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Broadcom Inc (AVGO.OQ)

AVGO.OQ on NASDAQ Stock Exchange Global Select Market

239.39USD
22 May 2018
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$0.34 (+0.14%)
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Latest Key Developments (Source: Significant Developments)

Broadcom Inc Sees Q3 2018 Revenue About $5.05 Bln
Monday, 30 Apr 2018 08:30am EDT 

April 30 (Reuters) - Broadcom Inc ::BROADCOM INC. AFFIRMS GUIDANCE FOR SECOND QUARTER FISCAL YEAR 2018 AND PROVIDES PRELIMINARY REVENUE GUIDANCE FOR THIRD QUARTER FISCAL YEAR 2018.BROADCOM INC <<>> SEES Q2 2018 REVENUE ABOUT $5.0 BLN.BROADCOM INC <<>> SEES Q3 2018 REVENUE ABOUT $5.05 BLN.BROADCOM INC - FOR Q2 OF FISCAL YEAR 2018, COMPANY EXPECTS NON-GAAP NET REVENUE IN RANGE OF $5,000 MLN PLUS OR MINUS $25 MLN .BROADCOM INC - FOR Q3 OF FISCAL YEAR 2018, COMPANY EXPECTS NON-GAAP NET REVENUE IN RANGE OF $5,050 MLN, PLUS OR MINUS $75 MLN .BROADCOM - LOOKING AHEAD TO THIRD FISCAL QUARTER, EXPECT CONTINUED STRENGTH IN DEMAND FROM DATACENTERS WHILE WIRELESS REMAINS WEAK.BROADCOM INC - INCREASING OPEN MARKET BUYBACK ACTIVITIES AS PART OF RECENTLY ANNOUNCED $12 BLN SHARE REPURCHASE PROGRAM.BROADCOM INC <<>> Q2 REV VIEW $5.01 BLN -- THOMSON REUTERS I/B/E/S.BROADCOM INC <<>> Q3 REV VIEW $5.23 BLN -- THOMSON REUTERS I/B/E/S.  Full Article

Broadcom Says Filed Certificate Of Amendment To Change Legal Name
Friday, 23 Mar 2018 05:20pm EDT 

March 23 (Reuters) - Broadcom Ltd ::BROADCOM LTD SAYS FILED CERTIFICATE OF AMENDMENT TO CHANGE LEGAL NAME TO BROADCOM INC. EFFECTIVE MARCH 23 - SEC FILING.  Full Article

MediaTek Says There Has Been No Discussion Or Contact Between Broadcom
Tuesday, 20 Mar 2018 11:24pm EDT 

March 21 (Reuters) - MediaTek Inc <2454.TW>::SAYS THERE HAS BEEN NO DISCUSSION OR CONTACT BETWEEN BROADCOM <<>> AND MEDIATEK CONCERNING THE SUBJECT MATTER OF SUCH MEDIA CLAIMS, CLARIFYING MEDIA REPORTS.  Full Article

Broadcom Limited Announces Q1 Non-Gaap Earnings Per Share $5.12 From Continuing Operations
Thursday, 15 Mar 2018 04:02pm EDT 

March 15 (Reuters) - Broadcom Ltd ::BROADCOM LIMITED ANNOUNCES FIRST QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS AND INTERIM DIVIDEND.Q1 NON-GAAP EARNINGS PER SHARE $5.12 FROM CONTINUING OPERATIONS.Q1 GAAP EARNINGS PER SHARE $14.62.Q1 REVENUE $5.327 BILLION VERSUS I/B/E/S VIEW $5.32 BILLION.Q1 EARNINGS PER SHARE VIEW $5.04 -- THOMSON REUTERS I/B/E/S.‍CAPITAL EXPENDITURES FOR SECOND FISCAL QUARTER ARE EXPECTED TO BE APPROXIMATELY $190 MILLION​.SEES Q2 2018 NON-GAAP NET REVENUE $5,000 MILLION, +/-$75 MILLION.SEES Q2 ‍NET REVENUE $4,997M +/-$75M​.‍QUARTERLY INTERIM DIVIDEND OF $1.75 PER SHARE​.  Full Article

Broadcom Says Will Not Sell Any Critical National Security Assets To Any Foreign Companies​
Friday, 9 Mar 2018 07:00am EST 

