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Broadcom Shares Sink as Latest Deal Puzzles Wall Street

Broadcom’s share price fell 14% on Thursday, showing the challenge CEO Hock Tan faces in persuading investors that his $18.9 billion purchase of the software company CA Technologies makes sense for the chip giant......»»

Category: smallbizSource: wsjJul 12th, 2018

"What the Hock?"; Broadcom shares sink on shock software deal

Broadcom Inc's surprise bid to buy software company CA Inc knocked $11 billion off the value of the chipmaker in trading before the bell on Wall Street on Thursday, with analysts struggling to find a clear rationale behind the deal......»»

Category: topSource: reutersJul 12th, 2018

Wall Street is losing patience with Snapchat

Shares of Snapchat's parent company now trade for less than $10 a share, more than 40% below their IPO price. The departure of chief strategy officer Imran Khan, a former Wall Street analyst, is the latest blow to Snapchat......»»

Category: topSource: cnnSep 11th, 2018

Snapchat loses another exec as stock plummets

Shares of Snapchat's parent company now trade for less than $10 a share, more than 40% below their IPO price. The departure of chief strategy officer Imran Khan, a former Wall Street analyst, is the latest blow to Snapchat......»»

Category: marketsSource: cnnSep 10th, 2018

Stop Whining, Elon Musk. Tesla Gets a Better Deal Than GM and Ford

Wall Street has snubbed traditional auto makers’ shares, despite the industry’s growth and strong balance sheets. So why is Tesla complaining?.....»»

Category: topSource: barronsAug 27th, 2018

Citi Raises WWE Price Target Based On Free Cash Flow Outlook

It’s been an exceptional year so far for World Wrestling Entertainment, Inc (NYSE: WWE) stock and its investors, but one Wall Street analyst says there’s still WWE shares deserve their lofty valuation. Latest Ratin.....»»

Category: blogSource: benzingaAug 27th, 2018

Wall Street Weighs In On Apple"s Q3 Earnings Beat: Buybacks, Services, iPhone Demand In Focus

Apple Inc. (NASDAQ: AAPL) shares were up more than 5 percent after the company released a much better-than-feared fiscal third-quarter earnings report. Latest Ratings fo.....»»

Category: blogSource: benzingaAug 1st, 2018

Shares of Elon Musk's Tesla could sink 30 percent in next 12 months, UBS analyst says

Tesla shares could be in for a rough ride, a UBS analyst says. The problem: the electric-car maker won't turn a profit again next year, the Wall Street firm says.  .....»»

Category: topSource: usatodayJul 30th, 2018

The Wall Street Journal: Hong Kong exchange moves closer to deal with mainland for supervoting shares

Hong Kong Exchanges and Clearing Ltd. touted progress in letting mainland Chinese investors trade locally listed companies with supervoting shares, giving Xiaomi a boost......»»

Category: topSource: marketwatchJul 18th, 2018

Why Piper Jaffray says CA Technologies deal could actually be "one of the best in Broadcom"s history"

“It may end up being one of Broadcom’s best acquisitions over the last several years," the analyst says, contradicting Wall Street's consensus reaction last week that the chipmaker's bid for a software company doesn't make sense......»»

Category: topSource: bizjournalsJul 16th, 2018

UBS Downgrades Netflix: "Hitting Pause On Binge Buying"

Netflix, Inc. (NASDAQ: NFLX) shares might finally be getting too rich for Wall Street, trading up 118 percent year-to-date as of Wednesday’s close. The high valuation led UBS to issue a downgrade on the stock. Latest Ratings fo.....»»

Category: blogSource: benzingaJul 12th, 2018

Chipmaker Broadcom plans $19 billion deal to buy software company CA

Broadcom Inc plans to acquire U.S. business software company CA Inc in a $19 billion deal aimed at diversifying Broadcom beyond semiconductors, but Wall Street analysts were immediately skeptical......»»

Category: topSource: reutersJul 11th, 2018

Wall Street snaps four-day rally; latest trade threat weighs

U.S. stocks fell on Wednesday, breaking a four-session streak of gains after Washington's threat to impose tariffs on an additional $200 billion worth of Chinese goods fanned trade war fears, while a sharp drop in oil prices hit energy shares......»»

Category: topSource: reutersJul 11th, 2018

The Wall Street Journal: Dell said to be near deal to acquire VMware tracking stock

Dell Inc. is nearing a deal to combine with shares that track its fast-growing VMware Inc. virtualization-software unit, a move that would give the PC and data-storage giant a public listing once again, according to people familiar with the matter......»»

Category: topSource: marketwatchJul 1st, 2018

Dell near deal to swap out DVMT tracking shares: WSJ

(Reuters) - Dell Inc is close to a deal to combine shares that track its VMware Inc virtualization-software unit in an effort that would result in a public listing for the personal computer and data storage company, the Wall Street Journal said on Sunday......»»

Category: topSource: reutersJul 1st, 2018

Why One Analyst Believes AT&T Shares Have Finally Bottomed Out

One key analyst on Wall Street believes the AT&T deal for Time Warner will not hurt shareholders further, and he has effectively called a bottom in the stock......»»

Category: blogSource: 247wallstJun 27th, 2018

Carnival Shares Sink Even With Record-Breaking Performance

Wall Street unfazed .....»»

Category: worldSource: nytJun 25th, 2018

Carnival Shares Sink even with Record-Breaking Performance

Wall Street unfazed .....»»

Category: personnelSource: nytJun 25th, 2018

ZTE Shares Plunge as Rescue Deal Threatened - Wall Street Journal

Wall Street JournalZTE Shares Plunge as Rescue Deal ThreatenedWall Street JournalHONG KONG—Shares of ZTE Corp. plunged on t.....»»

Category: topSource: googlenewsJun 13th, 2018

Wall Street Weighs In On Five Below"s Q1 Earnings

Five Below Inc (NASDAQ: FIVE) shares rose 22 percent Thursday after the retailer's first-quarter earnings and sales beat.  Discount retail remains one of the brightest spots in brick-and-mortar retail. Latest Ratings for FIVE .....»»

Category: blogSource: benzingaJun 7th, 2018

Latest Wall Street view on Tesla is a cautious one

Analysts at Needham start covering Tesla shares with hold rating, thanks to what they view as continued production hiccups for the Model 3, Tesla’s ‘shrinking’ competitive advantage, and difficulties ahead in China......»»

Category: topSource: moneycentralJun 1st, 2018