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Stock Market & Financial Investment News

News Breaks
December 26, 2012
14:57 EDTMRVLMarvell ordered to pay $1.17B in damages to CMU, Pittsburgh Post-Gazette says
A jury found in favor of Carnegie Mellon University in its patent case with Marvell Technology (MRVL), saying that the company infringed on patents built on the work of a CMU professor and awarding $1,169,140,271 in damages to the school, according to The Pittsburgh Post-Gazette. Reference Link
News For MRVL From The Last 14 Days
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August 31, 2014
13:20 EDTMRVLCitigroup to hold a conference
Global Technology Conference to be held in New York on September 2-4.
August 24, 2014
21:56 EDTMRVLB. Riley to hold a tour
Silicon Valley Tech Tour travels throughout Silicon Valley on August 25-27.
August 22, 2014
07:59 EDTMRVLMarvell price target lowered to $17 from $19 at Brean Capital
Brean Capital lowered its price target on Marvell to $17 from $19 following Q2 results. The firm cited lowered guidance and said the stock is not expensive so maintains its Buy rating on the shares.
06:20 EDTMRVLOptions expected to be active
Options expected to be active: GME ARO CRM INTU TFM MRVL ROST BRCD
August 21, 2014
18:22 EDTMRVLOn The Fly: After Hours Movers
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16:16 EDTMRVLMarvell sees Q3 EPS 29c, plus or minus 2c, consensus 32c
Sees Q3 revenue $960M-$1B, consensus $1.01B.
16:14 EDTMRVLMarvell reports Q2 EPS 34c, consensus 28c
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15:15 EDTMRVLNotable companies reporting after market close
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August 20, 2014
15:25 EDTMRVLMarvell August 13.5 straddle priced for 4.7% move into Q2
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August 19, 2014
13:02 EDTMRVLMarvell Technology weekly volatility increases into Q2 and outlook
Marvell Technology August weekly call option implied volatility is at 74, September is at 34, November is at 30, January is at 29; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q2 results after the market close on August 21.

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