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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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March 23, 2015
08:30 EDTEZCHEZchip announces authorization of share repurchase plan
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March 20, 2015
07:24 EDTMLNXBroadcom chip renews competition with in-house hardware makers, WSJ says
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