|Bid||259.41 x 800|
|Ask||263.00 x 1300|
|Day's Range||258.97 - 261.50|
|52 Week Range||221.98 - 285.68|
|PE Ratio (TTM)||9.79|
|Earnings Date||May 30, 2018 - Jun 4, 2018|
|Forward Dividend & Yield||7.00 (2.70%)|
|1y Target Est||313.00|
Broadcom Inc. designs, develops, and supplies a range of semiconductor devices with a focus on complex digital and mixed signal complementary metal oxide semiconductor based devices and analog III-V basedRead More...
Broadcom Inc (NASDAQ:AVGO) saw a double-digit share price rise of over 10% in the past couple of months on the NasdaqGS. As a large-cap stock with high coverage by analysts,Read More...
President Donald Trump escalated the United States’ trade war tit-for-tat with China again this week when he threatened to tax the total value of the goods China exports to the U.S. — an amount that totaled more than $500 billion in 2017. This increase in rhetorical intensity has put Wall Street on edge, but, while all stocks could indirectly be impacted by a tariff-induced slowdown in economic growth, those companies with greater revenue exposure to China are especially at risk. Technology stocks have outsized revenue exposure to China.
Broadcom's (AVGO) strengthening collaboration with HPE makes it well poised to expand data center server storage capabilities.
LAS VEGAS, June 20, 2018-- HPE Discover-- Broadcom Inc. today announced it is extending its collaboration with Hewlett Packard Enterprise in server storage offerings and will showcase them this week at ...
Dow Jones futures fell Monday. Five chip stocks are near buy points: Micron Technology, Texas Instruments, Broadcom, ASML and Entegris. Micron reports earnings this week.
was reviewed in early May where I wrote that, "The heavier trading volume in April with prices not really crumbling is a sign that the heavy selling by bears has been absorbed by bulls. Prices have not turned higher so I wonder if what I see on the weekly chart and the Point and Figure chart is more important. Let's review the charts and indicators again to see if we can break out to new highs.
Media company Comcast Corp’s record all-cash US$65bn bid to buy Twenty-First Century Fox’s media assets, a day after AT&T’s long-sought acquisition of Time Warner received a green light, signals an oncoming wave of M&A that banks will aggressively compete to finance. The federal judge’s ruling in favor of the US$85bn AT&T/Time Warner tie-up, first announced in October 2016, without any conditions, removed an obstacle for debt markets after several huge, high profile technology and healthcare deals were scuttled by antitrust or national security concerns. Comcast, in announcing its Walt Disney Co-topping bid, said it had “highly confident” letters from Bank of America Merrill Lynch and Wells Fargo that the banks can secure the needed financing for the proposed acquisition.
Broadcom Inc. said Thursday has cut 1,100 jobs following its $5.5 billion acquisition last year of San Jose-based Brocade Communication Systems. The San Jose-based hardware supplier said it did a major restructuring at the beginning of the year — a result of the merger with Brocade — according to a regulatory filing on Thursday. It cautioned that "management is in the process of further evaluating our resources and business needs and may eliminate additional positions, which would result in additional restructuring costs." Broadcom said the acquisition cost $143 million in restructuring charges, due mostly to employee termination costs, during the first two quarters of its fiscal 2018 year.
Broadcom (AVGO) lays off around 1,100 employees after completion of Brocade buyout in a bid to restructure business and bring about a reduction in costs.
Broadcom Inc. said Thursday it has laid off about 1,100 workers as part of cost-cutting following its $5.5 billion acquisition of Brocade Communication Systems, and more cuts may come. In a filing with the Securities and Exchange Commission, Broadcom said it incurred about $143 million in restructuring charges, mostly from employee termination costs, in the first two quarters of 2018. The company said it is "further evaluating our resources and business needs and may eliminate additional positions." The Brocade purchase closed late last year.
(Reuters) - Broadcom Inc (AVGO.O) said it had laid off about 1,100 employees across its businesses to cut costs after its merger with Brocade Communications Systems. The chipmaker completed its $5.5 billion ...
Broadcom Inc said it had laid off about 1,100 employees across its businesses to cut costs after its merger with Brocade Communications Systems. The chipmaker completed its $5.5 billion acquisition of ...
Investors pursuing a solid, dependable stock investment can often be led to Broadcom Inc (NASDAQ:AVGO), a large-cap worth US$107.31B. Doing business globally, large caps tend to have diversified revenue streamsRead More...
The launch of new iPhones will boost Broadcom's revenue in the second half of the year, but the company is seeing some caution on the part of Apple.
Previously in this series, we saw that Broadcom’s (AVGO) wide profit margins are converting into strong cash flow. In fiscal Q2 2018, Broadcom had $2.1 billion in free cash flow, of which it spent $347 million on stock buybacks and $766 million on dividends. On April 12, a month after Qualcomm’s (QCOM) acquisition was rejected, Broadcom announced a $12 billion buyback program to compensate shareholders for the failed bid.
NEW YORK, June 14, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Broadcom ...
Whereas Broadcom’s (AVGO) revenue fell in fiscal Q2 2018, its profit margins improved as its mix of wide-margin data center products increased. Its wider profit margins boosted its cash flow. The company’s operating cash flow rose 36% sequentially to a record $2.3 billion, accounting for 46% of its revenue.
Broadcom’s (AVGO) fiscal Q2 2018 earnings were affected by the seasonal nature of its wireless segment. In fiscal Q2 2018, Broadcom’s wired revenue rose 9% YoY (year-over-year) and 22% sequentially to $2.3 billion, accounting for 46% of the company’s revenue. The segment benefited from increased spending on networking and compute infrastructure from cloud data centers and enterprises.
Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after the Trump administration released details on the latest round of China tariffs, to which China has responded in kind. In other news, the June Empire State Manufacturing Survey beat Wall Street expectations on nearly every front.
Yahoo Finance's Melody Hahm, Andy Serwer, Ethan Wolff-Mann and Dan Howley, discuss the latest moves in the battle that has the White House pitted against the Senate.