U.S. stocks yesterday pared more than half of their losses in late afternoon trade, paced by a surge in Broadcom Corp. after the company posted better-than- estimated quarterly revenue.

美国股市昨天收盘时收回当天下午部分跌幅，博通公司（Broadcom）公布第三季度财报收益好于预期。

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Broadcom Corp-a had an annual average earnings growth of 43.5% over the past 5 years.

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In February, Asustek released a high-end gaming laptop sporting an 802.11ac-ready Wi-Fi chip from Broadcom Corp.

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Almost from its inception, the federal government's options backdating case against executives of Broadcom Corp. reeked of cheap melodrama more than it gleamed with truth-seeking about corporate accounting and corporate pay.

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