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Marvell Technology Provides Upbeat Q2 Guidance, Shares Rally (MRVL)

Marvell Technology Group Ltd. (NASDAQ: MRVL) reported late on Thursday that its fiscal first-quarter earnings slumped 44% as higher operating costs and lower revenue weighed on the bottom line; however, shares rallied about 5.20% in aftermarket hours as adjusted earnings and revenue topped Wall Street’s expectations.

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May 24th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Marvell Technology’s Shares Rally on Upbeat Q1 Outlook (MRVL)

Shares of Marvell Technology Group Ltd. (NASDAQ: MRVL) leaped almost 5.50% in afterhours trading on Thursday after the chip maker provided upbeat outlook on the current quarter, thanks to its growing traction in hard disk drive and flash storage business.

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February 22nd, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment
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Major Movers on December 27; TM, DECK, MRVL, VVUS, KT, CHMT, AAPL, AMZN

Shares of Toyota Motor Corporation (ADR) (NYSE: TM), the Japanese automaker, have edged higher in early trading today. At last check, TM shares were trading 1.49% higher at $91.71 on volume of 51,081. The stock hit an intra-day high of $92.17 earlier today.

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December 27th, 2012 | Tags: , , , , , , , | Category: Large Cap Growth Stocks | Leave a comment

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