Edition:
India

Qualcomm Inc (QCOM.OQ)

QCOM.OQ on NASDAQ Stock Exchange Global Select Market

55.23USD
18 Apr 2018
Change (% chg)

$0.00 (+0.00%)
Prev Close
$55.23
Open
--
Day's High
--
Day's Low
--
Volume
13,506
Avg. Vol
3,471,419
52-wk High
$69.28
52-wk Low
$48.92

Latest Key Developments (Source: Significant Developments)

Qualcomm Conducting A Reduction Of Full-Time And Temporary Workforce
5:51am IST 

April 19 (Reuters) - :QUALCOMM SAYS AS PART OF COST REDUCTION PLAN ANNOUNCED IN JAN, CO IS CONDUCTING A REDUCTION OF FULL-TIME AND TEMPORARY WORKFORCE- SPOKESPERSON.QUALCOMM SAYS HAVE OFFERED AFFECTED EMPLOYEES SEVERANCE PACKAGES TO REDUCE THE IMPACT OF THIS TRANSITION - SPOKESPERSON.QUALCOMM SAYS FIRST EVALUATED NON-HEADCOUNT EXPENSE REDUCTIONS, BUT CONCLUDED THAT A WORKFORCE REDUCTION IS NEEDED- SPOKESPERSON.  Full Article

Qualcomm Has Begun Cutting Jobs As Part Of The Chipmaker's Promise To Reduce Costs By $1 Bln - Bloomberg
3:03am IST 

April 18 (Reuters) - :QUALCOMM INC. HAS BEGUN CUTTING JOBS AS PART OF THE CHIPMAKER'S PROMISE TO INVESTORS TO REDUCE COSTS BY $1 BILLION - BLOOMBERG,CITING SOURCES.  Full Article

Qualcomm Extends Cash Tender Offer For All Outstanding Shares Of NXP
Friday, 13 Apr 2018 

April 13 (Reuters) - Qualcomm Inc ::QUALCOMM EXTENDS CASH TENDER OFFER FOR ALL OUTSTANDING SHARES OF NXP.TENDER OFFER IS NOW SCHEDULED TO EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON APRIL 20, 2018.  Full Article

Qualcomm Extends Cash Tender Offer For All Outstanding Shares Of NXP
Friday, 6 Apr 2018 

April 6 (Reuters) - Qualcomm Inc ::QUALCOMM EXTENDS CASH TENDER OFFER FOR ALL OUTSTANDING SHARES OF NXP.QUALCOMM INC - TENDER OFFER IS NOW SCHEDULED TO EXPIRE AT 5:00 P.M., NEW YORK CITY TIME, ON APRIL 13, 2018.  Full Article

Six Qualcomm Directors, Including CEO, Get Less Than 50 Percent Re-Election Vote - WSJ‍​
Saturday, 24 Mar 2018 

March 23 (Reuters) - :SIX QUALCOMM DIRECTORS, INCLUDING CEO, GET LESS THAN 50 PERCENT RE-ELECTION VOTE - WSJ‍​.40 PERCENT TO 50 PERCENT OF TOTAL SHARES OUTSTANDING WERE VOTED IN FAVOR OF SIX QUALCOMM DIRECTORS, WITH OTHER FOUR GETTING MORE THAN 50 PERCENT - WSJ, CITING SOURCES‍​.  Full Article

Broadcom Redomiciliation Now Expected To Be Completed By April 3, 2018
Monday, 12 Mar 2018 

