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Broadcom faces FTC competition investigation

2018-01-18 09:21:00| Telecompaper Headlines

(Telecompaper) The US Federal Trade Commission is investigating whether Broadcom engaged in anticompetitive tactics in negotiations with customers, people familiar with the matter told the Wall Street Journal. 

Tags: competition investigation faces ftc

 

Qualcomm outlines opposition to Broadcom bid in letter to shareholders

2018-01-16 17:26:00| Telecompaper Headlines

(Telecompaper) Qualcomm has issued a letter to shareholders and investors presentation outlining its board's opposition to Broadcom's proposed takeover bid and plans to grow the chipmaker on its own. The offence comes ahead of an AGM in March where Broadcom has proposed its own slate of directors for Qualcomm. 

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Broadcom raises interim div by over 70% after strong Q4, FY results

2017-12-07 09:48:00| Telecompaper Headlines

(Telecompaper) For the long term, Broadcom said it will continue to target annual revenue growth of 5 percent and that it will be raising its target for adjusted gross margin from greater than 60 percent to 65 percent and its adjusted operating margin from 45 percent to 47.5 percent. Broadcom will also be raising its long-term target for free cash flow from 35 percent to 40 percent of net revenue. 

Tags: results strong div interim

 

Broadcom to propose new board of directors at Qualcomm AGM

2017-12-04 14:27:00| Telecompaper Headlines

(Telecompaper) Broadcom has launched a proxy battle in its attempt to take over Qualcomm, proposing its own slate of directors for election at Qualcomm's AGM in March. The decision follows Qualcomm rejecting Broadcom's offer of USD 130 billion for the company as too low.

Tags: board directors propose agm

 

Broadcom mulls raising Qualcomm bid

2017-11-24 01:00:00| Total Telecom industry news

Broadcom is mulling a sweetened bid for Qualcomm that would comprise a larger amount of its own shares, it emerged this week. This is according to sources cited by Reuters on Wednesday…read more on TotalTele.com »

Tags: bid raising qualcomm broadcom

 

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