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Boeing's Next CEO? Meet The Four Potential Successors As Dave Calhoun Prepares To Pass The Torch Amid Airplane Maker's Security Concerns And Increased Scrutiny
Monday, July 29, 2024 - 4:11am | 618In the race to fill the top spot at Boeing (NYSE:BA), four candidates have emerged as potential successors. What Happened: Following the announcement in March that CEO Dave Calhoun will step down by year-end, experts have identified four potential successors. This decision came in the wake of the...
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Will Boeing's Outgoing CEO Dave Calhoun Retain His Board Status? Shareholders To Vote Today
Friday, May 17, 2024 - 2:31am | 736Shareholders of Boeing Co. (NYSE:BA) are set to vote on the board status of departing CEO Dave Calhoun, adding a twist to the company’s annual general meeting (AGM). What Happened: The vote will take place on Friday, during an AGM where investors are anticipated to seek clarity on the future...
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Qualcomm CEO Steve Mollenkopf To Retire: What Investors Should Know
Tuesday, January 5, 2021 - 10:25am | 366Wireless technology company Qualcomm announced a change in leadership Tuesday morning. What Happened: Steve Mollenkopf announced he is stepping down as the CEO of Qualcomm Inc (NASDAQ: QCOM). Mollenkopf has been with Qualcomm for over 26 years. He will continue to serve as a strategic advisor for a...
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Analysts Hold Out Hope For Qualcomm In 5G Future
Thursday, August 1, 2019 - 3:05pm | 589Sell-side analysts remain mostly optimistic about the long-term possibilities for QUALCOMM, Inc. (NASDAQ: QCOM) once the switch to 5G cell phone technology gets really going, despite a drop in share price, short-term headwinds from 4G sales and questions about royalties and legal issues. The...
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Qualcomm Falls After Revenue Miss, Lower Guidance
Wednesday, July 31, 2019 - 4:20pm | 313QUALCOMM, Inc. (NASDAQ: QCOM) shares fell after hours Wednesday after the company turned in sales results that were a little worse-than expected in the third quarter and lower fourth-quarter guidance. The company did have an earnings beat, reporting 80 cents per share, topping the Street estimate...
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Apple, Qualcomm In Court: What You Need To Know
Monday, April 15, 2019 - 10:55am | 454Apple Inc. (NASDAQ: AAPL)'s ongoing patent dispute with Qualcomm, Inc. (NASDAQ: QCOM) could be determined by a federal court, with opening arguments to start Tuesday in San Diego, The Wall Street Journal reported. What Happened The core of Apple's dispute with Qualcomm boils down to iPhone...
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Qualcomm Is Close To Resolving Yearlong Apple Dispute, CEO Tells Cramer
Thursday, November 29, 2018 - 11:25am | 394Qualcomm, Inc. (NASDAQ: QCOM) and Apple Inc. (NASDAQ: AAPL)'s ongoing legal battles could be coming to an end, Qualcomm CEO Steve Mollenkopf told CNBC. What Happened Apple accused Qualcomm of making irrational demands to receive a fee for each iPhone it sells, while Qualcomm alleges Apple...
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Qualcomm Rejects $130 Billion Broadcom Merger Proposal
Monday, November 13, 2017 - 10:18am | 327QUALCOMM, Inc. (NASDAQ: QCOM) announced Monday that its board of directors unanimously rejected Broadcom Ltd (NASDAQ: AVGO)’s unsolicited acquisition offer. "It is the Board's unanimous belief that Broadcom's proposal significantly undervalues Qualcomm relative to the Company...
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Qualcomm's CEO Acknowledges Business Model Is 'Easy To Attack'
Monday, July 31, 2017 - 4:25pm | 522QUALCOMM, Inc. (NASDAQ: QCOM)'s dispute with Apple Inc. (NASDAQ: AAPL) boils down to one fact: Qualcomm's business model is so "unique" to the point where it is "easy to attack," the company's CEO Steve Mollenkopf explained during an interview with CNBC's David Faber. Qualcomm's business consists...
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Apple Chooses Intel Over Qualcomm As Main Component Supplier
Friday, June 10, 2016 - 11:47am | 300Shares of QUALCOMM, Inc. (NASDAQ: QCOM) were trading lower by nearly 2 percent on Friday after Bloomberg reported Apple Inc. (NASDAQ: AAPL) will now use Intel Corporation (NASDAQ: INTC)'s modem chips for a future iPhone. Intel's contract win implies it will mostly replace Qualcomm as...
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Qualcomm Reports Q1 Results, Sees 19% YoY Revenue Increase
Wednesday, January 27, 2016 - 7:08pm | 183Qualcomm, Inc. (NASDAQ: QCOM) reported first-quarter earnings for 2016 after Wednesday's market close. The company showed nearly 20 percent revenue growth since last year, increasing to $5.8 billion. Diluted EPS fell from $1.17 in Q1 2015 to the latest figure of $0.99. Analyst consensus...
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QUALCOMM CEO On Competition With Intel, Leveraging The Power Of Mobile
Tuesday, January 6, 2015 - 5:07pm | 355While 2014 has been a great year for the stock of Intel Corporation (NASDAQ: INTC), the same cannot be said for its biggest competitor QUALCOMM, Inc. (NASDAQ: QCOM). QUALCOMM CEO Steve Mollenkopf was on CNBC to discuss ‘Internet Of Everything’ and competition with Intel. "Our...
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QUALCOMM Trades Down After Q2 Earnings
Thursday, April 24, 2014 - 6:59am | 167On Wednesday, April 23, 2014, Qualcomm (NASDAQ: QCOM) announced its second quarter earnings. Shares of the company are down 4.40 percent or $3.55 per share in after-hours trading to $77.16 after the company missed revenue expectations. The technology giant reported second quarter revenue of $6...
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Market Wrap For December 13: Major Indices Finish The Day Flat
Friday, December 13, 2013 - 5:45pm | 2270Major indices were looking for a rebound after a four day skid which included multiple triple digit point losses for the Dow. Futures pointed to a higher opening as investors found reason to be positive in the House's passing of the budget agreement last night. The markets were unable to hold on...