controlled.
NXP Semiconductors may cost Qualcomm up to $140 per share now, Jim Cramer says, while Broadcom will have to pay up for Qualcomm, if it wants to pull off an agreement.
October's larger number of tendered shares turned out to be temporary, but the deal is still inching towards the finish line. The only thing that's certain is that this $47 billion deal never gets boring.