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Stock Market & Financial Investment News

News Breaks
December 26, 2012
15:25 EDTMRVLMarvell plunges on patent case judgment, levels to watch
The WSJ reported that a jury ruled the company should pay $1.17 billion in the patent case brought against the company by Carnegie Mellon University. At the current price of $7.41, next support is at $7.05, a prior pivot low. Resistance is at $7.60.
News For MRVL From The Last 14 Days
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November 21, 2014
10:19 EDTMRVLMarvell rises sharply after results, levels to watch
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07:43 EDTMRVLMarvell outlook still positive, says RBC Capital
After Marvell reported lower than expected Q3 revenue, RBC Capital says that the revenue shortfall was caused by weakness in the company's least profitable business. The firm expects the company's wireless business to rebound in 1Q15, and it expects Marvell's payment to Carnegie Mellon to be reduced. It keeps a Top Pick rating on the shares.
November 20, 2014
16:10 EDTMRVLMarvell sees Q4 EPS 24c plus or minus 2c, consensus 26c
Sees Q4 revenue $880M-$900M, consensus $930.89M.
16:09 EDTMRVLMarvell reports Q3 EPS 29c, consensus 29c
Reports Q3 revenue $930.14M, consensus $976.14M.
15:28 EDTMRVLNotable companies reporting after market close
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November 19, 2014
07:36 EDTMRVLMarvell volatility elevated into Q1 and outlook
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