On 28 MAY Marvell Technology Group Ltd. (NASDAQ:MRVL) releases its fifth generation SATA SSD controller, Marvell 88SS1074. This controller consumes lower power, delivers higher performance and reduces storage system cost. Marvell Technology Group Ltd. (NASDAQ:MRVL) net profit margin is 9.30% and weekly performance is 0.19%. On last trading day company shares ended up $15.92. Analysts mean target price for the company is $16.82. Marvell Technology Group Ltd. (NASDAQ:MRVL) distance from 50-day simple moving average (SMA50) is 1.74%.
On 29 MAY VMware, Inc. (NYSE:VMW) reported $0.80 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.79 by $0.01. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the company posted $0.74 earnings per share. VMware’s revenue was up 14.2% compared to the same quarter last year. On average, analysts predict that VMware will post $3.52 earnings per share for the current fiscal year. VMware, Inc. (NYSE:VMW) shares advanced 0.30% in last trading session and ended the day on $96.79. VMW Gross Margin is 86.10% and its return on assets is 8.50%. VMware, Inc. (NYSE:VMW) quarterly performance is 1.19%.
On 6 MAY LSI Corp (NASDAQ:LSI) and Technologies Limited (NASDAQ:AVGO) announced Avago has completed its acquisition of LSI Corporation for $11.15 per share in an all-cash transaction valued at approximately $6.6 billion. The acquisition creates a highly diversified semiconductor market leader with approximately $5 billion in projected annual revenues.LSI Corp (NASDAQ:LSI) closed at $11.14.
Vitesse Semiconductor (NASDAQ:VTSS) introduced the latest generation of its SparX-III™ Ethernet switches – VSC7420-04,VSC7421-04 and VSC7422-04 – optimized for industrial IoT applications, including building automation, manufacturing automation, intelligent transportation, smart energy, and video surveillance/security. Vitesse Semiconductor (NASDAQ:VTSS) ended the last trading day at $3.60. Company weekly volatility is calculated as 4.12% and price to cash ratio as 4.37. Vitesse Semiconductor (NASDAQ:VTSS) showed a negative weekly performance of -0.55%.
On 29 MAY Kirin International Holding Inc (OTCMKTS:KIRI) released its financial report that ended on March 31, 2014. In the unaudited quarterly report, the company reported having incurred a net loss of $2,138,150 in 1Q2014, whereas it was $3,463,111 in the quarter that ended on March 31, 2013. So, that reflects an improvement in the company’s portfolio. Kirin International Holding Inc (OTCMKTS: KIRI) on last trading day company shares ended up $1.38.