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News Breaks
December 26, 2012
18:49 EDTMRVL, DIOD, BCDSOn The Fly: After Hours Movers
HIGHER: BCD Semiconductor (BCDS), up 48% after agreeing to be purchased by Diodes (DIOD) for $8.00 per share... LOWER: Marvell Technologies (MRVL), down 2% after a Wall Street Journal report said the company was ordered by a jury to pay $1.17B to Carnegie Mellon in a patent suit.
News For BCDS;DIOD;MRVL From The Last 14 Days
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December 12, 2014
08:31 EDTMRVLMarvell increases share repurchase authorization by $250M
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December 10, 2014
16:32 EDTDIODDiodes narrows Q4 revenue view to $220M-$228M from $217M-$231M
Q4 consensus $224.46M. Diodes is maintaining its guidance for gross profit margin to be 31.6%, plus or minus 2%, operating expenses to be approximately 22.2% of revenue, plus or minus 1%, income tax rate to be 25%, plus or minus 3%, and shares used to calculate GAAP earnings per share to be approximately 49M.
08:04 EDTMRVLBroadcom price target raised to $52 from $48 at Oppenheimer
Oppenheimer raised its price target on Broadcom as the firm believes that the tone at the company's Analyst Day was positive. The firm thinks the company's networking unit looks poised for further share gains at Marvell's (MRVL) expense. Oppenheimer continues to recommend buying the stock.

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