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Stock Market & Financial Investment News

News Breaks
April 1, 2014
09:15 EDTMRVL, QCOMMarvell shares attractive at current levels, says MKM Partners
After a judge reduced the compensation that Marvell (MRVL) must pay to Carnegie Mellon to about 25% of the amount awarded by a jury, MKM Partners thinks the ruling removes a major overhang on Marvell's stock. The firm believes that concerns about the competition that Marvell faces from Qualcomm (QCOM) and Mediatek in China 4G is overdone, while the firm expects Marvell's full year revenue to surpass the consensus outlook. The firm keeps a Buy rating on the shares.
News For MRVL;QCOM From The Last 14 Days
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December 19, 2014
06:12 EDTQCOMStocks with implied volatility below IV index mean; QCOM ORCL
Stocks with implied volatility below IV index mean; Qualcomm (QCOM) 20, Oracle (ORCL) 19 according to iVolatility.
December 18, 2014
16:42 EDTQCOMPTAB issues mixed decision on IPR petitions for three ParkerVision patents
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December 16, 2014
06:02 EDTQCOMStocks with implied volatility below IV index mean; QCOM CBST
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December 12, 2014
08:31 EDTMRVLMarvell increases share repurchase authorization by $250M
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06:32 EDTQCOMQualcomm commits to invest $40M into Chinese companies
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December 11, 2014
06:32 EDTQCOMGlobalfoundries hope to win orders from Qualcomm and Apple, DigiTimes reports
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06:06 EDTQCOMQualcomm cutting 600 jobs worldwide, CNet reports
A Qualcomm spokesperson has confirmed that the company is planning to cut 600 jobs globally, with around half the cuts coming in California, CNet reports. The spokesperson notes that the layoffs are not related to ongoing investigations in the U.S., China and the EU, commenting that the layoffs are "focused on specific projects and programs and reflects current business priorities." Reference Link
December 10, 2014
08:04 EDTMRVLBroadcom price target raised to $52 from $48 at Oppenheimer
Oppenheimer raised its price target on Broadcom as the firm believes that the tone at the company's Analyst Day was positive. The firm thinks the company's networking unit looks poised for further share gains at Marvell's (MRVL) expense. Oppenheimer continues to recommend buying the stock.
December 8, 2014
07:31 EDTQCOMQualcomm announces collabration with vitaphone e-health solutions
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