During and following its most recent earnings report, Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) talked up a fairly big game with respect to both its semiconductor technology and its superiority as a contract chip manufacturer. Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) stock opened at $17.72 in last session, and closed at $17.57, while the day range of stock is $17.51 – $17.77. The stock showed a negative weekly performance of -3.20%.
SunEdison Inc (NYSE:SUNE) call volume has jumped to nearly three times the expected intraday pace, and the stock’s April 16 strike is in focus. More than 13,500 contracts have changed hands here — mostly at the ask price, and IV has soared 6.1 percentage points, hinting at the initiation of new bullish positions. With SUNE lingering near $13.88, delta for the call is docked at 0.39, or 39%, suggesting a roughly 2-in-5 chance of an in-the-money finish. Sunedison Inc (NYSE:SUNE) stock opened at $14.01, in last session and closed at $13.81, by losing -3.76%. The 52 week range of the stock is $3.77 – $15.22. Company’s market capitalization is $3.68 billion.
Broadcom Corporation (NASDAQ: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, announced that Teracom, a provider of terrestrial network operations in Sweden and Denmark, has selected Broadcom silicon to demonstrate 4K Ultra HD and DVB-T2 broadcast capabilities with Boxer TV at its TV-Puls event on January 23, 2014 Visit www.broadcom.comto learn more. Broadcom Corporation (NASDAQ:BRCM) stock decreased -1.28% and finished the last session at $29.39. The EPS of the stock remained 0.87. Company’s market capitalization is $18.16 billion.
Zacks cut shares of Marvell Technology Group (NASDAQ:MRVL) from an outperform rating to a neutral rating in a research report sent to investors on Thursday morning, AnalystRatingsNetwork.com reports. The firm currently has $17.10 price target on the stock. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock opened the session at $ 15.05, and closed the session at $14.76. The 52 week range of the stock remained $9.04 – $15.82 and the day range was $14.76 – $15.10.