Daily Stocks News » MRVL

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

Warren Paige — Fri, 24 May 2013 13:09:21 +0000

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.

The Hamilton HM based Company, whose product portfolio [...]

Marvell Technology’s Shares Rally on Upbeat Q1 Outlook (MRVL)

Warren Paige — Fri, 22 Feb 2013 10:00:02 +0000

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.

The Company’s fiscal fourth-quarter results also edged past Street’s estimates.

The Santa Clara, California-based [...]

Major Movers on December 27; TM, DECK, MRVL, VVUS, KT, CHMT, AAPL, AMZN

Warren Paige — Thu, 27 Dec 2012 15:39:36 +0000

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.

TM shares are gaining in trading today after the company announced [...]