QUALCOMM (NASDAQ: QCOM) dipped 6.3% to $76.43 after the company issued downbeat earnings forecast for the current quarter. The company reported a 42% rise in its fiscal third-quarter net income. Evercore Partners downgraded QUALCOMM from overweight to equal-weight and lowered the price target from $88.00 to $83.00. Share volume was 21.9 million, compared to an all-day average of 7.7 million
