, reporting quarterly profit of $5.39 per share. The chipmaker's revenue also exceeded forecasts. Broadcom said it was benefiting from strong demand for 5G-related chips as well as software unit growth. Broadcom also raised its target dividend by 23% to $3.25 per share for fiscal 2020.
– The drugmaker received an early Food and Drug Administration approval for its second treatment for Duchenne muscular dystrophy. Sarepta will still need to conduct a trial to confirm the drug's benefits, which it said it expects to conclude by 2024. – The luxury goods company said Kate Spade CEO Anna Bakst will depart at the end of 2019, after less than two years on the job.
Source: News Formal (newsformal.com)
STOCKS MIGHT CLIMB ALL TIME NEW HIGHS AGAIN BUT TRUMP HAVE TO STAY POSITIVE IN THE TRADE WAR WITH CHINA UNTIL THE ELECTIONS
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