Trader’s Alert: Broadcom Corporation (NASDAQ:BRCM), JDS Uniphase Corp (NASDAQ:JDSU), Applied Materials (NASDAQ:AMAT), Marvell Technology Group (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)

Kristen Barton05/0505/05

Communication Equipment: Nokia Corporation (ADR) (NYSE:NOK), QUALCOMM (NASDAQ:QCOM), Alcatel Lucent (NYSE:ALU), JDS Uniphase Corp (NASDAQ:JDSU)

Nokia Corporation (ADR) (NYSE:NOK) suffered a jolt when the Supreme Court refused to lift the restraint on sale of its Indian assets, including the Chennai plant, as part of the handset maker’s global deal with the Microsoft. The apex court dismissed Nokia’s plea against the Delhi High Court order directing its parent company in Finland to give an undertaking to fulfil the conditions relating to … Continue reading Communication Equipment: Nokia Corporation (ADR) (NYSE:NOK), QUALCOMM (NASDAQ:QCOM), Alcatel Lucent (NYSE:ALU), JDS Uniphase Corp (NASDAQ:JDSU)

Colin Pettis03/1703/17