BUT, here's a subsequent Reuters release issued 29 minutes after the one Mindy and I posted. (10:49 and 11:18)
By the time the second one--saying Q was 'way down--was issued, the share price had skyrocketed. Well, Reutersseems often to omit or add things that drastically offend the truth.
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NEW YORK, Oct 10 (Reuters) - U.S. stocks were little changed on Tuesday as oil prices slipped, while some investors were cautious before aluminum producer Alcoa Inc. (AA.N: Quote, Profile, Research), the first Dow component to report earnings, posts its results after the market closes.
Qualcomm Inc. (QCOM.O: Quote, Profile, Research) was the largest drag on the Nasdaq after the U.S. International Trade Commission found the handset chip maker had infringed on some of rival Broadcom Corp.'s (BRCM.O: Quote, Profile, Research) patents.
Qualcomm fell 1.8 percent to $35.56 on the Nasdaq and Broadcom fell 0.2 percent to $29.55.