Avago Technologies Facing High Expectations For Q2

By | May 28, 2014

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Avago Technologies (AVGO), a maker of radio-frequency chips for Apple and Samsung smartphones, is facing high expectations for its fiscal second-quarter earnings report, due out late Thursday. Singapore-based Avago is trading just off its all-time high of 71.28, reached Tuesday. Avago stock was down 1%, near 70.30, in afternoon trading on the stock market today. Avago stock has rallied ahead of its April-quarter earnings report, indicating that Scalper1 News

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