Qualcomm NXP Merger

Tim Long of BMO Capital commented in a report that QUALCOMM, Inc.'s (NASDAQ: QCOM) fourth quarter earnings print was better than expected, but guidance into December was "slightly weaker." Qualcomm earned $1.28 per share in the quarter on revenue of $6.2 billion, which exceeded...

QUALCOMM, Inc.'s (NASDAQ: QCOM) proposed $110 per share offer to acquire NXP Semiconductors NV (NASDAQ: NXPI) serves as a sign that the Internet of Things has reached an inflection point, at least according to Craig Hettenbach of Morgan Stanley. In a report on Friday, Hettenbach...