March 9 (Reuters) - Broadcom Ltd ::BROADCOM SAYS WILL NOT SELL ANY CRITICAL NATIONAL SECURITY ASSETS TO ANY FOREIGN COMPANIES​.BROADCOM - AFTER REDOMICILING, EACH YEAR WILL INVEST $3 BILLION IN RESEARCH AND ENGINEERING IN U.S..BROADCOM - AFTER REDOMICILING, EACH YEAR WILL INVEST $6 BILLION IN MANUFACTURING IN U.S..  Full Article

Broadcom Says It Will Maintain Qualcomm's 5G R&D Resources
Wednesday, 7 Mar 2018 07:00am EST 

March 7 (Reuters) - Broadcom Ltd ::REGARDING ITS OFFER TO BUY QUALCOMM, WILL MAINTAIN RESEARCH AND DEVELOPMENT RESOURCES QUALCOMM DEVOTES TO 5G.PLEDGING TO CREATE A NEW $1.5 BILLION FUND TO TRAIN AND EDUCATE ENGINEERS IN U.S..WILL ALSO FOCUS RESEARCH AND DEVELOPMENT SPEND TO QUALCOMM'S 5G TECHNOLOGIES THAT ARE "ESSENTIAL TO THE U.S.".SAYS "THERE IS NO TRUTH TO QUALCOMM'S ARGUMENT THAT ITS ANTICOMPETITIVE LICENSING PRACTICES ARE NEEDED TO FUND A ROBUST RESEARCH AND DEVELOPMENT EFFORT".  Full Article

Qualcomm To Adjourn Annual Meeting Of Stockholders To April 5
Monday, 5 Mar 2018 08:11pm EST 

March 5 (Reuters) - Qualcomm Inc ::QUALCOMM TO ADJOURN ANNUAL MEETING OF STOCKHOLDERS TO APRIL 5, 2018 AS A RESULT OF AN ORDER FROM CFIUS.‍ANNUAL MEETING WILL BE RECONVENED ON THURSDAY, APRIL 5, 2018 AT 8:00 A.M. PACIFIC TIME​.  Full Article

Broadcom on course to win majority of Qualcomm board seats - Bloomberg‍​
Monday, 5 Mar 2018 03:14pm EST 

March 5 (Reuters) - :BROADCOM IS ON COURSE TO WIN MAJORITY OF QUALCOMM BOARD SEATS - BLOOMBERG‍​.  Full Article

Broadcom Reiterates Qualcomm Did Not Inform Co Of Its Request For CFIUS Review
Monday, 5 Mar 2018 02:11pm EST 

March 5 (Reuters) - Broadcom Ltd ::BROADCOM REITERATES QUALCOMM DID NOT INFORM ITS OWN STOCKHOLDERS OR BROADCOM OF ITS SECRET, VOLUNTARY UNILATERAL REQUEST FILED ON JANUARY 29, 2018.BROADCOM SAYS ITS ONLY CORRESPONDENCE WITH CFIUS "WAS IN RESPONSE TO CFIUS INQUIRIES ABOUT BROADCOM'S NOMINATION OF DIRECTORS TO THE QUALCOMM BOARD".  Full Article

Qualcomm Says CFIUS Found "National Security Risks" In Broadcom's Proposed Deal
Monday, 5 Mar 2018 10:40am EST 

March 5 (Reuters) - Qualcomm Inc::QUALCOMM SAYS "BROADCOM’S CLAIMS THAT THE COMMITTEE ON FOREIGN INVESTMENT IN THE U.S. (CFIUS) INQUIRY WAS A SURPRISE TO THEM HAS NO BASIS IN FACT".BROADCOM HAS BEEN INTERACTING WITH CFIUS "FOR WEEKS" AND MADE TWO WRITTEN SUBMISSIONS TO CFIUS.CFIUS DETERMINED THERE ARE "NATIONAL SECURITY RISKS" TO THE U.S. RELATED TO DEAL PROPOSED BY BROADCOM.  Full Article

BRIEF-Broadcom Completes Redomiciliation To The United States

* EXISTING CO-HQ IN SAN JOSE, CALIFORNIA WILL BECOME CO'S SOLE HQ AS A U.S. CORPORATION