Breaking News

Thursday Show Full Stories X To view all stories in expanded form, please subscribe. Get Free Trial Send Info
MRVL Marvell $15.49 -0.89 (-5.43%) 08:56 12/06/18 12/06 08:56 12/06/18 08:56 Recommendations	Marvell analyst commentary at Craig-Hallum » Marvell price target… Marvell price target lowered to $22 from $34 at Craig-Hallum. Craig-Hallum analyst Christian Schwab lowered his price target for Marvell to $22 from $34 as top-line growth remains challenged. The analyst believes there is significant EPS potential for Marvell following its acquisition of Cavium, but notes that the company is seeing all of its Storage customers working through excess inventory. This softness in its Storage business is expected to last multi-quarters, he contends. Schwab reiterates a Buy rating on the shares. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	06 Jan
MRVL Marvell $15.49 -0.89 (-5.43%) 07:15 12/06/18 12/06 07:15 12/06/18 07:15 Recommendations	Marvell analyst commentary at UBS » Marvell price target… Marvell price target lowered to $25 from $30 at UBS. UBS analyst Timothy Arcuri lowered his price target on Marvell to $25 from $30 following in-line Q3 results and guidance that was better than feared. The company said Networking was running better than expected, which offset declines in Storage, noted Arcuri, who maintained his Buy rating on Marvell shares. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	06 Jan

Wednesday
MRVL Marvell $15.49 -0.89 (-5.43%) , WDC Western Digital $43.05 -3.36 (-7.24%) … 06:52 12/05/18 12/05 06:52 12/05/18 06:52 Recommendations	Marvell, Western Digital, Seagate analyst commentary at Oppenheimer » Oppenheimer reiterates… Oppenheimer reiterates Outperform, $30 target on Marvell after Q3 results. Oppenheimer analyst Rick Schafer reiterates an Outperform rating with a $30 price target on Marvell Technology Group (MRVL) following last night's fiscal Q3 results. The January quarter sales miss was greater than we expected, though margin improvement and cost control kept earnings stable, Schafer tells investors in a research note. The reduced outlook was led by storage, which is unsurprising given the recent negative commentary from storage customers Western Digital (WDC), Seagate Technology (STX) and Toshiba, says the analyst. He continues to see the "strategic/accretive" acquisition of Cavium as the upside driver for the shares. MRVL Marvell $15.49 -0.89 (-5.43%) WDC Western Digital $43.05 -3.36 (-7.24%) STX Seagate $41.60 -3.16 (-7.06%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	05 Dec 05 Dec 06 Jan

Over a week ago
MRVL Marvell $15.49 -0.89 (-5.43%) , ZS Zscaler $37.20 -1.96 (-5.01%) … 19:00 12/04/18 12/04 19:00 12/04/18 19:00 Hot Stocks	Fly Intel: After Hours Movers » UP AFTER EARNINGS:… UP AFTER EARNINGS: Marvell Technology (MRVL) up 4.6%... Zscaler (ZS) up 2.0%... MongoDB (MDB) up 1.8%... Elastic (ESTC) up 0.7%. ALSO HIGHER: Inseego (INSG) up 6.2% after reaching a 5G milestone in field tests... Universal Display (OLED) up 3.5% after entering S&P MidCap 400 index... Agree Realy Corp (ADC) up 1.1% after raising dividend by 2.8%. DOWN AFTER EARNINGS: Guidewire (GWRE) down 5.5%... Ollie's Bargain (OLLI) down 5.4%... Hewlett Packard Enterprises (HPE) down 3.3%. ALSO LOWER: Sanchez Energy (SN) down 7.0% after planning to explore strategic alternatives... Trade Desk (TTD) down 2.2% after announcing resignation of COO. MRVL Marvell $15.49 -0.89 (-5.43%) ZS Zscaler $37.20 -1.96 (-5.01%) MDB MongoDB $83.98 -1.02 (-1.20%) ESTC Elastic $73.30 -9.09 (-11.03%) INSG Inseego $3.70 -0.16 (-4.15%) OLED Universal Display $91.77 -3.96 (-4.14%) ADC Agree Realty $59.56 -0.57 (-0.95%) GWRE Guidewire $89.82 -2.97 (-3.20%) OLLI Ollie's Bargain Outlet $86.75 -4.41 (-4.84%) HPE HP Enterprise $15.06 -0.44 (-2.84%) SN Sanchez Energy $0.72 -0.021 (-2.84%) TTD Trade Desk $139.95 -8.8 (-5.92%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	04 Dec 04 Dec 04 Dec 04 Dec 04 Dec 04 Dec 04 Dec 04 Dec 04 Dec 05 Dec 05 Dec 06 Dec 06 Dec 10 Dec 11 Dec 11 Dec 12 Dec 13 Dec 18 Dec 19 Dec 06 Jan 09 Jan 15 Jan 03 Mar
MRVL Marvell $15.57 -0.81 (-4.95%) 16:08 12/04/18 12/04 16:08 12/04/18 16:08 Hot Stocks	Marvell sees 'renewed revenue growth from the Cavium business' in Q4 » "In the first full… "In the first full quarter operating as a combined Marvell and Cavium team, we completed key integration milestones ahead of schedule, delivered revenue above the midpoint of our guidance, and generated strong free cash flow at 30 percent of revenue. We also expect renewed revenue growth from the Cavium business in the fourth quarter," said Matt Murphy, Marvell's President and CEO. "Looking ahead, we expect the deployment of 5G will accelerate our growth over the next several years as engagements with a growing list of Tier 1 customers continue to build momentum in this major infrastructure transition." 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	04 Dec 05 Dec 06 Jan

