Qualcomm (QCOM) was covered in a Bloomberg Video Report today and the stock is now at $53.38, down $0.59 (-1.1%) on volume of 1,777,179 shares traded. To see the video report go to http://www.marketintelligencecenter.com/VideoNews . Over the last 52 weeks the stock has ranged from a low of $35.17 to a high of $56.88. Qualcomm stock has been showing support around $53.48 and resistance in the $54.74 range. Technical indicators for the stock are neutral and S&P gives QCOM a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on QCOM the stock seems like it could be a candidate for a January out-of-the-money bear-call credit spread above the 65 range.

Qualcomm Incorporated (Nasdaq: QCOM), today announced that the District Court for the Central District of California issued a ruling on Broadcom's motion to find Qualcomm in contempt of various aspects of the Court's December 31, 2007 injunction ruling arising from the underlying trial last May.

HUA HIN: Global mobile broadband connections in the first quarter of this year rose by 850 percent from the same period last year, according to Herns Pierre-Jerome, director for wireless broadband technologies of Qualcomm.

Verigy (NASDAQ: VRGY), a premier semiconductor test company, announced the keynote speaker and panelists for VOICE 2008, Verigy's third annual conference for its V93000 and V5000 users and partners to be held September 23 and 24, in San Jose, Calif. at the Dolce Hayes Mansion. Verigy is proud to have Bill McClean, president of IC Insights, presenting at VOICE 2008. Bill will assess the major global forces shaping the IC industry. He will address capital spending trends, the global business outlook, as well as economic and political triggers for growth and how they may impact the IC industry. He will project where the industry will be at the end of 2008, and how to prepare for 2009.

QUALCOMM Inc. (QCOM) continues to trade near a 52-week high even in the face of Monday's plunging market. The company also offers a dividend yield that is quite competitive within its industry group.

MediaFLO USA, a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM), has expanded its news coverage to include three new standalone full-time 24/7 news channels to its award-winning mobile TV service: CNBC and MSNBC from NBC Universal, and FOX News. The new channels significantly increase the amount of live breaking news and in-depth current affairs programming available to AT&T and Verizon Wireless subscribers and will launch in time for the political party convention season. MediaFLO USA's mobile TV service is available to AT&T subscribers as AT&T Mobile TV and to Verizon Wireless customers as V CAST Mobile TV.

Unica Corporation (Nasdaq: UNCA), a leading global provider of enterprise marketing management (EMM) solutions, today announced that Qualcomm, a leading developer and innovator of advanced wireless technologies and data solutions, is implementing Affinium(R) NetInsight(TM) as its web analytics solution. NetInsight empowers Qualcomm to better engage prospects and customers through their various web properties.

Qualcomm Inc. (QCOM)

Wall Street Journal All-Stars Mark Koznarek, partner/research analyst with Cleveland Research Group, and Eli Lustgarten, senior research analyst at Longbow Research, headline a powerhouse line-up of thought leaders addressing C-level decision-makers from the construction equipment industry next month at the AED/QUALCOMM Executive Forum in Chicago. Distributors, manufacturers, lenders/service providers, and investors are invited to reserve seats for the Sept. 11-12 conference at http://www.aednet.org/execforum.

Qualcomm Inc. (QCOM)

Sensing strong revenue from GSM based mobile handset business, Chinese major Haier is planning to refocus on the same and is working with software companies and US based Qualcomm to add more applications for better functionality in its cellphones.

Sensing strong revenue from GSM based mobile handset business, Chinese major Haier is planning to refocus on the same and is working with software companies and US based Qualcomm to add more applications for better functionality in its cellphones.

Fundtech, a market developer of transaction banking solutions, and mobile commerce enabler Firethorn Holdings, a Qualcomm company, announced that the two companies will work together to add mobile connectivity to Fundtech's CASHplus cash management system.

