Companies to Watch: Qualcomm under pressure, Apple may get hit big, blame pointed at Boeing

Here are the companies Yahoo Finance is watching today.

Major trouble for Qualcomm (QCOM). A Federal judge says the chipmaker violated antitrust rules, blocked the competition and charged excessive licensing fees. The judge ordered Qualcomm to renegotiate its licensing deals. Qualcomm says it strongly disagrees with the ruling and will appeal.

China is weighing on Apple (AAPL). Goldman Sachs says Apple's earnings could slide 29% if China retaliates on the tech giant and bans the iPhone and other products. It's not clear if China is weighing any such ban, but Goldman has now lowered its price target for Apple to $178 a share.

Speaking of China, one of the country's biggest carriers wants Boeing (BA) to pay up for those grounded 737 Max jets. Air China is asking for compensation as Boeing works on a software fix for the 15 Max jets already in the airline's fleet. They also want money for the delayed delivery of additional jets.

Avon (AVP) is closing in on its sale to Brazil's Natura Cosmeticos. The boards of both companies have approved the deal and it's expected to be announced next week. The deal would end the independence of the iconic 20th century business.

Beyond Meat (BYND) is taking a hit. The company's stock continues to decline, but there hasn't been any company-specific news out. The business boasts a market cap of about $4.4 billion, but there's no denying that a lot of growth is being priced into shares right now.