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Stock Market & Financial Investment News

News Breaks
December 20, 2012
12:01 EDTEZCH, MLNXMellanox sinks after report details profit warning concerns
Shares of Israeli semiconductor company Mellanox (MLNX) are falling after Israeli newspaper Globes reported that large investors fear that the company may issue a profit warning for the current quarter. Hedge funds and major institutional investors are also concerned that the company's fourth quarter results and its results for the first quarter of next year may miss analysts' expectations. Over the past few weeks, these large investors have sold massive amounts of the company's stock, Globes added. In late morning trading, Mellanox fell $3.90, or 6.15%, to $59.50, while EZchip (EZCH), another Israeli semiconductor company, gave back $2.04, or 5.76%, to 433.39.
News For MLNX;EZCH From The Last 14 Days
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July 28, 2015
10:15 EDTMLNXOptions with decreasing implied volatility
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July 27, 2015
10:29 EDTMLNXOptions with decreasing implied volatility
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July 24, 2015
10:34 EDTMLNXOptions with decreasing implied volatility
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July 23, 2015
10:08 EDTMLNXOptions with decreasing implied volatility
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05:30 EDTMLNXMellanox price target raised to $65 from $60 at Summit Research
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July 22, 2015
19:02 EDTMLNXOn The Fly: After Hours Movers
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16:15 EDTMLNXMellanox sees Q3 revenues $165M-$170M, consensus $163M
Sees Q3 non-GAAP gross margins of 71.5%-72.5% and an increase in non-GAAP operating expenses of 4%-6%.
16:14 EDTMLNXMellanox reports Q2 EPS 75c, consensus 62c
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