Qualcomm, Inc. (NASDAQ:QCOM) expressed concerns that investigations into the company’s business practices is harming profitability. The company, a leader in smartphone chips, has seen a drop in its shares – as much as 6.5%, sliding from $77.20 to 72.50 on the NASDAQ. The drop in the company’s market shares value followed disclosures that Qualcomm, Inc,…
QUALCOMM, Inc. (QCOM), United Technologies Corporation (UTX), McGraw Hill Financial Inc (MHFI): Top Investments of Rit Capital Partners
Rit Capital Partners has a current portfolio of $181 million, according to its recent SEC 13F filing, with Jacob Rothschild as its manager. The fund has it primary focus in technology, conglomerates, and service industry. QUALCOMM, Inc. (NASDAQ:QCOM), United Technologies Corporation (NYSE:UTX), McGraw Hill Financial Inc (NYSE:MHFI) are the top three investments of Rit Capital…
Mobile Business: Intel Corporation (INTC) To Hire Top Brain from QUALCOMM, Inc. (QCOM)
Intel Corporation (NASDAQ:INTC) has been trying to find the much-needed push the mobile chip market and in a series of attempts, the company is all set revamp its business with top executive from Qualcomm, Inc. (NASDAQ:QCOM), Amir Faintuch. Faintuch will help the company with its ailing mobile business and associated gadgets. Unlike the traditional culture…
Microsoft Corporation (MSFT) and QUALCOMM, Inc. (QCOM) Are Facing Antitrust Issues In China: Satya Nadella, Microsoft CEO, Ready to Visit China in September
Among the atmosphere of mistrust against Microsoft Corporation (NASDAQ:MSFT), the Chief Executive Officer, Satya Nadella, is all set to visit China. After banning Microsoft Windows 8 in China, China is planning to launch its own operating system in the upcoming months. Considering the large number of Microsoft Corporation’s (NASDAQ:MSFT) clients in China, it might be…
EU Regulators May Open Antitrust Case against QUALCOMM, Inc. (QCOM) based on NVIDIA Corporation (NVDA) Subsidiary’s Complaint
EU Regulators may open antitrust investigation against US-based chipmaker, QUALCOMM, Inc. (NYSE:QCOM), in relation to a 2010 complaint by Icera Inc., a British chipmaker that focuses on mobile broadband, developing wireless modems for USB sticks, laptops and smartphones; and a subsidiary of rival NVIDIA Corporation (NASDAQ:NVDA). Reuters today reported about the possibility of a probe,…