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Stock Market & Financial Investment News

News Breaks
December 18, 2012
08:32 EDTMRVLMarvell increases share repurchase program by additional $500M
Marvell announced that the board has authorized Marvell to repurchase up to an additional $500M under its share repurchase program. With this increase, the cumulative total share repurchase authorized will amount to $3B. As of the end of Marvell's third fiscal quarter of 2013 ended October 27, Marvell had made approximately $2.1B in share repurchases under the prior
News For MRVL From The Last 14 Days
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May 24, 2013
10:29 EDTMRVLMarvell slips from earlier highs, turns negative, levels to watch
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10:04 EDTMRVLOn The Fly: Analyst Downgrade Summary
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08:39 EDTMRVLMarvell price target raised to $15 from $13 at RBC Capital
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07:23 EDTMRVLMarvell price target raised to $12 friom $10 at Stifel
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06:19 EDTMRVLMarvell downgraded to Underperform from Market Perform at JMP Securities
May 23, 2013
18:54 EDTMRVLOn The Fly: After Hours Movers
UP AFTER EARNINGS: Pandora (P), up 9%... Infoblox (BLOX) up 16.8%... Marvell (MRVL), up 7.3%. DOWN AFTER EARNINGS: Sears Holding (SHLD), down 11.6%... salesforce.com (CRM), down 6.2%... Gap (GPS), down 3.2%... Aeropostale (ARO), down 3.1%. ALSO LOWER: AVEO Pharmaceuticals (AVEO), down 12.9% after disclosing that its partner Astellas will not submit an EMA marketing application for tivozanib... Titan Machinery (TITN), down 12.4% after saying it sees first quarter earnings below consensus and the company cut its full-year earnings view.
16:08 EDTMRVLMarvell sees Q2 EPS 17c-21c, consensus 18c
Sees Q2 revenue $770M-$810M, consensus $763.5M. Sees Q2 GAAP Gross Margin in range of 52.2% +/- 100 bps and non-GAAP Gross Margin in range of 52.5% +/- 100 bps.
16:07 EDTMRVLMarvell reports Q1 EPS 19c, consensus 14c
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15:24 EDTMRVLNotable companies reporting after market close
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May 17, 2013
07:08 EDTMRVLMarvell Technology volatility elevated into Q1 and revenue outlook
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May 16, 2013
09:04 EDTMRVLCisco results positive for semiconductors space, says Brean Capital
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