Company News for December 27, 2012

Zacks

•    Marvell Technology Group Ltd. (NASDAQ:MRVL) plunged 10.3% after the verdict in a patent infringement case went against the firm. The case was filed by Carnegie Mellon University who will  receive around $1.17 billion from Marvell

•    Shares of Zynga Inc. (NASDAQ:ZNGA) surged 2.6% following news that the online gaming site will soon be introducing its real time online money gaming platform in the United Kingdom

•    Herbalife Ltd. (NYSE:HLF) gained 5.2% on Wednesday after it announced it had hired law firm Boies, Schiller & Flexner LLP as its new strategic adviser

•    Shares of Medifast, Inc. (NYSE:MED) dropped 13.1% after it announced that its acting CFO, Edward J. Powers will resign from the company on  4th January, 2013
 

Read the analyst report on MRVL

Read the analyst report on ZNGA

Read the analyst report on HLF

Read the analyst report on MED

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