Goldman Sachs Removes Qualcomm (QCOM) from Conviction Buy List
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Nomura Says Qualcomm (QCOM) Could Have Done More on Buyback, Dividend
March 6, 2013 8:48 AM ESTNomura Securities reiterated its Buy rating and $75 price target on Qualcomm (NASDAQ: QCOM) although they criticized the company's new $5 billion share repurchase plan and raised dividend.
On the buyback, analyst Romit Shah said it should have been bigger. "If executed over two years,... More
Qualcomm (QCOM) Gives Back; Boosts Dividend and Approves New $5B Share Buyback
March 5, 2013 7:51 AM ESTQualcomm, Inc. (NASDAQ: QCOM) investors are smiling this morning following a sharp dividend increase and new multi-billion dollar share repurchase program.
The mobile chip giant announced Tuesday that its Board of Directors has approved a 40 percent increase in the Company's quarterly cash dividend... More
Qualcomm (QCOM) Boosts Qtr. Dividend 40% to 35c/Share
March 5, 2013 7:34 AM ESTQualcomm, Inc. (NASDAQ: QCOM) boosts quarterly dividend 40 percent from $0.25 to $0.35. The rate will be effective for quarterly dividends payable after March 27, 2013. This dividend increase will raise the annualized dividend payout to $1.40 per share of common stock.... More
Qualcomm (QCOM) Approves New $5B Buyback Plan
March 5, 2013 7:32 AM ESTQualcomm Incorporated (Nasdaq: QCOM) announced a new $5.0 billion stock repurchase program to replace the prior $4.0 billion stock repurchase program, which had $2.5 billion of repurchase authority remaining.
The new stock repurchase program has no expiration date. The timing of stock... More
Phablets Call Into Question Future of 10" Tablet - Analyst
March 4, 2013 3:10 PM ESTA phablet is a smartphone with a screen size between 5 and 8 inches. After attending the 2013 Mobile World Congress (MWC), analysts at Deutsche Bank said trends clearly favor devices of this type, which straddle smartphones and tablets.
"Reviewing the meaningful product announcements at the show, we see a... More
