|Bid||64.76 x 500|
|Ask||64.99 x 200|
|Day's Range||64.50 - 65.42|
|52 Week Range||48.92 - 69.28|
|PE Ratio (TTM)||39.25|
|Forward Dividend & Yield||2.28 (3.52%)|
|1y Target Est||N/A|
By Wall Street custom, private-equity firms rarely “go hostile” on a company they seek to acquire. That’s what makes Silver Lake’s decision to back Broadcom’s $105 billion hostile takeover bid for rival ...
Shares of content network pioneers Akamai Technologies (AKAM) are up $7.83, or 13.5%, at $65.69, after activist fund Elliott Management this afternoon disclosed in a 13D filing with the Securities & Exchange Commission that it has taken a 6.5% stake in the shares, saying they’re "significantly undervalued and represent an attractive investment opportunity." Elliott intends to “engage” with Akamai management to see what might be done about it, the firm states: The Reporting Persons believe the Issuer possesses an unmatched network platform which provides a significant competitive advantage in its ability to deliver, accelerate, optimize and secure global traffic and business applications over the internet.
Hock Tan is the man most associated with Broadcom Ltd.’s $105 billion offer for Qualcomm Inc., but he couldn’t have mounted the audacious bid without Silver Lake managing partner Ken Hao. It was Hao who ...
Analysts are mixed on whether share price fluctuations for Advanced Micro Devices Inc. accurately reflect the company's recent performance. AMD (AMD) on Dec. 13 announced the search and artificial intelligence behemoth will use its Epyc processors, though the news only managed to produce a small bump in the semiconductor company’s stock price. Some analysts said AMD's recent stock slump reflects concern stemming from the company’s checkered history.
Qualcomm Inc. is likely to be penalized in the coming weeks by the European Union for paying Apple Inc. to shun rival chip companies, according to a person familiar with the case.
Janet Yellen had some unflattering things to say about bitcoin, saying it’s not a "stable store of value.” But when it comes to stocks, she was a bit more upbeat, saying, “There’s nothing flashing red there, or possibly even orange.” Yahoo Finance's Alexis Christoforous and Jared Blikre discuss.