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$BRCM Broadcom Corporation and Avago Technologies Limited announced the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired with regard to their previously announced transaction. Closing of the transaction is still expected by the end of the first calendar quarter of 2016.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.