AVGO - Broadcom Limited

NasdaqGM - NasdaqGM Delayed price. Currency in USD
265.81
+2.56 (+0.97%)
At close: 4:00PM EST
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Previous close263.25
Open265.48
Bid0.00 x 0
Ask0.00 x 0
Day's range260.46 - 266.53
52-week range180.00 - 285.68
Volume3,736,467
Avg. volume3,224,850
Market cap114.698B
Beta1.01
PE ratio (TTM)66.19
EPS (TTM)4.02
Earnings date27 Feb 2018 - 5 Mar 2018
Forward dividend & yield7.00 (2.65%)
Ex-dividend date2017-12-18
1y target est315.69
Trade prices are not sourced from all markets
  • The Wall Street Journal4 minutes ago

    [$$] FTC Investigates Broadcom Over Negotiations With Customers

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

  • Forbes2 hours ago

    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.

  • Reuters6 hours 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.

  • Reuters6 hours 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 Daily9 hours 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.com9 hours 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
    Bloomberg9 hours 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.

  • Reuters10 hours 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.

  • Barrons.com10 hours 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.

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

    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.

  • Reutersyesterday

    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.

  • Barrons.comyesterday

    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 Dailyyesterday

    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.

  • Forbes2 days ago

    Why Qualcomm Doesn't Need NXP Or Broadcom To Grow

    Does Qualcomm need Broadcom or NXP to grow? Recent disclosures say "no".

  • Qualcomm says it will deliver 'substantial value' this year, and urges rejection of Broadcom bid
    CNBC2 days ago

    Qualcomm says it will deliver 'substantial value' this year, and urges rejection of Broadcom bid

    The company issued strong yearly guidance citing efforts to close Apple litigation and an NXP acquisition.

  • Barrons.com2 days ago

    Qualcomm Fights Back Against Broadcom 'Gun to Head,' Shares Rise

    Shares of Qualcomm (QCOM) are up $1.59, or 2.4%, at $66.97, after the company this morning made a series of announcements to beat back Broadcom's (AVGO) hostile bid. The company has posted a video from CEO Steve Mollenkopf and his executives on its Web site, urging them to reject a slate of directors Broadcom has proposed to replace Qualcomm’s board. Interestingly, this morning, just before the announcement was made, Instinet's Romit Shah raised his rating on the shares this morning to Buy from Neutral, and raises his price target to $75 from $58, after concluding that the company’s hostile takeover bid from Broadcom is a “gun to the head” for management that is making Qualcomm mangenement be “more aggressively focused” on shareholder value.

  • MarketWatch2 days ago

    Qualcomm stock rises after Instinet upgrades to buy

    Shares of Qualcomm Inc. rose 2.9% in Tuesday morning trading after analysts at Instinet upgraded the stock to buy from neutral. The analysts, led by Romit Shah, believe that Broadcom Ltd.'s attempt at ...

  • Qualcomm's fear of a takeover will force management to boost the stock, says Nomura
    CNBC2 days ago

    Qualcomm's fear of a takeover will force management to boost the stock, says Nomura

    Nomura upgraded the stock in anticipation of aggressive moves to keep shareholders happy in the next two quarters.

  • Qualcomm Vows Value Creation to Counter Hostile Broadcom Bid
    Bloomberg2 days ago

    Qualcomm Vows Value Creation to Counter Hostile Broadcom Bid

    Qualcomm Inc. has begun its public defense against the $105 billion hostile takeover attempt by Broadcom Ltd, asking shareholders to have confidence in management’s strategy and push aside the suitor.

  • Zacks.com highlights: Broadcom, Arkema SA, Johnson Outdoors, Modine Manufacturing and DAQO New Energy
    Zacks3 days ago

    Zacks.com highlights: Broadcom, Arkema SA, Johnson Outdoors, Modine Manufacturing and DAQO New Energy

    Zacks.com highlights: Broadcom, Arkema SA, Johnson Outdoors, Modine Manufacturing and DAQO New Energy

  • Barrons.com5 days ago

    [$$] Fending Off an Attack, Qualcomm Tries Offense

    Case in point: wireless-chip giant Qualcomm (QCOM), which is under a hostile takeover attack by even-more-gigantic rival, Broadcom (AVGO). Last week at the Consumer Electronics Show in Las Vegas, Qualcomm announced some new business it won in the radio frequency, or RF chip, business. Broadcom in early November made an unsolicited $130 billion bid for Qualcomm.

  • Barrons.com5 days ago

    Barron's Roundtable: Bright Outlook for Stocks

    The members of Barron’s 2018 Roundtable arrived at our annual gathering in a jolly mood. And why not? U.S. stocks returned an impressive 20% last year, and are off to the races again this year, propelled ...

  • What's Up With Qualcomm's Bid for NXP Semiconductors?
    Motley Fool5 days ago

    What's Up With Qualcomm's Bid for NXP Semiconductors?

    Investors aren't exactly rushing to complete this $38 billion buyout, but Qualcomm still hopes to complete the deal shortly.

  • 2 Dividend Stocks I'd Buy Right Now
    Motley Fool5 days ago

    2 Dividend Stocks I'd Buy Right Now

    Forays into new markets and payouts with yields well above their peers make these tech giants strong growth and income alternatives.

  • Better Buy: Micron Technology, Inc. (MU) vs. Cypress Semiconductor (CY)
    Motley Fool7 days ago

    Better Buy: Micron Technology, Inc. (MU) vs. Cypress Semiconductor (CY)

    Which chipmaker will outperform the market this year?

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