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.