Scalper1 News
Avago Technologies late Wednesday reported its biggest year-over-year earnings and revenue growth in more than four years, as wireless sales surged along with red-hot Apple iPhone demand. The Singapore-based wireless chipmaker also announced it would acquire networking company Emulex (ELX) for about $606 million, or $8 a share. Avago (AVGO) also guided Q2 revenue above Wall Street forecasts and said Emulex will immediately add Scalper1 News
Scalper1 News