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Stock Market & Financial Investment News

News Breaks
February 26, 2014
08:01 EDTCAVMCavium has several positive catalysts, says Oppenheimer
After meeting with Cavium's CEO, Oppenheimer reports that the company is benefiting from LTE base station buildouts and accelerating TD-LTE infrastructure orders in China. The firm expects the company's growth to accelerate in 2H14 and it keeps an Outperform rating on the shares.
News For CAVM From The Last 14 Days
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July 31, 2014
14:14 EDTCAVMCavium shares should be bought on weakness, says Argus
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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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