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Stock Market & Financial Investment News

News Breaks
January 15, 2013
12:17 EDTMLNX, INTCMellanox advances after UBS ups rating to Buy
Israel's Mellanox (MLNX), which develops chips that enable data transmission among different devices, is climbing after UBS analyst Steven Milunovich upgraded the stock to Buy from Neutral. The stock's risk/reward ratio is compelling, as the shares are unlikely to drop by a large amount, the analyst said earlier today in a note to investors. Mellanox's InfiniBand switch is moving into new markets, and should gain market share in the storage space, he wrote. Intel (INTC) is likely to enter Mellanox's market in 2014 or 2015, but that risk is already reflected in Mellanox's stock price, according to Milunovich, who raised his price target on the shares to $65 from $56. In early afternoon trading, Mellanox climbed $1.80, or 3.56%, to $52.31.
News For MLNX;INTC From The Last 14 Days
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May 23, 2013
10:17 EDTINTCNokia Siemens Networks, Intel sign collaboration MoU
Nokia Siemens Networks (NOK, SI) and Intel (INTC) announced they signed a Memorandum of Understanding to collaborate around the development of Liquid Applications, an approach to accelerate the delivery of media-rich services and content directly from the base station. The intent of the collaboration is to accelerate development of an enhanced mobile broadband experience that gives operators new revenue and differentiation opportunities. Nokia Siemens Networks and Intel will collaborate in the creation of a mobile edge computing ecosystem, focusing on over-the-top content providers, independent software vendors and application service providers. The parties will also explore new business models between mobile operators and other ecosystem players, they said.
May 22, 2013
09:10 EDTINTCIntel management to meet with Deutsche Bank
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07:24 EDTINTCNetEvents International to host a summit
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07:21 EDTINTCMIT Sloan Alumni Club of Boston to hold a symposium
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May 21, 2013
13:08 EDTINTCIntel CEO creates 'new devices' group, Reuters reports
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May 20, 2013
08:10 EDTINTCIntel management to meet with Deutsche Bank
Meeting to be held in Stockholm on May 20 hosted by Deutsche Bank.
07:32 EDTINTCSociety for Information Display / IHS to host a conference
Display Week 2013 is being held in Vancouver, British Columbia on May 19-24.
07:32 EDTINTCSociety for Information Display / IHS to host a conference
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May 19, 2013
18:59 EDTINTCCisco looks the best out of tech comeback stocks, Barron's says
Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link
May 16, 2013
13:40 EDTINTCIntel CFO Smith says staying with the company, CNBC reports
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05:59 EDTINTCHigh tech firms involved in immigration battle, WSJ reports
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May 15, 2013
16:15 EDTMLNXMellanox acquires Kotura for $82M cash
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May 13, 2013
10:09 EDTMLNXOn The Fly: Analyst Downgrade Summary
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07:30 EDTINTCTechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.
06:21 EDTMLNXMellanox downgraded to Equal Weight from Overweight at Barclays
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