Tag: Marvell Technology Group Ltd.

  • Stocks To Watch: Xerox Corp (NYSE:XRX), Sunedison Inc (NYSE:SUNE), Marvell Technology Group (NASDAQ:MRVL), ParkerVision (NASDAQ:PRKR), Xilinx (NASDAQ:XLNX)

    Xerox Corp (NYSE:XRX), was downgraded by equities researchers at Citigroup Inc. to a “neutral” rating in a research report issued on Tuesday. Xerox Corp (NYSE:XRX), net profit margin is 5.20% and weekly performance is 0.57%. On last trading day company shares ended up $12.38. Analysts mean target price for the company is $12.80. Xerox Corp (NYSE:XRX), distance from 50-day simple moving average (SMA50) is 1.75%.

    Stock analysts at Citigroup Inc. began coverage on shares of Sunedison Inc (NYSE:SUNE), in a report issued on Monday. The firm set a “neutral” rating on the stock. Sunedison Inc (NYSE:SUNE), advanced 2.30% in last trading session and ended the day on $23.12. SUNE, Gross Margin is 6.80% and its return on assets is -18.60%. Sunedison Inc (NYSE:SUNE), quarterly performance is 17.24%.

    Shares of Marvell Technology Group Ltd. (NASDAQ:MRVL), were the recipient of a large decline in short interest during the month of June. As of June 13th, there was short interest totalling 3,519,685 shares, a decline of 28.2% from the May 30th total of 4,904,046 shares,Stock Ratings Network reports. Currently, 0.9% of the company’s shares are short sold. Based on an average trading volume of 7,378,306 shares, the days-to-cover ratio is presently 0.5 days. Marvell Technology Group Ltd. (NASDAQ:MRVL), shares moved up 1.95% in last trading session and was closed at $14.61, while trading in range of $14.38 – 14.72. Marvell Technology Group Ltd. (NASDAQ:MRVL), year to date (YTD) performance is 2.38%.

    On June 26, 2014, ParkerVision, Inc. (NASDAQ:PRKR), a developer and marketer of semiconductor technology solutions for wireless applications, announced that on June 25, 2014, it has filed an appeal to the U.S. Court of Appeals for the Federal Circuit in the case of ParkerVision v. Qualcomm, Incorporated. The Company also announced that it has engaged the Washington, D.C. based firm of Finnegan, Henderson, Farabow, Garrett & Dunner, LLP to partner with McKool Smith to represent the Company in this appeal. ParkerVision, Inc. (NASDAQ:PRKR), ended the last trading day at $1.47. Company weekly volatility is calculated as 9.88% and price to cash ratio as 5.60. ParkerVision, Inc. (NASDAQ:PRKR), showed a negative weekly performance of 4.55%.

    On June 26, 2014, Xilinx, Inc. (NASDAQ:XLNX), announced that its Virtex® UltraScale™ device won the 2014 Electron d’Or Award for Best Programmable Logic Product. Presented by ElectroniqueS Magazine in Paris on June 18, the Virtex UltraScale VU440 device with record breaking 4.4M logic cells and advanced 3D IC technology was recognized by a panel of industry experts and editors of France’s leading electronics publication. Xilinx, Inc. (NASDAQ:XLNX), net profit margin is 26.50% and weekly performance is 2.62%. On last trading day company shares ended up $48.16. Analysts mean target price for the company is $54.78. Xilinx, Inc. (NASDAQ:XLNX), distance from 50-day simple moving average (SMA50) is 2.70%.