Edition:
United Kingdom

Qualcomm Inc (QCOM.OQ)

QCOM.OQ on NASDAQ Stock Exchange Global Select Market

51.44USD
20 Apr 2018
Change (% chg)

$-1.13 (-2.15%)
Prev Close
$52.57
Open
$52.81
Day's High
$52.88
Day's Low
$51.32
Volume
3,713,553
Avg. Vol
3,517,600
52-wk High
$69.28
52-wk Low
$48.92

Latest Key Developments (Source: Significant Developments)

Qualcomm Inc To Reduce 1,231 Employees In San Diego
Thursday, 19 Apr 2018 

April 19 (Reuters) - Qualcomm Inc ::QUALCOMM IN NOTICE FILED WITH CALIFORNIA EMPLOYMENT DEVELOPMENT DEPARTMENT - REDUCING 1,231 EMPLOYEES IN SAN DIEGO; EMPLOYMENT TERMINATIONS TO BEGIN ON/ABOUT JUNE 19.QUALCOMM IN NOTICE TO CALIFORNIA EMPLOYMENT DEVELOPMENT DEPARTMENT - REDUCING WORKFORCE AT SAN JOSE, SANTA CLARA OFFICES; TO IMPACT ABOUT 269 EMPLOYEES.  Full Article

Qualcomm Says Co's Unit, NXP To Amend Some Restrictions
Thursday, 19 Apr 2018 

April 19 (Reuters) - NXP Semiconductors NV ::QUALCOMM SAYS CO'S UNIT, NXP TO AMEND SOME RESTRICTIONS RELATED TO CONDUCT, OPERATIONS OF NXP PRIOR TO THE EARLIER OF TERMINATION OF PURCHASE AGREEMENT.QUALCOMM SAYS CO'S UNIT, NXP TO AMEND SOME RESTRICTIONS IN AGREEMENT INCLUDING NXP’S ABILITY TO UNDERTAKE ACQUISITIONS, SETTLE LITIGATION - SEC FILING.  Full Article

Qualcomm Conducting A Reduction Of Full-Time And Temporary Workforce
Thursday, 19 Apr 2018 

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
Wednesday, 18 Apr 2018 

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​
Friday, 23 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
Tuesday, 6 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

Tech tumbles ahead of crucial week for quarterly results

SAN FRANCISCO, April 20 U.S. technology stocks tumbled on Friday ahead of a crucial week of quarterly reports from Alphabet, Facebook and other heavyweights as investors worried that the high-performance sector may be running out of fuel.