There is broad dissatisfaction with Qualcomm's board on the part of institutional holders of the stock, who are in possession of 78.71% of the shares outstanding. The company's prospects for 5G and the NXP acquisition may be …
The market has been skeptical that the blockbuster tech deal would be completed from the beginning. Qualcomm stock finished Thursday's session at $62.42, more than a 30 percent discount to the proposed buyout price. Morningstar …
NEW YORK - A seven-day surge in technology stocks ended Tuesday after President Donald Trump blocked Singapore-based chipmaker Broadcom's effort to buy Qualcomm. Trump said he opposed the $117 billion deal because it could …
Under terms of the new offer, Broadcom would pay $82 per share. Qualcomm’s stock closed Friday at $66.07 per share, up from as low as $51.01, where it sat just before word of Broadcom’s interest leaked last fall. Indeed, Broadcomm …
According to the release, Qualcomm “unanimously rejected” an “unsolicited proposal” to buy all of its shares at $82 each, of which $60 would be cash and $22 stock. Broadcom made the revised offer on Monday, up from the previously …
The fourth-quarter earnings season is picking up pace, with multiple companies reporting earnings each day. Per the latest Earnings Preview, approximately 400 companies, including 121 S&P 500 members, will report earnings this week. To …
Surprisingly, Qualcomm stock opened down more than 2.4 percent to below $65 per share on Monday, suggesting investors are skeptical that the $82 buyout bid will be accepted by shareholders and/or approved by global regulators. …
Among the headlines for tech investors this week, three stories stood out. Netflix (NASDAQ: NFLX) crushed the S&P 500's return of more than 3% since Monday. Meanwhile, Qualcomm (NASDAQ: QCOM) served investors a nice 9% dividend …