BRCM News 38.38 07/17/2014 04:46:14 Broadcom Corp (BRCM)

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Broadcom Corp (BRCM) 38.38 $BRCM

SmarTrend Watching for Potential Pullback in Shares of Broadcom After 1.66% Gain
Comtex SmarTrend(R) - Wed Jul 16, 4:55PM CDT
Broadcom (NASDAQ:BRCM) traded in a range yesterday that spanned from a low of $37.91 to a high of $38.40. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $38.15 on volume of 4.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Look for Shares of Broadcom to Potentially Pullback after Yesterday's 1.66% Rise
Comtex SmarTrend(R) - Wed Jul 16, 4:55PM CDT
Broadcom (NASDAQ:BRCM) traded in a range yesterday that spanned from a low of $37.91 to a high of $38.40. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $38.15 on volume of 4.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

Broadcom (BRCM) Showing Signs Of Being A Momo Momentum Stock
at The Street - Wed Jul 16, 2:49PM CDT
Trade-Ideas LLC identified Broadcom (BRCM) as a momo momentum candidate

Microvision Inc. (MVIS) in Focus: Stock Moves 5.1% Higher - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 8:21AM CDT
Microvision Inc. (MVIS) was a big mover last session, as the company saw its shares rise by over 5% on the day.

Qumu Corporation (QUMU) Crumbles: Stock Falls by 6.5% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 7:41AM CDT
Qumu Corporation (QUMU) fell over 6% in the last trading session amid huge volumes, continuing its recent trend, as the stock is down over 17% in the past one-month time frame.

Broadcom Extends Small Cell Leadership with New Devices for Residential, Enterprise and Outdoor Markets
PR Newswire - Wed Jul 16, 7:00AM CDT
News Highlights:

Intel Has a Chip on Its Shoulder That Will Make Investors Money
at The Street - Tue Jul 15, 5:11PM CDT
This afternoon's earnings results will only be window-dressing for what's coming ahead. Buying Intel stock is about next year and beyond.

Is Marvell Technology Group Ltd. Making a Risky Bet?
Ashraf Eassa, The Motley Fool - Motley Fool - Mon Jul 14, 4:51PM CDT
Marvell Technology Group has been quite a wild stock over the past several years. The company's shares gained real momentum a couple of years back, as it was viewed as a hot smartphone component play. However, its core storage silicon business...

Shares of BRCM Up 33.0% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Mon Jul 14, 4:48PM CDT
SmarTrend identified an Uptrend for Broadcom (NASDAQ:BRCM) on December 10th, 2013 at $28.51. In approximately 7 months, Broadcom has returned 33.03% as of today's recent price of $37.92.

Developments in Wireless Communication Technologies Drive the Base Station Market, According to New Trend Report Published by Global Industry Analysts, Inc.
PRWeb - Mon Jul 14, 6:26AM CDT
Follow us on LinkedIn - A base station or cell site is a stationary transceiver used to facilitate wireless communications by receiving and transmitting data from a specific geographic area. A typical base station features a tower, antennas, uninterrupted power supply, coaxial cable and other electronic equipment. Designed as an integral part of a wireless telephone system, the two-way, multi-channel radio optimally connects all mobile handsets operating within its coverage area, and relays calls to the wired network. Key factors driving demand for wireless base stations include widespread deployment of 3G & 4G networks, robust proliferation of ultra-low priced smartphones in developing countries and the ensuing escalation in the number of 3G subscribers, and mobile network operators' push to launch LTE services. The focus on preserving capital investments is expected to benefit demand for multi-mode base stations engineered to provide support to 2G, 3G and 4G networks.

Qualcomm Fiscal Q3 Views Trimmed By Goldman Sachs
at Investor's Business Daily - Fri Jul 11, 8:54AM CDT
Goldman Sachs lowered its June- and September-quarter estimates for Qualcomm (QCOM), saying mobile phone demand has been weak of late pending the expected launch of Apple's (AAPL) iPhone 6 and China's ramp up of 4G data services. Goldman Sachs...

Intel Creates IoT Group with Tech Leaders - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 2:51PM CDT
Intel Corporation (INTC) declared that it is establishing Open Interconnect Consortium ("OIC", an initiative focused on improving interoperability for Internet of Things with the support of Dell, Samsung, Atmel (ATML), Broadcom (BRCM) and Wind River.

Marvell Technology Falls 2.1% on Analyst Downgrade - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 8:30AM CDT
Shares of Marvell Technology (MRVL) went down 2.1% in yesterday's trade.

Siliconware Precision (SPIL) Falls: Stock Goes Down 6.0% - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Jul 10, 7:49AM CDT
Siliconware Precision (SPIL) fell nearly 6% in the last trading session amid huge volumes, continuing its recent volatile trend as it is currently trading within the volatile price range of last one month.

Watch for Shares of Broadcom (BRCM) to Approach Resistance at $38.15
Comtex SmarTrend(R) - Wed Jul 09, 9:01AM CDT
Broadcom (NASDAQ:BRCM) has opened bullishly above the pivot of $37.51 today and has reached the first level of resistance at $37.88. Analysts will be watching for a cross of the next upside pivot targets of $38.15 and $38.79.

Why Broadcom (BRCM) Stock Is Moving Higher This Morning
at The Street - Wed Jul 09, 7:26AM CDT
Shares of Broadcom (BRCM) are up in pre-market trade after Oppenheimer (OPY) upgraded the semiconductor company to 'outperform' from 'perform.'

Broadcom Announces Conference Call to Review Second Quarter 2014 Financial Results
PR Newswire - Wed Jul 09, 7:00AM CDT
Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductors for wired and wireless communications, will conduct a conference call with analysts and investors following the release of its second quarter 2014 financial results on Tuesday, July 22, 2014 at 1:45 p.m. Pacific Time; 4:45 p.m. Eastern Time. The conference call will be conducted by Scott McGregor, Broadcom President and Chief Executive Officer and Eric Brandt, Broadcom Executive Vice President and Chief Financial Officer.

Upgrade Alert for Broadcom (BRCM)
Comtex SmarTrend(R) - Wed Jul 09, 6:55AM CDT
Broadcom (NASDAQ:BRCM) was upgraded from Perform to Outperform at Oppenheimer today. The stock closed yesterday at $37.62 on volume of 5.8 million shares, below average daily volume of 10.1 million. Broadcom (NASDAQ:BRCM) has potential upside of 6.1% based on a current price of $37.62 and analysts' consensus price target of $39.91. Broadcom shares have support at the 50-day moving average (MA) of $34.12 and additional support at the 200-day MA of $30.09.
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