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25 items- NEWSBroadcom Could Report A Modest Beat For Q2, Says Bullish AnalystBroadcom Inc (NASDAQ:AVGO) shares were climbing in trading on Monday, just days after JPMorgan analyst Harlan Sur named the company as the top AI semiconductor supplier behind NVIDIA Corp (NASDAQ:NVDA). The company is likely to report a modest beat when it releases its fiscal second-quarter results on June 12, according to BofA Securities. The Broadcom Analyst: Vivek Arya maintained a Buy rating and price target of $1,680 on the stock. The Broadcom Thesis: The company is likely to reiterate its fiscal 2024 sales outlook of around $50 billion, with strength in AI offsetting headwinds in the legacy segment, Arya said in the note. Check out other analyst stock ratings. On the pre
- SECSEC Form 15-12G filed by Vmware Inc.15-12G - VMWARE LLC (0001124610) (Filer)
- INSIDERDell Michael S returned 169,278,015 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- NEWSAdobe's $20B Figma Deal Faces UK Regulatory HurdleThe U.K. Competition and Markets Authority (CMA) has provisionally concluded that Adobe Inc's (NASDAQ:ADBE) proposed $20 billion acquisition of Figma could harm innovation in software used by U.K. digital designers. Also Read: EU's Antitrust Warning Looms Over Adobe's $20B Figma Takeover Bid: Report The CMA's detailed Phase 2 investigation suggests the deal might reduce competition in product-design software, stifle innovation, and eliminate Figma as a competitive threat to Adobe's major products like Photoshop and Illustrator. Adobe expressed disappointment and disagreement with the CMA's findings, emphasizing the deal's potential value for customers, the Wall Street Journal reports.
- NEWSWhat Happened With Broadcom Stock Today?Broadcom Inc. (NASDAQ:AVGO) shares traded lower on Monday. The stock has pulled back from recent strength over the past week. What To Know: Broadcom stock has trended higher over the month of November. Tailwinds which boosted the stock early in the month included overall tech strength, AI optimism and strong financial results from TSMC, Qualcomm, and Navitas. Shares were propelled further in mid-November by overall market strength following softer-than-expected October inflation data. However, the stock began to pull back from its strength last week. On Nov. 22, the company announced that it completed its acquisition of VMware Inc (NYSE:VMW). Broadcom stock has continued to pull back int
- 13D/GSEC Form SC 13D/A filed by Vmware Inc. (Amendment)SC 13D/A - VMWARE LLC (0001124610) (Subject)
- INSIDERSlta V (Gp), L.L.C. returned 42,050,818 shares to the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERSlta Iv (Gp), L.L.C. returned 42,050,818 shares to the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- NEWS'Broadcom Lays Off Many VMware Employees After Closing Its $69B Acquisition Of The Company' - Business Insiderhttps://www.businessinsider.com/broadcom-vmware-layoffs-employees-face-job-cuts-acquisition-2023-11?r=US&IR=T#:~:text=Broadcom%20first%20announced%20in%20May,receiving%20regulatory%20clearance%20from%20ChinaMany VMware employees learned Monday their positions would be eliminated.Broadcom announced it closed its $69 billion acquisition of VMware on November 22.VMware had already started cutting jobs prior to the deal closing.Many VMware employees learned Monday that their positions will be eliminated following Broadcom closing its acquisition of the company.Broadcom first announced in May 2022 that it would acquire VMware for $61 billion and assume $8 billion of its net debt. It announced tha
- NEWSBroadcom-VMware Deal Closure Sends AVGO Stock To New Highs On 'Sizable Synergy Potential'China has finally approved Broadcom‘s (NASDAQ:AVGO) acquisition of VMware (NYSE:VMW), enabling the $61 billion acquisition to close. The stock has been surging for the past year, up about 85%. Over the past month alone, the stock is up 17% and has created a new 52-week high of ~$1000 as it touched $999.87 on Nov. 20. Broadcom is due to report its fourth-quarter (Q4) earnings on Dec. 7 after market close. Investors and analysts would be keenly looking forward to CEO Hock Tan and CFO Kirsten Spears‘ commentary on the VMware acquisition. The company’s outlook, growth estimates, and future plans would be in focus. Also Read: Broadcom To Rally More Than 23%? Here Are 10 Top Analyst Forec
- NEWSIf You Invested $100 In This Stock 15 Years Ago, You Would Have $700 TodayVMware Inc Cl A Com (NYSE:VMW) has outperformed the market over the past 15 years by 2.86% on an annualized basis producing an average annual return of 14.26%. Currently, VMware Inc Cl A Com has a market capitalization of $61.75 billion. Buying $100 In VMW: If an investor had bought $100 of VMW stock 15 years ago, it would be worth $739.02 today based on a price of $143.00 for VMW at the time of writing. VMware Inc Cl A Com's Performance Over Last 15 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's autom
- SECSEC Form S-8 POS filed by Vmware Inc.S-8 POS - VMWARE LLC (0001124610) (Filer)
- INSIDERVerdecanna Pebbie L returned 15,320 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERSagan Paul returned 24,393 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERRaghuram Rangarajan (Raghu) returned 468,152 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERBrown Marianne Catherine returned 9,880 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERBrown Michael W returned 26,520 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDEROlli Amy Fliegelman returned 103,437 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERDykstra Karen E returned 19,589 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERBrulard Jean Pierre returned 71,053 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERDhawan Sumit returned 122,625 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERAnasenes Nicole returned 4,688 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERDenman Kenneth D returned 7,415 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- INSIDERBates Anthony John returned 20,518 shares to the company, closing all direct ownership in the company (SEC Form 4)4 - VMWARE LLC (0001124610) (Issuer)
- SECSEC Form S-8 POS filed by Vmware Inc.S-8 POS - VMWARE LLC (0001124610) (Filer)