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Qualcomm says all 10 board nominees elected

Qualcomm Inc. QCOM, -3.45% said Friday that all 10 of its board nominees have been re-elected, the chipmaker said in a record of initial results. The election results practice ultimate week's ouster of Paul Jacobs from the board re-election slate after he stepped down as chairman and voiced an intent to take a look at to take the corporate non-public. Qualcomm's shareholder meeting had been behind schedule from its unique March 6 date on account of a countrywide safety probe into Broadcom Ltd.'s AVGO, -0.45% bid to take over the corporate, a bid which it in the end dropped.