MarketWatch First Take: Broadcom deal to buy CA makes little sense on the surface [MarketWatch]
Xtrackers California Municipal Bonds ETF (CA)
Last xtrackers california municipal bonds etf earnings: 8/6 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.ca.com
Company Research
Source: MarketWatch
Broadcom deal to buy CA makes little sense on the surface Broadcom Inc.’s surprise $18.9 billion deal to buy software company CA Inc. makes little sense on the surface, but signals a new direction for the tech conglomerate, possibly turning itself into a private-equity player. Late Wednesday, Broadcom AVGO, -2.84% confirmed it would buy CA CA, +0.16% , which derives just over 50% of its revenue from mainframe software, for $18.9 billion in cash, or $44.50 a share. The news was first reported by the Wall Street Journal , and shares of Broadcom tumbled 6% in after-hours trading. CA, however, jumped 16% to $43.29 after hours.. The move is a new direction into software for Hock Tan, Broadcom’s chief executive, whose hostile effort to buy Qualcomm Inc. QCOM, -1.83% QCOM, -1.83% for $110 billion was nixed by the Trump administration earlier this year on national-security grounds. Broadcom at the time was based in Singapore, but it has since based itself back in San Jose, Cali
Show less
Read more
Impact Snapshot
Event Time:
CA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CA alerts
High impacting Xtrackers California Municipal Bonds ETF news events
Weekly update
A roundup of the hottest topics