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Fly News Breaks for February 18, 2016
MRVL
Feb 18, 2016 | 07:34 EDT
FBR Capital analyst Christopher Rolland says Marvell Technology's patent infringement settlement with Carnegie Mellon University is better than feared. The result is a net positive as it includes no ongoing royalty payments and concludes an almost seven-year legal battle, Rolland tells investors in a research note. He keeps a Market Perform rating on Marvell.