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Broadcom planned purchase of VMware gets South Korean approval – report (NASDAQ:AVGO)

October 20, 2023 by Joshua Fineman

Sundry Photography/iStock Editorial via Getty Images Broadcom’s (NASDAQ:AVGO) planned purchase of VMware (NYSE:VMW) received approval from South Korea. The purchase of VMware (VMW) received approval from South Korea’s Fair Trade Commission, according to a Bloomberg report on Friday, which cited a Broadcom (AVGO) spokesperson. Broadcom (AVGO) reiterated that it expects to close the VMware deal … Read more

Why Broadcom And Vmware Stocks Are Moving Today – VMware (NYSE:VMW), Broadcom (NASDAQ:AVGO)

October 12, 2023 by Ryan Gustafson

Broadcom Inc. AVGO and Vmware, Inc. VMW shares are trading higher Thursday following a report suggesting that China’s State Administration for Market Regulation is expected to grant Broadcom conditional antitrust approval for its acquisition of Vmware. What To Know: According to CNBC’s Jim Cramer, Broadcom shares will gain considerably pending the $60 billion transaction. Cramer … Read more

Broadcom (NASDAQ:AVGO) Expects Chinese Approval for VMW Buyout – TipRanks.com

October 12, 2023 by TipRanks Team

In a regulatory tussle that started last year, Broadcom (NASDAQ:AVGO) now expects its planned acquisition of VMware (NYSE:VMW) to receive conditional approval from Chinese regulators. Both Broadcom and VMware are trading higher in Thursday’s session. Talks about the acquisition deal, valued at $60 billion, started in May of last year. Since then, Broadcom has sought … Read more

The Broadcom (NASDAQ:AVGO), VMware Deal Spread Gets Tighter – TipRanks.com

September 26, 2023 by Steve Anderson

Interesting news out of the ongoing fracas surrounding the Broadcom (NASDAQ:AVGO) and VMware (NYSE:VMW) deal: the deal spread is getting tighter as China’s review looks to produce a lot less meddling and a lot more deal-making. The latest reports suggest that the State Administration for Market Regulation in China isn’t likely to request any more … Read more

China Halts Broadcom (NASDAQ:AVGO) Merger Review – TipRanks.com

September 21, 2023 by Steve Anderson

For the last several weeks now, Broadcom (NASDAQ:AVGO) has been working to buy VMware (NYSE:VMW), in a deal valued at $61 billion. The move has not been met kindly by government regulators, and was under close scrutiny. However, Broadcom is up slightly in Wednesday afternoon’s trading after China’s antitrust operations halted their review pending some … Read more

VMWare (NYSE:VMW) Gains, Broadcom (NASDAQ:AVGO) Retracts With News on China Deal – TipRanks.com

September 6, 2023 by Steve Anderson

There’s big news afoot for chip stock Broadcom (NASDAQ:AVGO) as it moves to purchase cloud computing stock VMWare (NYSE:VMW). More specifically, word has emerged about China’s stance on the deal, and it was enough to send VMWare stock heading upward, while Broadcom stock pulled back fractionally in Wednesday afternoon’s trading. China’s stance focused mainly on … Read more

Broadcom Stock: The Beauty Within – And VMware Will Add To It (NASDAQ:AVGO)

September 6, 2023 by Michael Fitzsimmons

G0d4ather If the reaction to Broadcom’s (NASDAQ:AVGO) Q3 earnings report is any indication, many investors (and professional money managers) still don’t understand the company’s long-term strategy and its primary investment thesis. As a result, they appear to have been expecting a significant “AI boost” to Q3 results (and Q4) and, apparently, were disappointed when it … Read more

Why Wall Street Is Set To Open Mixed Today – VMware (NYSE:VMW), Victoria’s Secret (NYSE:VSCO), Broadcom (NASDAQ:AVGO), Dollar Gen (NYSE:DG), Hormel Foods (NYSE:HRL), Oxford Industries (NYSE:OXM), MongoDB (NASDAQ:MDB), The Communication Services Select Sector SPDR Fund (ARCA:XLC), Real Estate Select Sector SPDR Fund (The) (ARCA:XLRE), Ciena (NYSE:CIEN), Five Below (NASDAQ:FIVE), SentinelOne (NYSE:S), SPDR Select Sector Fund – Technology (ARCA:XLK), Chewy (NYSE:CHWY), SPDR Dow Jones Industrial Average ETF (ARCA:DIA), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), Dell Technologies (NYSE:DELL), Palantir Technologies (NYSE:PLTR), CrowdStrike Holdings (NASDAQ:CRWD), SPDR Select Sector Fund – Consumer Discretionary (ARCA:XLY), Okta (NASDAQ:OKTA), Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Signet Jewelers (NYSE:SIG), United States Oil Fund (ARCA:USO), Lululemon Athletica (NASDAQ:LULU), Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), Invesco CurrencyShares Euro Currency Trust (ARCA:FXE), Genesco (NYSE:GCO), Campbell Soup (NYSE:CPB), Nutanix (NASDAQ:NTNX), PagerDuty (NYSE:PD), SPDR DJ Euro STOXX 50 Etf (ARCA:FEZ), Salesforce (NYSE:CRM), Ollie’s Bargain Outlet (NASDAQ:OLLI)

September 1, 2023 by Shanthi Rexaline

Wall Street was broadly flat in Thursday midday trading in New York, with the S&P 500 Index attempting to mark its fifth consecutive day of gains as an inline PCE inflation report dispelled expectations of an impending Fed rate hike. The core PCE price index, the Fed’s preferred inflation gauge, came in at 4.2% year … Read more