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Broadcom Corp

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  • Avago to buy Broadcom in $37 billion deal Thursday, 28 May 2015 | 9:13 AM ET
    Broadcom

    Avago Technologies on Thursday agreed to buy Broadcom for $37 billion in cash and stock.

  • *Avago rises after agreeing to buy Broadcom for $37 bln. *Abercrombie& Fitch rises after positive forecast. Initial claims for state unemployment benefits rose by 7,000 to a seasonally adjusted 282,000 for the week ended May 23, the Labor Department said on Thursday.

  • Wall Street New York Stock Exchange NYSE American Flags

    U.S. stock index futures traded lower on Thursday, as hopes faded that a rescue-for-reforms deal for crisis-struck Greece was nearing.

  • Early movers: BRCM, COST, EXPR, ANF & more Thursday, 28 May 2015 | 7:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • UPDATE 1-Avago to buy Broadcom in $37 bln chip deal Thursday, 28 May 2015 | 7:41 AM ET

    May 28- Avago Technologies Ltd said it would buy fellow chipmaker Broadcom Corp in a cash-and-stock deal valued at $37 billion. Avago, a maker of chips for the wireless and industrial markets, is offering Broadcom shareholders $17 billion in cash and Avago shares valued at $20 billion. Broadcom had a market value of $28.85 billion as of Tuesday's close, while...

  • NEW YORK— Avago Technologies is buying rival chipmaker Broadcom in a cash and stock deal worth about $37 billion, vastly expanding its lineup of products for the rapidly growing wireless device market at a time when sales growth has otherwise been tough to come by for smaller chipmakers. Hock Tan, Avago's president and chief executive, says that the deal will...

  • US STOCKS-Futures edge lower as Greece worries weigh Thursday, 28 May 2015 | 7:24 AM ET

    May 28- U.S. stock index futures were lower on Thursday, weighed down by concerns about Greece's ability to strike a deal with its creditors. *European officials downplayed talk that Greece and its lenders were drafting an agreement that would provide Athens much-needed debt relief. *Broadcom shares rose 0.85 percent to $57.64 in premarket trading after Avago...

  • Avago Technologies' second-quarter earnings doubled and it said it would buy rival chipmaker Broadcom in a $37 billion cash-and-stock deal. Avago's earnings jumped to $344 million, or $1.21 per share, in a performance fueled partially by growth from a previous acquisition. Last year, Avago brought LSI Corp. for $6.6 billion and then later sold that company's...

  • Avago to buy Broadcom in $37 bln deal Thursday, 28 May 2015 | 7:09 AM ET

    Avago, which makes chips for the wireless and industrial markets, is offering Broadcom shareholders $17 billion in cash and Avago shares valued at $20 billion.

  • European shares dip as uncertainty over Greece lingers Thursday, 28 May 2015 | 6:35 AM ET

    LONDON, May 28- European shares slipped lower on Thursday, as lingering uncertainty over Greece's debt problems pegged back the region's stock markets. European equities had rallied on Wednesday on reports of a staff-level agreement between Greece and its creditors but German Finance Minister Wolfgang Schaeuble later said there was not much progress in...

  • 6 trades on big day for chip makers Wednesday, 27 May 2015 | 7:08 PM ET
    The Qualcomm booth at the 2014 International CES.

    Intel, Qualcomm and Broadcom all saw big gains on Wednesday, and "Fast Money" traders discussed which names have more room to run.

  • May 27- Avago Technologies Ltd is close to an agreement to acquire fellow chipmaker Broadcom Corp, people familiar with the matter said on Wednesday, in a deal that could boost Avago's clientele of top-tier smartphone companies. A deal between Avago and Broadcom could come as early as this week, the people said, cautioning that the negotiations had not yet been...

  • *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales, weighs on rivals. *Chipmakers Broadcom, Avago surge on M&A talks.

  • Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed higher, recovering from Tuesday's selloff, as Greece news cheered investors amid a slight pause in the dollar and yield climb.

  • UPDATE 1-Avago nears deal for Broadcom-sources Wednesday, 27 May 2015 | 3:06 PM ET

    May 27- Avago Technologies Ltd is close to an agreement to acquire fellow chipmaker Broadcom Corp, two people familiar with the matter said on Wednesday. A deal between Avago and Broadcom could come as early as this week, the people said, cautioning that the negotiations had not yet been finalized. Shares of Broadcom, which had a market value of about $29 billion as...

  • Broadcom spikes 16% on Avago takeover report Wednesday, 27 May 2015 | 3:01 PM ET
    Broadcom

    Shares in Broadcom rose sharply on Wednesday after Dow Jones reported the chip company was in talks to be bought by peer Avago Technologies.

  • *Euro rises against dollar as Greece default fears fade. *Michael Kors slumps on weak sales, weighs on rivals. May 27- U.S. stocks were on track for their strongest daily gain in two weeks on Wednesday, led by technology and healthcare stocks and hopes that Greece would avoid defaulting on its debt.

  • Broadcom in advanced talks to be bought by Avago - WSJ Wednesday, 27 May 2015 | 2:19 PM ET

    May 27- Chipmaker Broadcom Corp is in talks to be bought by Avago Technologies Ltd, the Wall Street Journal reported on Wednesday. The report said the terms and timing the companies were discussing for a potential deal were not clear. Broadcom's shares rose 17 percent to $55.10 and Avago's shares rose more than 7 percent to $140.73 in afternoon trading on the news.

  • Early movers: DE, CPB, HPQ, GPS, ROST & more Friday, 22 May 2015 | 7:49 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • The semiconductor trade: 4 stocks to watch Thursday, 14 May 2015 | 7:50 PM ET
    Broadcom Corp. signage is displayed outside of the company's headquarters in Irvine, California.

    "Fast Money" traders looked at stocks that could pop in the battered semiconductor sector after Applied Materials' earnings beat.