Broadcom Reports Third Quarter 2015 Results
- US stocks lose steam after Dow hits milestone 40,000 mark
- Walmart's strong forecast sparks stock surge to record high
- Applied Materials reports upbeat guidance after Q2 results top estimates
- Cisco lifts annual revenue guidance after Q3 results top estimates
- Dow surpasses 40,000, world stocks hit record amid rate cut hopes
- AMC Entertainment (AMC) entered into privately negotiated exchange agreements
- Trade Desk (TTD), Magnite (MGNI) climb following report Netflix (NFLX) will launch an in-house advertising technology platform
- BMO Capital Reiterates Underperform Rating on Plug Power (PLUG)
- Crude Inventory Decreases by 2.5 Million Barrels: EIA
- Deere & Co. (DE) stock falls on guidance cut despite earnings beat
- After-hours movers: Applied Materials, Reddit, Take-Two Interactive, and more
- Midday movers: Walmart, Chubb and Trade Desk rise; Meta, GameStop fall
- After-hours movers: Cisco Systems and Chubb rise, and more
- Midday movers: AMC Entertainment, GameStop fall; Dell rises
- After-hours movers: AMC Entertainment, DLocal, Boot Barn, and more
B. Riley Downgrades Broadcom (BRCM) to Neutral
October 27, 2015 6:33 AM EDTB. Riley downgraded Broadcom (NASDAQ: BRCM) from Buy to Neutral.
For an analyst ratings summary and ratings history on Broadcom click here. For more ratings news on Broadcom click here.
Shares of Broadcom closed at $51.46 yesterday.
... MoreBroadcom (BRCM) Tops Q3 EPS by 3c
October 26, 2015 4:06 PM EDTBroadcom (NASDAQ: BRCM) reported Q3 EPS of $0.77, $0.03 better than the analyst estimate of $0.74. Revenue for the quarter came in at $2.19 billion versus the consensus estimate of $2.14 billion.
"Broadcom delivered third quarter revenue ahead of consensus and above the midpoint of the guided range,"... More