California’s greenhouse-gas emitters may run short of emission offsets at the beginning of the state’s carbon market, as happened at the start of Europe’s program, according to Camco International Ltd.
Broadcom Corp., a maker of communications chips, reported sales that topped analysts’ estimates as demand for computer-networking gear boosted orders and helped it overcome struggles in the mobile phone market.
Broadcom Corp., a maker of chips that help mobile devices connect to the Internet, forecast second- quarter sales that may exceed some analysts’ estimates, lifted by increasing orders from smartphone makers.
Broadcom Corp., a maker of chips that help mobile devices connect to the Internet, predicted first-quarter sales that may fall short of some estimates, citing tepid demand for semiconductors used in phone networks.
Broadcom Corp. fell after the company forecast lower fourth-quarter revenue than analysts estimated and said it’s cutting as many as 1,150 jobs as demand slows for chips that connect mobile phones to the Internet.