Qualcomm (NasdaqNM: QCOM) hit a new 52-Week high of $56.00 so far today. Currently the stock is up $0.32 (0.58%) to $55.70 on 18,986,288 shares traded. Today's high is up $20.53 from a 52-Week Low of $35.17. Qualcomm stock has been showing support around $54.13 and resistance in the $56.51 range. Technical indicators for the stock are neutral and S&P gives QCOM a neutral 3 STARS (out of 5) hold ranking. Shares of Qualcomm have been climbing today after an analyst said he expects healthy product sales together with robust average selling prices for the company's 3G CDMA devices. If you are looking for a hedged play on QCOM the stock seems like it could be a candidate for a September out-of-the-money bull-put credit spread below the 45 range.

Qualcomm and Shanghai HuaQin Telecom Technology have entered into a subscriber unit license agreement.

Fundtech, a provider of global transaction banking solutions, and mobile commerce enabler Firethorn Holdings, a Qualcomm company, have announced that they will work together to add mobile connectivity to Fundtech's CASHplus cash management system.

Qualcomm, a developer of advanced wireless technologies and data solutions, has announced its support for the Ecall public safety initiative.

Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, today announced its support for the eCall public safety initiative. eCall is a European Commission project designed to improve transportation safety by providing rapid assistance to motorists involved in a collision anywhere in the European Union. A collision activates on-vehicle sensors causing an emergency voice call (E112) to be established via the cellular network to local emergency agencies via the Public-Safety Answering Point (PSAP). In addition to enabling two-way speech communication between the motorist and the PSAP operator, eCall employs an in-band voice-channel modem to transmit position location, airbag deployment, Vehicle Identification Number and other relevant information over the cellular network to the PSAP operator. The in-band voice-channel modem enables use of existing cellular networks to support quick deployment of an end-to-end eCall solution in vehicles and PSAPs.

Medsphere(R) Systems Corporation, the leading provider of Open Source healthcare IT solutions, today announced the transition of corporate headquarters from Orange County to north San Diego County. The move is necessitated by two primary factors: recent development and persistent demand for Medsphere OpenVista(R), the company's cost-effective Open Source electronic health record (EHR) solution and rapid expansion of a collaborative Open Source community -- the Healthcare Open Source Ecosystem -- oriented around OpenVista and focused on enhancing quality of care and increasing clinical and operational efficiencies. Medsphere's new corporate headquarters are located at 1917 Palomar Oaks Way, Carlsbad, California 92008.

ESPN and MediaFLO USA, a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM), will bring racing fans the thrilling speed, sounds and excitement of NASCAR live to mobile phones, August 5 - August 31. MediaFLO USA's award-winning mobile TV service is available to AT&T subscribers as AT&T Mobile TV with FLO and to Verizon Wireless customers as V CAST Mobile TV.

Qualcomm Incorporated (Nasdaq: QCOM), a leading developer and innovator of advanced wireless technologies and data solutions, and Shanghai HuaQin Telecom Technology Co. Ltd. (HuaQin), today announced that they have entered into a subscriber unit license agreement. Under the terms of the royalty bearing agreement, Qualcomm has granted HuaQin a worldwide license under its patent portfolio to develop, manufacture and sell CDMA2000(R) subscriber units and modem cards (including Printed Circuit Board (PCB) Assemblies for sale to other device suppliers). The royalties payable by HuaQin are at Qualcomm's standard rates.

Qualcomm announced that it has completed what it said was the world's first data call using High-Speed Packet Access Plus (HSPA+) network technology.

Staying connected while traveling abroad will get easier for Verizon Wireless customers who will soon benefit from the Gobi(TM) module from Qualcomm, the first global mobile wireless broadband Internet embedded solution that leading notebook manufacturers will introduce this month. This embedded Internet solution works with Verizon Wireless' GlobalAccess and BroadbandAccess services to provide streamlined global mobile broadband access on both CDMA and GSM wireless networks in over 125 destinations worldwide. This solution joins Verizon Wireless' offering of global phones, PC cards and other international services geared toward occasional and frequent global travelers.

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Shares of QUALCOMM Inc. (QCOM) are trading about 15% higher than earlier this month, when the company was previously featured. Also, as was the case when previously featured, QCOM continues to trade close to a 52-week high. Wall Street forecasts are higher now as well. Current earnings estimates of $1.95 per share for the year ending September 2008 are above last month's $1.91.