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Company news for January 02, 2013

Zacks Equity Research

•    Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL) rose more than 5% when KKR & Co. L.P. (NYSE:KKR) announced it has a stake of 6.8% in Marvell Technology Group

•    Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) increased 9%, following an announcement by the company that it has in initiated a shareholder rights plan for a full year in response to "unusual and substantial activity" in the company’s shares

•    Shares of UniPixel Inc (NASDAQ:UNXL) declined nearly 15%, after the company said its chief operating officer, Seong “Peter” Shin has resigned, twenty-four hours after the resignation of CEO Reed Killion

•    Berkshire Hathaway Inc. (NYSE:BRK.B) will swap Phillips 66 (NYSE:PSX) shares amounting to $1.4 billion in exchange for complete ownership of Phillips 66’s pipeline services business

Read the analyst report on MRVL

Read the analyst report on KKR

Read the analyst report on HTZ

Read the analyst report on UNXL

Read the analyst report on BRK.B

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