, 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.
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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