FMHR trader Pete Najarian is bullish on Qualcomm after the company reported record revenues, while Mike Murphy is worried amid increased competition.» Read More
What 10 stocks does trader Michael Farr think are going to deliver in 2014? Click ahead to find out.
All across the world companies have in recent years been hoarding cash - and nowhere more so than in the U.S. The FT reports.
The "Fast Money" traders share their final trades of the day.
Buybacks are good news, but the increase in share repurchases may not be as impressive as it seems.
Dec 16- InterDigital Inc, a U.S. patent licensing firm, says its executives will not attend a meeting with Chinese antitrust authorities in Beijing on Wednesday because it fears they will be arrested.
TAIPEI, Dec 16- Qualcomm Inc and other clients of Advanced Semiconductor Engineering Inc have started to consider shifting some of their business elsewhere after the Taiwanese company's main plant was accused of polluting a river, local media said on Monday.
*Execs decline to comment on Microsoft. SAN FRANCISCO, Dec 13- Qualcomm Inc, the world's biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday, heading off the possibility he might be poached to run Microsoft Corp..
Dec 13- British chip designer ARM Holdings Plc's shares rose as much as 5.7 percent after Bloomberg reported on Thursday that Google Inc may use ARM's technology to design its own server processors. A deal between ARM and Google could dent Intel's dominance in the server market as Google is one of the biggest buyers of server chips.
Some of Friday's midday movers:
Dec 13- Qualcomm Inc promoted Chief Operating Officer Steve Mollenkopf to chief executive in a surprise move that follows investor pressure on the phone chipmaker to return capital and speculation that he might be poached to run Microsoft.
On heels of announcing a new chief executive, Qualcomm looks like a stock that growth investors feel can do no wrong, CNBC's Jim Cramer said Friday.
*Qualcomm says COO Steve Mollenkopf to become CEO in March. NEW YORK, Dec 13- U.S. stocks were modestly higher on Friday, bouncing back after a three-day drop, though market participants remained cautious ahead of a Federal Reserve policy meeting next week.
Dec 13- Qualcomm Inc said Chief Operating Officer Steve Mollenkopf, touted as a possible candidate for the top job at Microsoft Corp, will become the chipmaker's CEO in March, replacing Paul Jacobs who becomes executive chairman.
The "Squawk on the Street" news team weigh in on Qualcomm naming Steve Mollenkopf as its new CEO.
Mollenkopf will become CEO on March 4, after Qualcomm's annual shareholder meeting. Mollenkopf, who has been with Qualcomm for almost 20 years, led the company in its $3.1 billion acquisition of radio frequency chipmaker Atheros Communications Inc in 2011, its biggest acquisition.
The tech giant has named Steve Mollenkopf as its new CEO, reports CNBC's Jon Fortt.
Qualcomm on Friday said it will promote Steve Mollenkopf to chief executive officer, effective March 4, 2014. He will continue to serve as the president.
*Qualcomm: believes its practices are lawful. BEIJING, Dec 12- China's top economic planning agency has "substantial evidence" against chipmaker Qualcomm Inc in an antitrust probe, state media on Thursday quoted a senior official at the price regulator as saying.
NEW DELHI/ MUMBAI, Dec 13- India's Micromax, which has become the country's No. 2 smartphone brand just five years after selling its first handset- a $30 made-in- China model- is looking to go upmarket and overseas. Among all types of phones, Micromax ranks third in India after Nokia and Samsung Electronics.
BEIJING, Dec 12- China's top economic planning agency has "substantial evidence" against chipmaker Qualcomm Inc in an antitrust probe, state media on Thursday quoted a senior official at the price regulator as saying. A China- based public relations official for Qualcomm said the company had no comment on Xu's remarks.