BofA/Merrill Lynch Upgrades Qualcomm (QCOM) to Buy

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Qualcomm (QCOM) Comments on JANA Partners' Statements; Welcomes Feedback from All Stockholders

April 13, 2015 12:51 PM UTC

Qualcomm (NASDAQ: QCOM) issued the following statement regarding ideas presented by JANA Partners LLC at an investor conference this morning:

Qualcomm welcomes input from our stockholders, including JANA Partners, and we are firmly committed to maintaining an active dialogue with all stockholders and to acting in their best interests.

Our opportunities remain strong. Our innovations have made... More

Qualcomm (QCOM) Attracts Activist Investor

April 13, 2015 6:02 AM UTC

(Updated - April 13, 2015 8:06 AM EDT)

Activist hedge fund JANA Partners has built a more than $2 billion share stake in Qualcomm (NASDAQ: QCOM) and is pushing the company to spin-off its chip unit from its patent-licensing unit, the WSJ reported... More