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$CY said it agreed to buy $AVGO's Wireless Internet of Things (IoT) business and related assets in an all-cash transaction valued at $550MM. $CY will buy $AVGO's Wi-Fi, Bluetooth and Zigbee IoT product lines and intellectual property, along with its WICED brand and developer ecosystem. The transaction is expected to close in calendar 3Q16.
$AAL is giving pay hikes to its employees but investors are sulking.
Unicorn Frappuccino. The latest hit from $SBUX. Can't wait to see how this will affect its results.
At what point should $AMZN consider a stock split? $1000 per share seems pretty high.