Morning Buzz: Cirrus Logic (NASDAQ:CRUS), Marketo Inc (NASDAQ:MKTO), Synaptics, Incorporated (NASDAQ:SYNA), ViaSat, Inc. (NASDAQ:VSAT)

Cirrus Logic (NASDAQ:CRUS) announced its earnings results on Thursday. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.09. Cirrus Logic, Inc. (NASDAQ:CRUS) stock opened today at $21.41 and is currently trading at $21.59. The stock showed a positive weekly performance of 10.44%.

Marketo Inc (NASDAQ:MKTO) updated its second quarter earnings guidance on Thursday morning. Marketo Inc (NASDAQ:MKTO) stock opened at $30.84, in current trading session and currently is at $28.85, by gaining 0.33%.The 52 week range of $17.20-$45.00. Company’s market capitalization is $1.16 billion.

Synaptics (NASDAQ:SYNA) was upgraded by research analysts at Needham & Company LLC from a “buy” rating to a “strong-buy” rating. Synaptics, Incorporated (NASDAQ:SYNA) stock is currently trading at $68.49.The EPS of the stock is 3.83. Company’s market capitalization is $2.43 billion.

A California district court jury on April 24 ruled that satellite builder Space Systems/Loral (SSL) infringed on the patents of its former customer, ViaSat, Inc. (NASDAQ:VSAT), and breached its contract with ViaSat, Inc. (NASDAQ:VSAT) in building high-throughput broadband satellites for ViaSat’s competitor and others and awarded $283 million in damages. ViaSat, Inc. (NASDAQ:VSAT) stock opened the session at $68.00, and now is at $67.38. The 52 week range of the VSAT stock remained $47.02-$74.78 and the day range was $66.98-$68.50.

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