GO
Loading...

Broadcom Corp

More

  • SAN FRANCISCO, July 22- Broadcom Corp said on Tuesday it is winding down its money-losing cellular baseband chip business and cutting one-fifth of its total workforce, instead of selling the unit.

  • Broadcom posts smaller 2Q loss Tuesday, 22 Jul 2014 | 5:47 PM ET

    IRVINE, Calif.— Broadcom Corp. on Tuesday reported a smaller loss in its second quarter, and topped analysts' expectations. Broadcom lost $251 million, or 43 cents per share, in the same quarter a year ago. Broadcom shares added 3.2 percent, or $1.25, to $40 in after-hours trading.

  • July 17- Microsoft Corp said on Thursday it would slash up to 18,000 jobs, or 14 percent of its workforce, this year. April 2014- The chipmaker said it had cut 1,500 jobs in Costa Rica. January 2014- Announced plans to reduce its global workforce of 107,000 by about 5 percent this year.

  • Intelligent cars draw investors to tech stocks Wednesday, 2 Jul 2014 | 2:30 AM ET

    *Google, Apple lead; Nokia, TomTom face make-or-break moment. Chip-makers or tech giants such as Infineon and Google are among a variety of companies involved in the rapid development and testing of intelligent cars from those that drive themselves to those allowing a driver to use mobile phone apps through the dashboard.

  • NEW YORK, June 4- U.S. stocks edged up on Wednesday with the S&P 500 ending at a new record as investors brushed off weaker-than-expected labor market data and focused on an acceleration in services-sector growth.

  • What the market's light volume is signaling Wednesday, 4 Jun 2014 | 7:24 AM ET
    Traders on the floor of the New York Stock Exchange.

    A day after records were set, traders found few reasons to buy.

  • *Semiconductors rally; Skyworks lifts outlook. *CBOE VIX ends up but well below historical average. NEW YORK, June 3- U.S. stocks dipped in thin volume on Tuesday, with the Dow and the S&P 500 retreating from Monday's record closing levels as traders found few reasons to buy following a string of gains.

  • *Dow, S&P 500 ended at records on Monday. NEW YORK, June 3- U.S. stocks were little changed on Tuesday, with the Dow and the S&P 500 near Monday's record closing levels as traders found few reasons to buy following a string of gains, though a rise in semiconductor companies' shares limited losses. Google Inc shares fell 1.6 percent to $545.04 and weighed on the Nasdaq.

  • NEW YORK, June 3- U.S. stocks edged lower on Tuesday, with the Dow and the S&P 500 receding from Monday's record closing levels as traders found few reasons to buy following a string of gains, though a rise in semiconductor companies' shares limited losses. Slightly more than 60 percent of stocks traded on both the New York Stock Exchange and the Nasdaq fell on the day.

  • *Dow, S&P 500 ended at records on Monday. NEW YORK, June 3- U.S. stocks edged lower in early trading on Tuesday, receding from record levels as traders found few reasons to buy following a string of gains. Slightly more than 60 percent of stocks traded on both the New York Stock Exchange and the Nasdaq fell on the day.

  • Red-letter day for Dow, S&P, but Nasdaq lags Monday, 2 Jun 2014 | 6:19 PM ET
    Traders on the floor of the New York Stock Exchange.

    Industrials and material stocks were among the day's biggest gainers, while the technology sector ended lower, weighed down by big tech.

  • Cramer: Have stocks become new commodities? Monday, 2 Jun 2014 | 6:08 PM ET

    All too often, Cramer hears that stocks have become commoditized. That is, they trade as a unit just like corn and wheat.

  • *Apple, Google shares weigh on Nasdaq. Industrials and material stocks were among the day's biggest gainers, while the technology sector ended lower, weighed down by big names like Apple and Google. We got a better number and the bonds are selling off, "said Rick Meckler, president of hedge fund LibertyView Capital Management in Jersey City, New Jersey.

  • Dow, S&P 500 post new closing highs; Apple slips Monday, 2 Jun 2014 | 4:33 PM ET

    Stocks closed narrowly mixed on the first trading day of June, but the Dow and S&P 500 squeezed out gains to finish at fresh highs.

  • *Apple, Google shares weigh on Nasdaq. NEW YORK, June 2- The Dow and the S&P 500 inched higher late Monday afternoon, recovering from earlier losses after a closely watched read on U.S. manufacturing was revised to show more strength than initially indicated.

  • *Broadcom rallies, may sell cellular baseband business. NEW YORK, June 2- U.S. stocks mostly held tiny gains on Monday, recovering from earlier losses as a closely watched read on manufacturing was reportedly corrected to show more strength than initially indicated.

  • The cost-intensive cellular baseband business has been losing market share and has weighed on Broadcom's margins. Broadcom on Monday said it would sell or wind down the business as soon as it could, saving some $700 million annually.

  • *Google shares fall, weighing on tech sector. *Broadcom rallies, may sell cellular baseband business. NEW YORK, June 2- U.S. stocks edged lower on Monday, falling from record levels as a weaker-than-expected read on manufacturing gave traders an excuse to sell.

  • Futures edge higher ahead of economic data Monday, 2 Jun 2014 | 8:54 AM ET

    U.S. stock index futures pointed to a higher open Monday, with the Dow and S&P 500 looking to extend their all-time highs from last week.

  • *Dow, S&P 500 may come off fourth month of gains. *VIX near multi-month lows, may be sign of complacency. NEW YORK, June 2- U.S. stock index futures pointed to a flat open on Monday, with investors finding few reasons to keep pushing shares higher, with the Dow and S&P 500 at record levels.