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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:11 EDTCAVM, ALTR, XLNXSeveral companies to benefit from Chinese LTE acceleration, says Pacific Crest
After speaking with carriers and equipment makers, Pacific Crest believes that the deployment of China's LTE network has begun to accelerate. The firm views this development as positive for Altera (ALTR), Cavium (CAVM), and Xilinx (XLNX). It keeps Outperform ratings on Synaptics and Xilinx, and a Sector Perform rating on Altera.
News For ALTR;CAVM;XLNX From The Last 14 Days
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November 19, 2014
11:08 EDTCAVMCavium management to meet with JMP Securities
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10:29 EDTCAVMGoogle now top competitor to Apple, Jefferies says
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November 18, 2014
09:11 EDTALTRAltera management to meet with Pacific Crest
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November 17, 2014
18:32 EDTXLNXOn The Fly: After Hours Movers
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16:21 EDTXLNXXilinx announces $800M share repurchase plan
Xilinx announced that its Board of Directors has granted an authorization for the company to repurchase up to $800M of its common stock, or approximately 7% of its outstanding shares at the current stock price. Since fiscal 2010, the company has repurchased approximately 50M shares for approximately $1.6B. Timing of repurchases and exact number of shares of common stock to be purchased will depend upon prevailing market conditions and other factors.
November 14, 2014
08:01 EDTCAVMCavium price target raised to $63 from $54 at Stifel
Stifel increased its price target on Cavium after meeting with the company's CFO, as the firm thinks that the company's ARM-based server CPU, ThunderX, appears to be gaining design win traction. Stifel keeps a Buy rating on the shares.
07:32 EDTCAVMHayman Capital gives quarterly update on stakes
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