March 12 (Reuters) - Broadcom Ltd ::BROADCOM REDOMICILIATION NOW EXPECTED TO BE COMPLETED BY APRIL 3, 2018.BROADCOM LTD - ‍ACQUISITION OF QUALCOMM REMAINS CONDITIONED ON REDOMICILIATION​.BROADCOM LTD - ‍BROADCOM IS IN FINAL STAGES OF REDOMICILING TO U.S. AND NOW EXPECTS TO COMPLETE REDOMICILIATION BY APRIL 3, 2018​.BROADCOM LTD - BROADCOM IS IN FINAL STAGES OF REDOMICILING TO U.S. AND NOW EXPECTS TO COMPLETE REDOMICILIATION BY APRIL 3, 2018.BROADCOM LTD - ‍BROADCOM LOOKS FORWARD TO WORKING DIRECTLY WITH U.S. GOVERNMENT AS A "TRUSTED SUPPLIER, AND CONTINUING QUALCOMM'S EXISTING ENGAGEMENTS"​.BROADCOM - U.S. NATIONAL SECURITY CONCERNS "NOT A RISK TO CLOSING", AS CO "NEVER PLANS" TO ACQUIRE QUALCOMM BEFORE IT COMPLETES REDOMICILIATION.BROADCOM - CO HAS BEEN FULLY TRANSPARENT WITH CFIUS ABOUT REDOMICILIATION PROCESS, BELIEVES IS IN FULL COMPLIANCE WITH MARCH 4 INTERIM ORDER.  Full Article

Qualcomm in talks to settle patent-royalty dispute with Huawei Technologies- WSJ
Wednesday, 7 Mar 2018 

March 6 (Reuters) - :QUALCOMM INC IN TALKS TO SETTLE DISPUTE WITH HUAWEI TECHNOLOGIES; NEGOTIATIONS COULD RESULT IN A SETTLEMENT IN THE COMING WEEKS‍​ - WSJ, CITING SOURCES.QUALCOMM, HUAWEI IN TALKS TO SETTLE PATENT-ROYALTY DISPUTE- WSJ, CITING SOURCES.  Full Article

US dept of Treasury says CFIUS issued order to Qualcomm to postpone stockholders meeting
Monday, 5 Mar 2018 

March 4 (Reuters) - :US DEPARTMENT OF TREASURY - COMMITTEE ON FOREIGN INVESTMENT IN US ISSUED INTERIM ORDER TO QUALCOMM TO POSTPONE ANNUAL STOCKHOLDERS MEETING.US DEPARTMENT OF TREASURY - COMMITTEE ON FOREIGN INVESTMENT IN US ALSO ISSUED INTERIM ORDER TO QUALCOMM TO POSTPONE ELECTION OF DIRECTORS BY 30 DAYS.US DEPARTMENT OF TREASURY - MEASURE WILL AFFORD COMMITTEE ON FOREIGN INVESTMENT IN US, ABILITY TO INVESTIGATE FULLY BROADCOM’S PROPOSED DEAL OF QUALCOMM.  Full Article

Broadcom Receives Second Request From FTC For Proposed Acquisition Of Qualcomm
Saturday, 20 Jan 2018 

Jan 19 (Reuters) - Broadcom Ltd ::BROADCOM RECEIVES SECOND REQUEST FROM FTC UNDER HART-SCOTT-RODINO ACT FOR PROPOSED ACQUISITION OF QUALCOMM.BROADCOM LTD - ‍RECEIVED REQUEST FOR ADDITIONAL INFORMATION,DOCUMENTARY MATERIAL FROM FTC IN CONNECTION WITH CO'S PROPOSED ACQUISITION OF QUALCOMM.  Full Article

Elliott Believes Qualcomm Can Deliver Value To Shareholders At Prices For NXP Higher Than $135/Share
Friday, 19 Jan 2018 

Jan 19 (Reuters) - Elliott Advisors (UK) Limited::ELLIOTT BELIEVES QUALCOMM CAN DELIVER VALUE TO ITS SHAREHOLDERS AT PRICES FOR NXP HIGHER THAN $135 PER SHARE.ELLIOTT ADVISORS (UK) LIMITED - RELEASED A LETTER TO NXP SHAREHOLDERS.ELLIOTT ADVISORS (UK) LIMITED - SYNERGIES FROM ACQUISITION OF NXP BY QUALCOMM ALONE COULD CREATE "BETWEEN $19 AND $48 OF VALUE PER NXP SHARE".ELLIOTT ADVISORS (UK) LIMITED - BOTH QUALCOMM AND NXP SHAREHOLDERS STAND TO BENEFIT FROM "A CREDIBLE OFFER FOR NXP".  Full Article

Photo

Qualcomm to refile China application to get NXP deal cleared

Qualcomm will refile a regulatory application with the Chinese government to clear its $44 billion takeover of NXP Semiconductors, the U.S. chipmaker said on Thursday.