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Broadcom(BRCM Quote) rose $3.84, or 16.3%, to $27.39 after the company delivered strong sales outlook for the current quarter due to better-than-expected demand for cable set-top box and broadband modem chips.
Microsoft(MSFT Quote) added $1.20, or 4%, to $31.45 as analysts said Yahoo!'s(YHOO Quote) results were not strong enough to compel Microsoft to raise its bid for the company.
Microsoft CEO Steve Ballmer also reportedly said Thursday that his company was willing to walk away from the deal if both sides cannot agree on the price. ...
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