Stock Alert: Berkshire Hathaway (NYSE:BRK.A), Vitesse Semiconductor (NASDAQ:VTSS), Symantec Corporation (NASDAQ:SYMC), QUALCOMM (NASDAQ:QCOM), Broadcom Corporation (NASDAQ:BRCM)

Posted by on Jul 07, 2014

Berkshire Hathaway Inc. (NYSE:BRK.A), Warren Buffett’s investment conglomerate, and Graham Holdings Co. reported Tuesday that they have completed the sale of the Miami-area television station and other assets of Graham Holdings to Berkshire Hathaway. The companies announced the deal on March 12. Berkshire Hathaway Inc. (NYSE:BRK.A) On last trading day company shares ended up $193,600.00.

Vitesse Semiconductor Corporation (Nasdaq: VTSS) announced that it joined the list of companies on the broad-market Russell 3000® Index as of June 27, when Russell Investments completed the 2014 reconstitution of its comprehensive U.S. and global equity indexes.Vitesse Semiconductor (NASDAQ:VTSS) shares advanced 2.92% in last trading session and ended the day on $3.53. VTSS Gross Margin is 56.50% and its return on assets is -25.50%. Vitesse Semiconductor (NASDAQ:VTSS) quarterly performance is -19.04%.

Mountain View, CA-based Symantec Corporation (NASDAQ:SYMC) has announced the launch of a first-of-its-kind program, the Symantec Cyber Career Connection (SC3), to address the global workforce gap in cybersecurity and provide new career opportunities for young adults who may not be college-bound. Symantec Corporation (NASDAQ:SYMC) shares moved up 1.36% in last trading session and was closed at $23.04, while trading in range of $22.69-$23.06. Symantec Corporation (NASDAQ:SYMC) year to date performance is -0.86%.

QUALCOMM, Inc. (NASDAQ:QCOM) announced that they acquired Wilocity, one of the pioneers in 60 GHz WiGig technology. They also announced they would integrate this technology with their current WiFi offerings for use in devices like PCs and wireless routers and also integrate it into their Snapdragon 810 platform for use in phones, tablets, even TVs and displays. QUALCOMM, Inc. (NASDAQ:QCOM) ended the last trading day at $80.99. Company weekly volatility is calculated as 1.11% and price to cash ratio as 8.22. QUALCOMM, Inc. (NASDAQ:QCOM) showed a positive weekly performance of 2.82%.

Broadcom (NASDAQ:BRCM) CEO Scott A. Mcgregor sold 75,000 shares of the stock on the open market in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $37.61, for a total value of $2,820,750.00. Following the sale, the chief executive officer now directly owns 1,761,547 shares in the company, valued at approximately $66,251,783. The transaction was disclosed in a legal filing with the Securities & Exchange Commission. Broadcom Corporation (NASDAQ:BRCM) net profit margin is 4.80% and weekly performance is 2.00%. On last trading day company shares ended up $37.73. Analysts mean target price for the company is $38.97. Broadcom Corporation (NASDAQ:BRCM) distance from 50-day simple moving average is 12.19%.

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