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Broadcomm is reportedly planning an unsolicited takeover of rival chip maker qualcomm. The deal if completed could top 100 billion. Broadcomms has a history of aggressively acquiring companies to bolster growth. The report sent shares of qualcomm higher by more than 12 . Its been suffering this year. Broadcomm advanced more than 5 . Dominic chu has more on this potentially massive acquisition. Reporter it has the potential of being one of the biggest merger deals ever in global technology. According to sources familiar with the matter, broadcomm is looking to buy qualcomm. Both companies are i...

Good winks morning, welcome to squawk alley, cart qui ca quintanilla with jon fortt stocks off the lows, down triple digits a few moments ago on the session. Watching to see if this dip gets bought in the middle of the day. For that lets get to bob. Still down, off the lows, s p up 10 points from the open lets look at the sector, still defensive but moving to the upside banks a big down open but you can see they have moved in positive territory, telecom only sector on the upid. Cyclicals on the weak side weve been talking about slowdown in the Global Markets in the last six or seven trading se...

Announcer this is nightly Business Report with Tyler Mathisen and sue her youre hired. Job gains more than double from last month as the Unemployment Rate falls to a decade low. I dont value ibm the same way that i did six years ago when i started buying it. Big blues big bruise. Warren buffett dumps a third of his ibm shares. Should you . Repurpose for a purpose. Meet the sisters who are part of the military. Now theyre giving back. Those stories and more for nightly Business Report for friday, may 5th. Good evening, everyone, welcome. The nasdaq and s p 500 set records, even as ibm shares tu...

Coming to you from the new york stock exchange, were stocks closed as records. The dow, nasdaq, s p 500 all at their highest levels ever tonight, despite a mixed jobs report. Investors apparently remain encouraged by global economies and corporate profits that are showing signs of strength. As a result, theyre plowing more money into stocks. The closing numbers, the Dow Jones Industrial average added 62 points, finished at 21,206. Nasdaq was up by 58. The s p gained nine. It was the second straight week of gains for all three major indexes, sue. Bill, now to that jobs report, which was a bit o...

Plus moving in the free market. And the Prime Minister of india meeting with President Trump today as major ceos make their way to the capital we kick off the final trading week the first half of the year after a week where the dow and s p did hit the highs. The fifth straight week of losses for the First Time Since august of 2015 well talk more about it later on but it puts into perspective how spoiled we have been for the First Six Months of 17. Stocks up about 10 year to date total return you had bonds up as well so you didnt have to give up anything on the bond side. Theres been so little ...