Qualcomm (QCOM) Declares $0.62 Quarterly Dividend; 4.3% Yield
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As Trump amps up trade war, China plays nice with foreign investors
July 12, 2018 4:35 AM EDTBy Michael Martina
BEIJING (Reuters) - Long accused of protectionist tactics that make it a difficult place for foreign firms to operate, China is trying to reverse that narrative amid an escalating trade war with the United States, green-lighting huge investments and portraying itself as a champion of openness.
But critics argue that despite its attempt to claim the moral high ground as U.S. President Donald Trump threatens to apply more tariffs on Chinese imports, Beijing's recent moves to make it easier for foreign businesses to set up operations also effectively acknowledges that it has had discriminatory market... More
China's ZTE clears hurdle to lifting U.S. ban
July 11, 2018 1:41 PM EDTBy Karen Freifeld
(Reuters) - The United States said on Wednesday that it signed an agreement with ZTE Corp that paves the way for the Chinese tech company to resume operations after a nearly three-month ban on doing business with American suppliers.
The ban on China's No. 2 telecommunications equipment maker will be removed once the company deposits $400 million in an escrow account, the U.S. Commerce Department said in a statement announcing that an escrow agreement had been signed.
The ban, which was imposed in April and caused ZTE to cease major operations,... More
NXP Semiconductors (NXPI) Falls as China May Delay Mergers in Spat with U.S.
July 11, 2018 8:59 AM EDTNXP Semiconductors (NASDAQ: NXPI) falls 3.3% in pre-open trade following WSJ headline that China to consider delaying mergers as a way to retaliate against U.S. tariffs. Shares of NXPI are down 3.3%.
... MoreChina Considers Delaying Approval of Mergers, Other Ways to Retaliate vs U.S. - WSJ
July 11, 2018 8:56 AM EDT(Updated - July 11, 2018 9:13 AM EDT)
China can't match Washington's new tariffs and is reviewing plans to hit back in other ways, the Wall Street Journal reported. Measures... More
Qualcomm (QCOM) PT Raised to $67 at Susquehanna
July 10, 2018 7:03 AM EDTSusquehanna raised its price target on Qualcomm (NASDAQ: QCOM) to $67.00 (from $62.00) while maintaining a Positive rating.
Analyst Christopher Rolland notes Qualcomm gains share despite MediaTek noise, better ASPs too
"Qualcomms AP share rose to 60% of new models in 2Q18 (+8% QOQ) and mix... More
