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Stock Market & Financial Investment News

News Breaks
January 2, 2013
05:56 EDTMRVLMarvell invests in Memoright to form strategic alliance, DigiTimes reports
Marvell (MRVL) has invested in solid-state drive maker Memoright to form a strategic alliance, reports DigiTimes. According to industry sources, the alliance will look to cmbine the SSD controller ICs and Memoright's firmware technology to provide complete SSD solutions. Reference Link
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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