Qualcomm's Sweetened Offer for NXP Prompts Sharp Broadcom Rebuke

Qualcomm Inc. raised its offer for NXP Semiconductors NV and cut a deal with holders who had been threatening to hold up the transaction — prompting a sharp response from its own hostile suitor Broadcom Ltd. Qualcomm's sweetened offer of $127.50 a share — 16 percent more than the previous price
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CAI International (NYSE:CAI) was upgraded by ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued to investors on Friday, February 2nd. Several other equities research analysts have also recently commented on CAI. William Blair reissued an “outperform” rating on shares of
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Locking down a deal for NXP helps the chipmaker in its efforts to win a higher price from Broadcom. By. Brooke Sutherland. @blsuth More stories by Brooke Sutherland. February 20, 2018, 6:48 AM PST. Photographer: Jacob Kepler/Bloomberg. QUALCOMM INC. -1.11. As of 11:54 AM EST. 63.74 USD.
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ReutersRIGA (Reuters) — Latvia's ABLV Bank sought emergency support on Monday after U.S. officials accused it of helping breach North Korean sanctions while the country's central bank chief faced bribery allegations, turning up the spotlight on its financial system. The Baltic country, which is a
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With that math, a household would be paying 30 percent of its income on the mortgage payment; any more would be considered burdensome. The high cost of buying a home could be a reason why more than three-quarters of people surveyed by Freddie Mac last summer believed that renting was a
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February 20, 2018 – Old Republic National Title Insurance Company (ORNTIC) has unveiled a national digital strategy that involves our exclusive use of Pavaso®, an eClosing solution that serves as a foundation for processing digital real estate transactions in ORNTIC's direct and national settlement
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The funds have been allowed limited discovery in the U.S. Court of Federal Claims and they say the discovery shows the government lied when it decided to sweep Fannie's and Freddie's profits. However, no court has yet said that the government's motives even matter, and the only courts to rule so far
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The WisdomTree Strong Dollar Emerging Markets Equity Fund (NYSEARCA:HMSD), WisdomTree Global ex-US Hedged Real Estate ETF (NYSEARCA:HDRW), WisdomTree US Export & Multinational ETF (NYSEARCA: WEXP) and the WisdomTree US Domestic Economy ETF (NYSEARCA: WUSA) will
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“In January, the market potential for existing-home sales increased to a 6.1 million seasonally adjusted annualized rate (SAAR), a 0.4 percent month-over-month increase, and a gain of 210,000 (SAAR) sales from January 2017,” said Mark Fleming, chief economist at First American. “The gap between
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Bradley Feldmann, president and CEO of Cubic (NYSE: CUB) since July 2014, has been named chairman of the San Diego-based company's board of directors. Cubic said Monday Feldmann succeeds Walter C. Zable, who held the board chairman role for the past five years. As president and CEO,
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Opus Bank announced that Evan Purcell has been named Managing Director, Healthcare Banking. Mr. Purcell, a 14-year banking and finance veteran, is responsible for providing senior debt financing and banking solutions to hospitals, long-term care facilities, behavioral health companies, hospice
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Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.03, from 1.09 in 2017Q2. It fall, as 8 investors sold Standex International Corporation shares while 42 reduced holdings. 17 funds opened positions while 36 raised stakes. 10.01 million shares or 0.78% less from 10.09 million shares in
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“That impact extends into the mortgage market as well. Expanding our dataset to include mortgage loans in Puerto Rico will help industry professionals assess mortgage credit, prepay and loss performance on the island, even in the best of times. Post-Maria, the need for insight into loans on the island
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My latest column, on how banks and credit card companies could restrict support of gun sales in the wake of last week's school shooting, has stirred up chatter in the business world. I've heard from people throughout corporate America overnight since it was published. Many said privately that they want
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Barbie has had many careers: Aerobics instructor, paleontologist, and scuba diver, to name a few. Now, the 59-year-old doll is taking on yet another role—teaching girls to code. Toymaker Mattel announced a series of Barbie-branded coding lessons at the annual International Toy Fair in New York,
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This column does not necessarily reflect the opinion of Bloomberg LP and its owners. To contact the author of this story: Marcus Ashworth in London at mashworth4@bloomberg.net. To contact the editor responsible for this story: Jennifer Ryan at jryan13@bloomberg.net. Before it's here, it's on the
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HUD approved DCHFA as a 50/50 Risk Share lender in April 2017. The program is independent of the Federal Housing Administration's (FHA) traditional mortgage insurance that provides credit enhancement on HFA originated loans. The FHA assumes only a portion of the risk and delegates loan
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The U.S. Supreme Court rejected an appeal from the National Rifle Association, letting California keep using fees paid on firearm transfers to help fund efforts to track down people who acquire guns illegally. The NRA and California gun-rights advocates argued that the state was unconstitutionally using
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Speaking on Tuesday at an investor forum in Tokyo, Uber CEO Dara Khosrowshahi predicted that his company's Uber Air flying taxis will be commercialized and used widely within the next five to ten years. According to Reuters, which earlier reported on the event, Khosrowshahi said that he believes the
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Streaming music provider Spotify appears to be working on a hardware product. And some industry watchers question whether an Apple HomePod alternative is in the works. Spotify recently published a recruitment ad on its website seeking an “Operations Manager — Hardware Product,” according to
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