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Stock Market & Financial Investment News

News Breaks
November 14, 2012
10:25 EDTCAVMCavium moves higher after Cisco's positive results, levels to watch
The shares are up over 7% at time of writing, breaking out above the 10-day moving average, last at $32.29 and now major support. Resistance is at $33.54. Pacific Crest earlier commented that Cisco's results and guidance boded well for the company.
News For CAVM From The Last 14 Days
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July 31, 2014
06:53 EDTCAVMCavium remains a top pick following the Q2 report, says Barclays
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July 30, 2014
16:21 EDTCAVMCavium reports Q2 adjusted EPS 35c, consensus 33c
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16:18 EDTCAVMCavium to acquire Xpliant for approximately $90M in cash, stock
Cavium announced a definitive agreement to acquire Xpliant. Xpliant is a provider of high performance, high density switch silicon targeting a broad range of switching applications for the data center, cloud, service provider and enterprise markets. The total acquisition cost is projected to be approximately $90M, which includes payments to stockholders, note holders and other liabilities and costs. Cavium was an investor in Xpliant having provided $15M of funding to Xpliant through June, which is included in that total cost estimate. The remaining $75M will be comprised of approximately $40M in cash and $35M in stock.
July 29, 2014
07:55 EDTCAVMCavium shares should be bought after decline, says Oppenheimer
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