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Scott A. McGregor, Broadcom's President and Chief Executive Officer said, "Broadcom delivered solid profitability in Q2 within our non-GAAP target model, with better-than-expected gross margins and record cash flow from operations

Broadcom (NASDAQ:BRCM) reported Q2 EPS of $0.72, ahead of consensus estimates of $0.64 per share. Revenues for the quarter rose 12% year-over-year to $1.80 billion, in line with consensus estimates of $1.80 billion.

Good Morning. It's Monday, May 9, 2011. At this hour, U.S. equity futures are pointing to a higher open. Overseas, the Asian markets were mixed , while the European markets are to the downside. Hertz Global (HTZ) offered to acquir

Scott A. McGregor, Broadcom's President and Chief Executive Officer said, "Broadcom reported solid results for the first quarter, with revenue above the mid-point of guidance and better-than-expected profitability. In addition, mo

Broadcom (NASDAQ:BRCM) reported Q1 EPS of $0.40. Revenues for the quarter rose 24% year-over-year to $1.82 billion, ahead of consensus estimates of $1.81 billion.

The transaction, which is valued at about $313 million, will be paid in cash except that a portion attributable to certain unvested employee stock options will be paid in the company's restricted stock units. It is expected to be

Broadcom (BRCM) today announced that it has entered into an agreement to acquire Provigent, a privately-held company which has offices in Santa Clara and Israel and provides mixed signal semiconductors for microwave backhaul syste

Equity futures are mixed this morning with the Dow Jones Industrial Average looking to open one point higher while the broader S&P500 index is looking to open almost one point lower. Moving fast in the pre-market session are s

Citigroup Inc. lifted its price target for Broadcom Corp. (NASDAQ:BRCM) on Thursday, from $48.00 to $54.00, with a Buy rating maintained. Citigroup, however, cut its 2010 EPS estimate for the firm by three cents to $2.07, and main