Broadcom (NASDAQ:BRCM) Breaks Through Resistance at $30.16 (potential upside 35.7%)

Uploaded by FinancialNewsOnline on Nov 28, 2011

Shares of Broadcom (NASDAQ:BRCM) opened today above their pivot of $29.84 and have already reached the first level of resistance at $30.16. Should the shares continue to rise, the resistance pivots of $30.75 and $31.66 will be of interest.

In the past 52 weeks, Broadcom share prices have been bracketed by a low of $29.51 and a high of $47.39 and are now at $30.21, 2% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.7%.

Broadcom (NASDAQ:BRCM) has potential upside of 35.7% based on a current price of $30.21 and analysts' consensus price target of $40.99.

Europe - President Barack Obama pledges support for EU leaders Herman Van Rompuy & Jose Manual Barroso

Uploaded by telegraphtv on Nov 28, 2011

At a meeting with European Council President Herman Van Rompuy and European
Commission President Jose Manual Barroso, the US President said that the
resolution of the eurozone debt crisis was "of huge importance"
for the US economy.

Ukraine - Man's death fuels violent protest in Donetsk / Україна - смерть людини палива бурхливий протест в Донецьку

Published on Nov 28, 2011 by Euronews

http://www.euronews.net/ Anger over economic hardship in Ukraine has erupted into violence again. Around 100 people tried to storm a local administration building in the city of Donetsk in protest over investments lost in the financial crisis. However, their actions were also said to be sparked by a police raid on a Chernobyl veterans camp after which a man died.

A security guard at the administration building was injured as he tried to hold the crowd back.

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Гнів через економічні труднощі в Україну переріс у насильство знову. Близько 100 осіб спробували взяти штурмом будівлю місцевої адміністрації у місті Донецьку на знак протесту проти інвестицій втратили у фінансовій кризі. Тим не менше, їх дії були також говорять, що викликаний поліцейський наліт на табір Чорнобильської ветеранів, після чого чоловік помер.

Охоронець будівлі адміністрації був поранений, коли він намагався провести натовп.

KKR (NYSE:KKR) Confirms Agreement to Acquire Capital Safety for $1.12 Billion (potential upside 39.4%)

Uploaded by FinancialNewsOnline on Nov 28, 2011

KKR (NYSE:KKR) announced the signing of a definitive agreement to acquire Capital Safety, a leading provider of fall protection equipment, from Arle Capital Partners, for $1.12 billion.

The closing transaction, expected to be in January, is subject to customary closing conditions, including regulatory approval.

KKR & Co (NYSE:KKR) has potential upside of 39.4% based on a current price of $11.93 and an average consensus analyst price target of $16.63.

KKR & Co is currently below its 50-day moving average (MA) of $12.04 and below its 200-day MA of $14.73.

USA - Three asset managers from Connecticut's affluent New York suburbs claimed a $254 million Powerball jackpot

From: AssociatedPress  | Nov 28, 2011

Three asset managers from Connecticut's affluent New York suburbs claimed a $254 million Powerball jackpot on Monday off a $1 ticket. They appeared with their lawyer at a news conference and didn't say much. (Nov. 28)

Kosovo - Two NATO troops injured in border clashes

Published on Nov 28, 2011 by Euronews

http://www.euronews.net/ Kosovar Serbs shot and wounded two NATO peacekeepers in clashes in northern Kosovo, the military alliance said on Monday.

A spokesman for KFOR, NATO's peacekeeping force, said protesters used small firearms when troops tried to seize control of a roadblock near Jagnjenica.

An estimated 60,000 Serbs living in northern Kosovo do not recognise its independence or its efforts to control the border with Serbia.

Amy Winehouse's 'Back to Black' dress to be auctioned alongside dresses worn by Audrey Hepburn and Elizabeth Taylor.

Uploaded by telegraphtv on Nov 28, 2011

A dress worn by the late Amy Winehouse on the album cover of "Back to Black" goes under the hammer - alongside dresses worn by Audrey Hepburn and Elizabeth Taylor.

France - jobless rate on the rise

Published on Nov 28, 2011 by Euronews

http://www.euronews.net/ The number of people out of work in France hit its highest level in nearly 12 years in October.

Government figures showed the number of jobseekers went up by 34,000 to 2.81 million - that is up nearly 5 per cent year on year.

France has not seen unemployment levels like that since December 1999. It could prove a headache for President Nicholas Sarkozy, who is trailing in the polls and faces an election in five months.