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Broadcom BCM6358KFBG network controller Remusrigo/Dreamstime.com Chip maker and software infrastructure supplier Broadcom shares slipped after the company warned of weak demand for the products it sells to enterprise customers, and reshuffled its executive team. Shares of Broadcom (ticker: AVGO) fell 1.9% in the extended session, despite beating consensus estimates, and projecting better-than-expected fiscal first-quarter earnings. Broadcom reported fiscal fourth-quarter net income of $1.32 billion, which amounts to $2.93 a share, compared with a net profit of $847 million...

The Federal Trade Commission and more than 40 states announced separate antitrust litigation against Facebook late Wednesday. Wall Street has pretty much shrugged. Facebook stock (ticker: FB) slipped roughly 0.6% to $276.26 on Thursday, and retreated Wednesday 1.9%, roughly in line with the Nasdaq Composite index. The stock actually rose in midday trading Wednesday after the lawsuit became public. Offering a clue about what investors may be thinking, UBS analyst Eric Sheridan said that while the lawsuit is a regulatory headwind, the likelihood of the lawsuit succeeding in brea...