Market Movers: Tesla Motors Inc (NASDAQ:TSLA), Broadcom Corporation (NASDAQ:BRCM), TriQuint Semiconductor (NASDAQ:TQNT), Applied Micro Circuits Corporation (NASDAQ:AMCC)

Electric-car company Tesla Motors Inc (NASDAQ:TSLA) might be able to stay plugged in in New Jersey. The Assembly’s consumer affairs committee on Thursday unanimously advanced a bill that would allow electric car manufacturers to sell vehicles directly to residents. The companies would be required to operate maintenance facilities in the state. Tesla Motors Inc (NASDAQ:TSLA) stock performance was 1.43% in last session and finished the … Continue reading Market Movers: Tesla Motors Inc (NASDAQ:TSLA), Broadcom Corporation (NASDAQ:BRCM), TriQuint Semiconductor (NASDAQ:TQNT), Applied Micro Circuits Corporation (NASDAQ:AMCC)

New Highs: Broadcom Corporation (NASDAQ:BRCM), American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT), Wells Fargo & Co (NYSE:WFC), Delta Air Lines, Inc. (NYSE:DAL)

Broadcom Corporation (NASDAQ:BRCM) announced it is exploring strategic alternatives for its cellular baseband business, including a potential sale or wind-down. The company has engaged investment bank JP Morgan in connection with its efforts. Broadcom Corporation (NASDAQ:BRCM) stock performance was 9.32% in last session and finished the day at $34.84. Traded volume was 49.60million shares in the last session and the average volume of the stock … Continue reading New Highs: Broadcom Corporation (NASDAQ:BRCM), American Realty Capital Healthcare Trust, Inc. (NASDAQ:HCT), Wells Fargo & Co (NYSE:WFC), Delta Air Lines, Inc. (NYSE:DAL)

Broadcom Corp. (NASDAQ:BRCM) recently announced a wireless power receiver chip that can be incorporated into mobile devices with a connectivity device such as Bluetooth or Wi-Fi, which then can be paired to a Bluetooth Smart device that is built into a charging surface that can be positioned on a car’s central console. Investors are paid a 1.6% dividend. Broadcom Corporation (NASDAQ:BRCM) stock performance was 0.63% … Continue reading Stock Alert: Broadcom Corporation (NASDAQ:BRCM), Micron Technology, Inc. (NASDAQ:MU), Alcatel Lucent (NYSE:ALU), ISIS Pharmaceuticals (NASDAQ:ISIS)

Alcatel-Lucent SA (ADR) (NYSE:ALU) has announced it has initiated a litigation claiming patent infringement in Federal Court in the District of Delaware against Sophos and its subsidiary Cyberoam. Alcatel Lucent SA (ADR) (NYSE:ALU) stock performance was 1.05% in last session and finished the day at $3.86. Traded volume was 10.99million shares in the last session and the average volume of the stock remained 8.53million shares. … Continue reading Stocks To Watch: Alcatel Lucent (NYSE:ALU), Micron Technology (NASDAQ:MU), MRV Communications (NASDAQ:MRVC), Broadcom Corporation (NASDAQ:BRCM), Marvell Technology (NASDAQ:MRVL)

Nomura downgraded Broadcom Corporation (NASDAQ:BRCM) to “neutral” from “buy” and set a $30 price target. The firm noted the company is likely not seeing enough design wins in LTE to drive earnings. Separately, TheStreet Ratings team rates Broadcom Corporation (NASDAQ:BRCM) as a Hold with a ratings score of C+. Broadcom Corporation (NASDAQ:BRCM) stock performance was 0.33% in last session and finished the day at $30.66. … Continue reading Trader’s Alert: Broadcom Corporation (NASDAQ:BRCM), JDS Uniphase Corp (NASDAQ:JDSU), Applied Materials (NASDAQ:AMAT), Marvell Technology Group (NASDAQ:MRVL)

Marvell Technology Group Ltd (NASDAQ:MRVL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday, Stock Ratings News reports. The firm currently has a $17.10 price objective on the stock. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock performance was -0.06% in last session and finished the day at $15.79. Traded volume was 1.38million shares in the … Continue reading Watch List: Marvell Technology Group Ltd. (NASDAQ:MRVL), Broadcom Corporation (NASDAQ:BRCM), VMware, Inc. (NYSE:VMW), AT&T Inc. (NYSE:T)