China's ZTE paid over $2.3 billion to U.S. exporters last year, ZTE source says
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Acacia Communications (ACIA) PT Lowered to $27 at Goldman Sachs; 'Most Impacted by Potential Resolution Given 30% ZTE Sales Exposure'
May 15, 2018 7:23 AM EDTGoldman Sachs lowered its price target on Acacia Communications (NASDAQ: ACIA) to $27.00 (from $34.00) while maintaining a Neutral rating, following reports of progress towards ending the ban on ZTE sales.
On May 13, President Trump tweeted, President Xi of China, and I, are working... More
Morgan Stanley Remains Bullish on Broadcom (AVGO)
May 14, 2018 9:09 AM EDTMorgan Stanley reiterated an Overweight rating and $320.00 price target on Broadcom Limited (NASDAQ: AVGO).
In Morgan Stanley's view, the bad news is already out, with Street estimates being properly reset and investors already contemplating the drag on growth from a big shortfall in... More
Apple (AAPL) Seen Launch Multiple Colors for iPhone 8S - Rosenblatt
May 14, 2018 8:10 AM EDTRosenblatt analyst Jun Zhang said Apple (NASDAQ: AAPL), in an attempt to target the younger consumer market, could launch multiple colors for the iPhone 8S (LCD model), including blue, yellow, and pink, during the second half of this year.
Zhang notes... More
Rosenblatt Said Buy ACIA, NPTN, OCLR and LITE as ZTE Future Looks Better
May 14, 2018 8:04 AM EDTRosenblatt analyst Jun Zhang said they are buyers of Acacia Communications (NASDAQ: ACIA), NeoPhotonics (NYSE: NPTN), Oclaro (NASDAQ: OCLR) and Lumentum Holdings (NASDAQ:... More
China Said to Restart Review of Qualcomm's (QCOM) Purchase of NXP (NXPI) - Bloomberg
May 14, 2018 6:13 AM EDTChinese regulators have restarted their review of Qualcomm's (NASDAQ: QCOM) application to acquire NXP Semiconductors (NASDAQ: NXPI), according to Bloomberg, citing people familiar with the matter. China's Ministry of Commerce officials have been asked to hasten the long-delayed review of the purchase and proposed remedies.
... More