FBR Capital Maintains “Outperform” Rating on Broadcom (BRCM)

Filed in CWA, dividend, euro, Gold, Gold Bullion prices, Guidance, outperform, shares by on September 21, 2010 0 Comments
FBR Capital Maintains “Outperform” Rating on Broadcom  (BRCM)

Wireless chipmaker Broadcom Corporation ( BRCM ) on Tuesday saw its “Outperform” rating reiterated by analysts at FBR Capital Markets. The firm also left its $42 price target for BRCM intact, which represents an expected 25% upside to the stock’s Monday closing price of $33.70. An FBR analyst commented, “Recent checks suggest Broadcom’s 3Q revenues are tracking near the midpoint of its revenue guidance of $1.7B–$1.8B (+6%–12% QOQ), better than many peers. We hear of strength for “combo” chips into smartphones and Apple (Nasdaq: AAPL) products, set top box chips into Europe and Asia, and others like Ethernet networking chips and GPS chips into automobiles. We hear of weakness for Wi-Fi chips going into PCs (still) and consumer routers, and baseband chips.” Broadcom shares were mostly flat in premarket trading Tuesday. The Bottom Line Shares of BRCM have a .95% dividend yield, based on last night’s closing stock price of $33.70. The stock has technical support in the $30-$32 price area. If the shares can firm up, we see overhead resistance around the $36-$38 price levels. We would remain on the sidelines for now. Broadcom Corporation ( BRCM ) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

Continue Reading »

Hotels & Lodging Stock Review – June 2010 – Industry Outlook

Filed in CWA, economy, Gold Investing, Gold Prices, silver by on June 24, 2010 0 Comments

With a gradual recovery of the global economy, the hotels and lodging industry is experiencing an increase in demand. The operating metrics are looking up, and year-over-year comparisons are becoming easier as the operating environment was significantl…

Continue Reading »

SonicWALL, Inc. (SNWL) Inks $717M Merger Deal with Thoma Bravo LLC

Filed in CWA, Gold Investing, silver by on June 4, 2010 0 Comments

IT security and backup provider SonicWALL Inc. today announced it will be acquired by an investor group led by Thoma Bravo LLC for approximately $717 million. Per the agreement, SonicWALL shareholders will receive $11.50 in cash for each share of SonicWALL common stock they hold, representing about 28 percent of the most recent closing

Continue Reading »

Right Back At Ya, “Warmists”

Filed in CWA, Gold, Gold Spot Market by on May 7, 2010 0 Comments

According to the Ottawa Citizen, more than 250 “prominent scientists”, including 11 Nobel laureates, are calling on people to cease personal political attacks and focus on the facts. For a moment, I welcomed the idea of ending the “politicizing” of climate change, and the personal attacks that come with not accepting the gospel of anthropogenic climate change. And then I realized they didn’t mean an end to all political attacks. Just the ones directed at them. So the 250 prominent scientists have turned around and called those who disagree with them “deniers”, a loaded term that is associative with those who disbelieve in the historical evidence of a holocaust against the Jews. Delightful company to be in, I’m sure. WRH permalink

Continue Reading »

Stevens held out for ‘extreme left’ president

Filed in CWA, Gold, Gold Bullion prices by on April 13, 2010 0 Comments

The nation's largest public policy women's organization is not too encouraged by the list of possible replacements for Justice John Paul Stevens, who has announced he is retiring from the Supreme Court. Concerned Women for America (CWA) says the news of Stevens' retirement came as no shock as Stevens, who turns 90 on April 20, had been sending signals for the White House to be prepared for his announcement. Penny Nance (CWA)”Justice Stevens was very up front that he held on,” comments Penny Nance, chief executive officer of CWA. “He was waiting for an extreme left administration before he was… Original Article: Forum: News/Activism

Continue Reading »

Is Your Household One of the 51% Projected to be at Risk in Retirement?

Filed in CWA, silver by on February 26, 2010 0 Comments

Many Americans are reacting to the economic downturn not by resolving to save more but by no longer actively planning for retirement. “That’s exactly the opposite of what they should be doing,’’ said Paul Ballew, senior vice president at Nationwide Insurance. Words: 369

Continue Reading »

GOLD to hit $1300

Filed in Bloomberg TV, China Gold, Commodity warrants, CWA by on December 2, 2009 0 Comments
GOLD to hit $1300

Wednesday – Bloomberg TV ch 650 @ 11.30am watch below Thursday – CNBC TV ch 652 @ 11am (guest host for the hour) The following TV interview is from Bloomberg TV / 2nd Dec 2009 and can be watched below in Media interviews. Global’s  Sees Gold at $1,300 by April 2010 December 2 (Bloomberg) — […]

Continue Reading »