Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductors for wired and wireless communications, will be presenting at the following second quarter 2014 conferences: J.P. Morgan Global Technology, Media and TelecomConference on Wednesday, May 21, 2014 at the Westin Copley Place Hotel in Boston. Broadcom’s presentation begins at 8 a.m. Eastern.Cowen and Company Technology, Media & Telecom Conference on Wednesday, May 28, 2014 at the Palace Hotel in New York. Broadcom’s presentation begins at 9:30 a.m. Eastern. Broadcom Corporation (NASDAQ:BRCM) stock opened today at $29.68 and is currently trading at $29.89. The stock showed a positive weekly performance of 4.25%.
Despite Facebook Inc’s (NASDAQ:FB) recent spending spree — during which it has acquired WhatsApp, Oculus, and other companies — Chief Operating Officer Sheryl Sandberg said FB remains committed to its core business. She also emphasized that its goals include making the social network’s advertisements more relevant, targeting mobile users, and providing more video content. Facebook Inc (NASDAQ:FB) stock opened at $59.98, in current trading session and currently is at $59.82, by loosing -1.81%.The 52 week range of $22.67-$72.59. Company’s market capitalization is $152.67 billion.
Citrix Systems, Inc. (NASDAQ:CTXS) announced the pricing of its offering of $1.25 billion principal amount of convertible senior notes due 2019 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Citrix also granted the initial purchasers of the notes a 30-day option to purchase up to an additional $187.5 million principal amount of the notes, solely to cover over-allotments. Citrix Systems, Inc. (NASDAQ:CTXS) stock is currently trading at $60.41.The EPS of the stock is 1.79. Company’s market capitalization is $11.15 billion.
Baidu Inc. (NASDAQ:BIDU) reported better-than-expected earnings for the first quarter of its 2014 fiscal year (1QFY14; ended March 31, 2014) yesterday after the bell. Baidu Inc (ADR) (NASDAQ:BIDU) stock opened the session at $164.27, and now is at $163.86. The 52 week range of the BIDU stock remained $83.89-$189.34 and the day range was $163.00-$167.35.