FBR Capital Mkts.

FBR Capital Initiates Sterling Financial (NASDAQ: STSA) with Outperform and a $19 price target.

FBR Capital Mkts. has published its research report today on Qualcomm (NASDAQ: QCOM) following QCOM's analyst day. FBR's noted reports from the meeting include: "(1) December quarter chipset ASPs will increase sequentially, a positive; (2) the firm's FY11 QTL royalty rate should track to 3.3%, flat...