Tag: Broadcom Corp

  • Notable Stocks: SanDisk Corporation (NASDAQ:SNDK), Marvell Technology Group (NASDAQ:MRVL), Broadcom Corporation (NASDAQ:BRCM), United Online (NASDAQ:UNTD)

    SanDisk Corporation (NASDAQ:SNDK), a leader in flash storage solutions, today announced the SanDisk Corporation (NASDAQ:SNDK) Extreme PRO SDHC/SDXC UHS-II card. The company claims that it is the world’s fastest SD memory card, and is based on the latest high performance SD specification. SanDisk Corporation (NASDAQ:SNDK) shares after opening at $83.10 moved to $85.37 on last trade day and at the end of the day closed at $80.95. Company price to sales ratio in past twelve months was calculated as 2.96 and price to cash ratio as 6.28. SanDisk Corporation (NASDAQ:SNDK) showed a positive weekly performance of 0.42%.

    Research analysts at UBS AG upped their price target on shares of Marvell Technology Group Ltd (NASDAQ:MRVL) from $14.00 to $17.00 in a report released on Wednesday, American Banking and Market Newsreports. The firm currently has a “neutral” rating on the stock. UBS AG’s price target would suggest a potential upside of 7.05% from the stock’s previous close. Marvell Technology Group Ltd. (NASDAQ:MRVL) shares advanced 0.38% in last trading session and ended the day on $15.94. Marvell Technology Group Ltd. (NASDAQ:MRVL) return on equity ratio is recorded as 7.10% and its return on assets is 6.00%. Marvell Technology Group Ltd. NASDAQ:MRVL) yearly performance is 57.98%.

    Broadcom Corporation (NASDAQ:BRCM) EVP Robert A. Rango unloaded 14,061 shares of the stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $31.41, for a total transaction of $441,656.01. Analysts at Piper Jaffray downgraded shares of Broadcom Corporation (NASDAQ:BRCM) from an “overweight” rating to a “neutral” rating in a research note on Wednesday. Broadcom Corporation (NASDAQ:BRCM) shares moved down -1.70% in last trading session and was closed at $30.68, while trading in range of $30.50 – $31.40. Broadcom Corporation (NASDAQ:BRCM) year to date (YTD) performance is 3.89%.

    On March 28, 2014, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of United Online, Inc. (NASDAQ:UNTD) adopted the United Online, Inc. (NASDAQ:UNTD) 2014 Management Bonus Plan (the “Bonus Plan”). The description set forth below relates to Francis Lobo, our President and Chief Executive Officer, and our named executive officers Robert J. Taragan and Harold A. Zeitz. United Online, Inc. (NASDAQ:UNTD) weekly performance is -3.36%. On last trading day company shares ended up $11.23. United Online, Inc. (NASDAQ:UNTD) distance from 50-day simple moving average (SMA50) is -0.51%. Analysts mean target price for the company is $19.38.