|Bid||21.50 x 100|
|Ask||25.89 x 100|
|Day's Range||23.05 - 23.45|
|52 Week Range||14.58 - 25.18|
|PE Ratio (TTM)||22.68|
|Forward Dividend & Yield||0.24 (1.03%)|
|1y Target Est||N/A|
The surprising intervention of President Donald Trump into Broadcom Ltd.’s takeover attempt of Qualcomm Inc. could have a major chilling effect on any foreign deals for U.S. tech companies, and could throw ...
Here are some things going on today in your world of tech: Following U.S. President Donald Trump’s order late yesterday ordering Broadcom (AVGO) to relinquish its hostile bid for fellow chip maker Qualcomm (QCOM), Broadcom shares are up $8.73, or 3%, at $271.57, while Qualcomm shares are down $1.96, or 3%, at $60.86. NXP Semiconductors (NXPI), which Qualcomm has been in the process of acquiring for over a year, is up 21 cents at $123.83. Craig Ellis of B. Riley offers some potential M&T targets including Xilinx (XLNX) and Mellanox Technologies (MLNX). Shares of Xilinx and Mellanox are both up fractionally this morning.
Your stocks to watch are five semiconductors that have just entered buy range: Apple supplier Skyworks, Lam Research, ASML, Teradyne and Marvell Technology.
Stocks put up solid early gains Friday as the market received a boost from strong February payrolls data.
Marvell Technology (MRVL) just released its latest quarterly financial results, posting adjusted earnings of 32 cents per share and revenues of $615 million.
Marvell stock broke out of a 15-week double-bottom base with a buy point of 24.31 on Thursday, but had trouble staying above that level.
Marvell Technology Group Ltd. (NASDAQ:MRVL) reported its fourth-quarter earnings results after the bell Thursday. Marvell Technology Group announced net income of $49 million, or 10 cents per share. Adjusted earnings from continuing operations came in at $165 million for its fourth quarter, or 32 cents per share.
On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 10 cents. Earnings, adjusted for one-time gains and costs, were 32 cents per share. The results surpassed Wall Street ...
Marvell Technology Group Ltd. shares slipped in the extended session Thursday even after the chipmaker's quarterly results and outlook topped Wall Street estimates. Marvell shares declined 1.5% after hours, ...
Chip maker Marvell Technology Group (MRVL) this afternoon reported fiscal Q4 revenue and profit that topped analysts’ expectations, and beat consensus with its forecast for this quarter as well, though that didn’t prevent shares from declining slightly in late trading. Marvell is in the process of buying fellow chip maker Cavium (CAVM), and CEO Matt Murphy declared that the results "continue to demonstrate that Marvell's strategy is working and that our team is executing it very well,” adding, "We are making tremendous progress in the transformation of Marvell, and I look forward to the year ahead." Revenue in the three months ended in January rose to $615 million, yielding EPS of 32 cents, excluding some costs. The company’s gross profit margin, on a non-GAAP basis, rose to 62.3% from 57.8% a year earlier and 61.3% in the prior quarter.
Shares of chip maker Marvell Technology Group (MRVL) are up 15 cents at $23.72, after Argus Research’s Jim Kelleher this morning started the shares with a Buy rating, and a $28 price target, writing that Marvell's market opportunity is doubling as it acquires Cavium (CAVM). Marvell said in November it would buy Cavium for $6.35 billion in cash and stock. Kelleher's initiation comes just ahead of Marvell’s quarterly report tomorrow afternoon, after the closing bell.
Marvell Technology Group Ltd. (NASDAQ: MRVL ) is in a strong position to show investors top-line growth after several years of sales declines, according to Wall Street's newest bull analyst. The Analyst ...
Marvell's (MRVL) 4G LTE products and acquisition synergies will act as catalysts in Q4. Its restructuring moves will help boost cloud infrastructure and applications, driving the top and bottom lines.
Micron Technology and Applied Materials entered buy zones from double-bottom bases. Lam Research, Marvell and Monolithic Power System also are in this W-shaped pattern.
Marvell Technology Group Ltd (NASDAQ:MRVL) generated a below-average return on equity of 7.14% in the past 12 months, while its industry returned 11.80%. An investor may attribute an inferior ROERead More...
RBC Capital Markets highlighted five chip companies that might be in play if Broadcom's quest to buy Qualcomm fails.
Semiconductor stocks are not a good place for investors to "hide," regardless of the company's size or balance sheet, according to Bank of America Merrill Lynch. Nevertheless, the volatility ...