Wall Street climbs, S&P 500 posts best week since July
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Marvell's (MRVL) Announcement Described One of Most 'Cryptic' in 20yrs - Cowen
September 11, 2015 3:20 PM EDTCowen maintained an Outperform rating on Marvell (NASDAQ: MRVL) but cut its price target to $14.00 (from $16.00). Analyst Timothy Arcuri said the company's press release related to accounting issues was "one of the most cryptic releases we have seen in 20yrs on the sell... More
Wolfe Research Remains Bearish on Zumiez, Inc. (ZUMZ) Following 2Q15 Results
September 11, 2015 2:09 PM EDTWolfe Research maintained an Underperform rating on Zumiez, Inc. (NASDAQ: ZUMZ), and cuts price target on price target to $16.00 (from $21.00), following the company's 2Q15 earnings results. ZUMZ reported EPS of $0.12, slightly above the Consensus of $0.11. 3Q trends are well off plan, leading to lowered... More
RBC Capital Cuts Price Target on Marvell Technology (MRVL) to $9 Following 1Q16 Preliminary Results
September 11, 2015 10:51 AM EDTRBC Capital maintained a Sector Perform rating on Marvell (NASDAQ: MRVL), and cut the price target to $9.00 (from $13.00), following announced preliminary financial results for 1Q16. Analyst Mitch Steves said that the results suggests incremental softness from a demand perspective.
Steves commented,... More
Needham & Company Downgrades Marvell (MRVL) to Hold
September 11, 2015 9:06 AM EDTNeedham & Company downgraded Marvell (NASDAQ: MRVL) from Buy to Hold amid the audit committee investigation.
Analyst N. Quinn Bolton commented, "When Marvell delayed the release of its F2Q16 results three weeks ago, we were hopeful the delay was a sign the... More
