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Qualcomm's Apple Quarrel Likely To Remain Overhang Despite Strong Quarter
Thursday, April 20, 2017 - 9:34am | 452QUALCOMM, Inc. (NASDAQ: QCOM)'s second-quarter earnings beat is overshadowed by an ongoing quarrel with Apple Inc. (NASDAQ: AAPL), at least according to Canaccord Genuity's T. Michael Walkley. Walkley stated in a research report that Qualcomm's earnings per share in the second quarter of $1.34 was...
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Qualcomm Rises After Beating Q2 Estimates
Thursday, April 20, 2017 - 7:01am | 161Qualcomm, Inc. (NASDAQ: QCOM) shares are up more than 2 percent following the company’s second quarter earnings release Wednesday afternoon. Qualcomm reports Q2 Adj. EPS $1.34, beating estimates by $0.15 Sales came in at $6 billion, beating estimates by $100 million The company sees...
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Barron's: Stock Pickers Are Leading The Charge
Sunday, November 6, 2016 - 8:49pm | 646The cover story in this weekend's Barron's examines the resurgence of stock picking over passively managed investing. More than half of actively managed mutual funds have outperformed the S&P 500 in the second half of this year. Other featured articles offer the latest Barron's Emerging...
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Apple, Samsung Could Be To Blame For Qualcomm's Light Guidance
Thursday, November 3, 2016 - 11:21am | 275Tim 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...
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Qualcomm-NXP Deal Proving That The Internet Of Things Has Reached An Inflection Point
Saturday, October 29, 2016 - 9:34am | 379QUALCOMM, 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...
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Why Short Sellers Have Piled On Skyworks Solutions And Other Chip Stocks
Thursday, August 11, 2016 - 9:55am | 843Short sellers focused on three semiconductor stock after recent earnings. One analyst has just bucked investor sentiment on one of these stocks. The share price of two of them have grown handily and the other dropped sharply. A CLSA analyst may have found cause to upgrade Skyworks...
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Apple Chooses Intel Over Qualcomm As Main Component Supplier
Friday, June 10, 2016 - 11:47am | 300Shares of QUALCOMM, Inc. (NASDAQ: QCOM) were trading lower by nearly 2 percent on Friday after Bloomberg reported Apple Inc. (NASDAQ: AAPL) will now use Intel Corporation (NASDAQ: INTC)'s modem chips for a future iPhone. Intel's contract win implies it will mostly replace Qualcomm as...
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Qualcomm Signs New Patent License Agreement With Lenovo
Friday, February 19, 2016 - 10:09am | 327QUALCOMM, Inc. (NASDAQ: QCOM) announced after Thursday's market close that it has entered into a new patent license agreement with China-based Lenovo, a provider of consumer, commercial and enterprise technologies including smartphones under the Motorola brand, servers, smart TVs, tablets and PCs....
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Google Now Endorsing Qualcomm? What It Means For Intel Shareholders
Thursday, February 4, 2016 - 3:28pm | 494Google Inc (NASDAQ: GOOG) may deal a blow to Intel Corporation (NASDAQ: INTC) after a Bloomberg report said that the search giant is planning to publicly give its support to early versions of QUALCOMM, Inc. (NASDAQ: QCOM)'s chips at an investor event next week. The report said that the two...
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Report: Google Will Endorse Qualcomm's Chips At Company Event Next Week
Wednesday, February 3, 2016 - 4:25pm | 170According to a report by Bloomberg, Alphabet Inc (NASDAQ: GOOG)'s Google segment will openly support QUALCOMM, Inc. (NASDAQ: QCOM)'s server chips. Bloomberg, citing "people familiar with the matter," reported that Google will offer its "stamp of approval" during...
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Qualcomm Inks Strategic Cooperation Agreement With China's Guizhou Province
Tuesday, January 19, 2016 - 9:25am | 132QUALCOMM, Inc. (NASDAQ: QCOM) announced over the weekend that it has reached an agreement with the People's Government of Guizhou Province in China to establish a joint venture. According to Qualcomm, the joint venture will be named the Guizhou Huaxintong Semi-Conductor Technology Co., Ltd...
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Report: Qualcomm Says Samsung, Not TSM, Will Be The Sole Manufacturer Of Its Flagship Mobile Chip
Thursday, January 14, 2016 - 11:42am | 211According to Reuters, QUALCOMM, Inc. (NASDAQ: QCOM) named SAMSUNG ELECTRONIC (OTC: SSNLF) the exclusive maker of its new flagship mobile chip, the Snapdragon 820. Reuters noted that Qualcomm awarded the deal to Samsung over rivals such as Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM)....
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Qualcomm's Stock Jumps Higher Following New Patent License Agreements
Tuesday, December 29, 2015 - 10:09am | 148Shares of QUALCOMM, Inc. (NASDAQ: QCOM) were trading higher by nearly 2 percent Tuesday morning after the company announced it has entered into a new 3G and 4G Chinese Patent License Agreement with Haier, a Chinese-based home appliances and consumer electronics brand. As part of the agreement,...
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Why Short Sellers Like Maxim Integrated Over Analog Devices
Tuesday, December 29, 2015 - 9:53am | 1003Short interest in the leading semiconductor stocks was mixed again in early December. Short sellers piled on Maxim Integrated Products Inc. (NASDAQ: MXIM) in particular during that time. Yet, the number of Analog Devices, Inc. (NASDAQ: ADI) and NXP Semiconductors NV (NASDAQ: NXPI) shares short...
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From Disappointment To Modest Optimism: The Street Is Mixed On Qualcomm
Wednesday, December 16, 2015 - 3:20pm | 805Shares of QUALCOMM, Inc. (NASDAQ: QCOM) were trading lower by around 1 percent Wednesday morning. Qualcomm's management confirmed it will maintain its existing corporate structure. The company also reaffirmed a prior commitment to return 75 percent of free cash flow, which will allow greater...