Texas Instruments Incorporated (NASDAQ:TXN), issued an update on its second quarter earnings guidance on Wednesday morning. The company provided EPS guidance of $0.55-0.63 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.57, StockRatingsNetwork reports. The company issued revenue guidance of $3.14-3.40 billion, compared to the consensus revenue estimate of $3.15 billion. Texas Instruments Incorporated (NASDAQ:TXN), shares after opening at $46.55 moved to $47.00 on last trade day and at the end of the day closed at $46.46. Company price to sales ratio in past twelve months was calculated as 4.12 and price to cash ratio as 13.13. Texas Instruments Incorporated (NASDAQ:TXN), showed a positive weekly performance of 1.42%.
In March 2014 Marvell Technology Group Ltd. (NASDAQ:MRVL), lost a $1.54 billion lawsuit alleging it infringed a patent owned by Carnegie Mellon University. The plaintiff claims that the defendants allegedly willfully harmed Marvell Technology Group Ltd. by refusing to license the patent from Carnegie Mellon University and that the company’s leadership knew they were infringing Carnegie Mellon University’s patent which cost Marvell Technology Group Ltd billions in damages and at least $300 million in litigation costs. Marvell Technology Group Ltd. (NASDAQ:MRVL), shares advanced 0.13% in last trading session and ended the day on $15.81. 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 57.78%.
ISI Group started coverage on shares of NVIDIA Corporation (NASDAQ:NVDA), in a research note issued on Thursday,TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $19.00 price target on the stock. ISI Group’s price target points to a potential upside of 4.86% from the company’s current price. NVIDIA Corporation (NASDAQ:NVDA), shares moved up 1.17% in last trading session and was closed at $19.09, while trading in range of $ 18.87 – 19.14. NVIDIA Corporation (NASDAQ:NVDA), year to date (YTD) performance is 19.69.%.
Alcatel Lucent SA (ADR) (NYSE:ALU), saw a large decline in short interest during the month of January. As of March 14th, there was short interest totalling 10,007,096 shares, a decline of 16.3% from the February 28th total of 11,951,001 shares, American Banking News reports. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily volume of 6,894,811 shares, the short-interest ratio is presently 1.5 days. Alcatel Lucent SA (ADR) (NYSE:ALU), weekly performance is 12.01%. On last trading day company shares ended up $4.01. Alcatel Lucent SA (ADR) (NYSE:ALU), distance from 50-day simple moving average (SMA50) is -0.37%. Analysts mean target Price for the company is $5.14.
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