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)

Stock Alert: Broadcom Corporation (NASDAQ:BRCM), Micron Technology, Inc. (NASDAQ:MU), Alcatel Lucent (NYSE:ALU), ISIS Pharmaceuticals (NASDAQ:ISIS)

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)

LG has confirmed that it’s joining the processor race with Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), which will manufacture chips for the South Korean phone maker. The chips will be designed by LG for LG phones and manufactured by Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) which last year struck a deal with Apple as well. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) stock … Continue reading Semiconductor Stocks In News: Taiwan Semiconductor (NYSE:TSM), Sunedison Inc (NYSE:SUNE), Broadcom Corporation (NASDAQ:BRCM), RF Micro Devices (NASDAQ:RFMD)