MRVL Marvell $15.57 -0.81 (-4.95%) 16:07 12/04/18 12/04 16:07 12/04/18 16:07 Earnings	Marvell sees Q4 adjusted EPS 30c-34c, consensus 33c » Sees Q4 revenue… Sees Q4 revenue $790M-$830M, consensus $856.29M. Sees Q4 adjusted gross margin approximately 65%. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	04 Dec 05 Dec 06 Jan
MRVL Marvell $15.61 -0.77 (-4.70%) 16:06 12/04/18 12/04 16:06 12/04/18 16:06 Hot Stocks	Breaking Hot Stocks news story on Marvell » Marvell reports Q3… Marvell reports Q3 adjusted gross margin 64.6% 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	04 Dec 05 Dec 06 Jan
MRVL Marvell $15.62 -0.76 (-4.64%) 16:05 12/04/18 12/04 16:05 12/04/18 16:05 Earnings	Marvell reports Q3 adjusted EPS 33c, consensus 32c » Reports Q3 revenue $851M,… Reports Q3 revenue $851M, consensus $844.82M. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	04 Dec 05 Dec 06 Jan
MRVL Marvell $15.79 -0.59 (-3.60%) 14:49 12/04/18 12/04 14:49 12/04/18 14:49 Options	Marvell options imply 8.7% move in share price post-earnings, above median historical move » Pre-earnings options… Pre-earnings options volume in Marvell is 1.4x normal with calls leading puts 5:2. Implied volatility suggests the market is anticipating a move near 8.7%, or $1.38, after results are released. Median move over the past eight quarters is 3.6%. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	04 Dec 05 Dec 06 Jan
INTC Intel $49.27 1.58 (3.31%) , TXN Texas Instruments $99.77 2.38 (2.44%) … 08:44 12/03/18 12/03 08:44 12/03/18 08:44 Recommendations	Intel, Texas Instruments, Microchip, Nvidia, AMD, Marvell, Qualcomm, Micron analyst commentary at UBS » Meaningful reset in… Meaningful reset in Street semiconductor growth expectations coming, says UBS. UBS analyst Timothy Arcuri believes Street growth expectations for semiconductors are too high and thinks there could be a meaningful reset in expectations coming over the next couple of months. He cites the October SIA data, which showed a decline of revenues on broad-based weakness across memory and analog MCU. Publicly traded companies in the semiconductors space include AMD (AMD), Intel (INTC), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM) and Texas Instruments (TXN). INTC Intel $49.27 1.58 (3.31%) TXN Texas Instruments $99.77 2.38 (2.44%) MCHP Microchip $75.00 0.56 (0.75%) NVDA Nvidia $163.70 6.26 (3.98%) AMD AMD $21.31 -0.12 (-0.56%) MRVL Marvell $16.10 0.03 (0.19%) QCOM Qualcomm $58.29 0.17 (0.29%) MU Micron $38.57 0.66 (1.74%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	03 Dec 03 Dec 04 Dec 04 Dec 05 Dec 06 Dec 06 Dec 10 Dec 18 Dec

On The Fly

News and insights, exclusive to thefly.com

18:59	Fly Intel: After Hours Movers»
13:35	Notable companies reporting after market close»
10:52	AMD rallies after Cowen names a best idea for 2019»
10:33	On The Fly: Top five analyst initiations»
10:33	On The Fly: Top five analyst downgrades»

View all On The Fly Stories »

Upcoming
Events (10)

	China Property/Financial Tour
	Travel & Leisure Corporate Access Day
	Holiday Beauty Bus Tour
UBX	Investor & Analyst Event on Cellular Senescence
GFSZY ...	2018 Security Investor Conference
NVDA ...	Silicon Valley Technology Bus Tour
VIVE	SUI Symposium
	ASCB/EMBO 2018 Annual Meeting
ADUS ...	Healthcare Services Investor Plane Trip
AGYS ...	Maxim Group TMT Conference 2018

View all of today’s events »

Today’s
Syndicate (1)

HCP	Spot Secondary

View this week’s syndicate »

Get Full Fly Access

Breaking market intelligence sent straight to you: Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.

Up-to-date information on important industry events: Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.

News focused on the companies in your portfolio: Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.

14 Day Free Trial