Marvell Technology Group Ltd. Announces Chief Financial Officer Transition
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Brean Capital Maintains Buy on Marvell Technology (MRVL) Following Q1
May 22, 2015 7:41 AM EDTBrean Capital maintains a Buy rating and $16 price target on Marvell (NASDAQ: MRVL) following April's quarter results. Analyst Mike Burton said that MRVL reported a 16% sequential decline in revenue, MRVL's 4th consecutive miss.
"Marvell reported April quarter results in line with their negative pre-announcement (off... More
Marvell (MRVL) PT, Estimates Cut at Susquehanna Post Q1, Cautious Outlook
May 22, 2015 6:46 AM EDTSusquehanna analyst Chris Caso lowered his price target on Marvell (NASDAQ: MRVL) to $18.00 (from $20.00) following results and cautious guidance after the close but maintained a Positive rating.
Caso commented, "MRVL reported earnings last night, and guided the July quarter cautiously, about flat Q/Q, after the significant miss in April. We think there are three important elements... More
Marvell Technology (MRVL) CFO to Retire
May 21, 2015 4:29 PM EDTMarvell Technology Group Ltd. (NASDAQ: MRVL), a global leader in integrated silicon solutions, today announced that after sixteen years with Marvell, Mike Rashkin has expressed his intention to retire as chief financial officer, a role that he has held since December 2013. Mr. Rashkin served the Company in a variety of senior roles since 1999 and has been a key contributor to the success of the company since its formation.... More
