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Broadcom
Qualcomm woos shareholders with promise of earnings boost
(Jan 17): Qualcomm Inc launched its public defense against the US$105 billion ($139 billion) hostile takeover attempt by Broadcom, asking shareholders to have confidence in management’s strategy and push aside the suitor.
January 17, 2018
M&A
Qualcomm ensures worker payments if Broadcom shakes it up
(Jan 11): Qualcomm Inc, as it fights what would be the largest technology takeover, is guaranteeing that any acquirer would have to pay up if existing employees are fired after a corporate change of control.
January 11, 2018
Broker's Calls
This tech manufacturer's 39% sales surge in FY17 is 'no fluke' says Maybank
SINGAPORE (Jan 10): Maybank Kim Eng says Venture Corp's estimated 39% revenue surge in FY17 is "no fluke" and that the Street may be underestimating forward revenue and margins.
January 10, 2018
Tech
Broadcom swings back to the black in 4Q with higher than expected US$636 mil earnings
SINGAPORE (Dec 7): Broadcom reversed back into profitability in 4Q ended Oct as the chipmaker makes a US$105 billion ($142 billion) bid for Qualcomm Inc.
December 07, 2017
M&A
Broadcom presses on in takeover bid; proposes to replace Qualcomm's board of directors
SINGAPORE (Dec 5): Broadcom is now proposing to unseat the board of directors at rival company Qualcomm, after facing multiple rejections in its quest to take over the latter.
December 05, 2017
Singapore economy
Singapore's entrepreneurial scene looks less boring with spate of megadeals
SINGAPORE (Nov 30): Back in 2002, as the city-state was emerging from its worst recession since 1964, the government was getting impatient over the economy's disproportionate reliance on multinationals and a handful of globally competitive state-back
November 30, 2017
Tech
Broadcom's Tan got his way on deals; then he targeted Qualcomm
(Nov 15): Hock Tan has put together nine deals worth more than US$50 billion ($68 billion) since 2013. Broadcom’s chief executive officer has grown accustomed to getting his way, using compromise, more money, sheer force of will—or a combination of al
November 15, 2017
Tech
Broadcom is moving its headquarters back to US from Singapore, says Trump
(Nov 3): President Donald Trump said semiconductor company Broadcom is returning its headquarters to the US from Singapore.
November 03, 2017
Global dividends rise sharply in 1Q; forecast for 2017 upgraded
SINGAPORE (June 7): Global dividends rose to US$218.7 billion ($302 billion) in the first quarter, expanding at an underlying rate of 5.4% year-on-year, according to the latest Global Dividend Index from Janus Henderson.
June 07, 2017