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Broadcom Upgraded On Raised Guidance, Stock Buybacks

2014-12-15 21:39:33| Semiconductors - Topix.net

At its annual analyst day Tuesday, Broadcom announced a $1 billion share buyback plan and increased its Q4 revenue guidance to $2.08 billion-$2.15 billion from $2 billion-$2.15 billion. Analysts polled by Thomson Reuters have forecast $2.1 billion.

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