Nomura Says Qualcomm (QCOM) Could Have Done More on Buyback, Dividend
- Wall St drops as Meta Platforms, economic data weigh
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steady as US demand concerns balance Middle East conflict risks
- Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- Meta Platforms, IBM, Caterpillar fall premarket; American Airlines, Chipotle rise
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
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Goldman Sachs Removes Qualcomm (QCOM) from Conviction Buy List
March 6, 2013 7:05 AM ESTGoldman Sachs removed Qualcomm (NASDAQ: QCOM) from its Conviction Buy List buty maintained a Buy rating and $80 price target.
The remove comes as the firm sees: chipset market share peaking in 2013 as competitors launch LTE chipsets into 2014; device ASPs in the... 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