NXP Semiconductors (NXPI) to acquire Marvell's (MRVL) WiFi and Bluetooth Connectivity Assets for $1.76 Billion

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Go back to NXP Semiconductors (NXPI) to acquire Marvell's (MRVL) WiFi and Bluetooth Connectivity Assets for $1.76 Billion

Marvell (MRVL) PT Raised to $28 at Rosenblatt

May 31, 2019 7:07 AM EDT

Rosenblatt analyst Hans Mosesmann raised the price target on Marvell (NASDAQ: MRVL) to $28.00 (from $24.00) while maintaining a Buy rating following the company's April quarter results. For the April quarter, Marvell delivered sales of $662.5 million, above the consensus of $651.0 million. Revenue was driven by higher... More

NXP Semiconductors (NXPI) Declares $0.25 Quarterly Dividend; 1.1% Yield

May 29, 2019 5:02 PM EDT

NXP Semiconductors (NASDAQ: NXPI) declared a quarterly dividend of $0.25 per share, or $1 annualized.

The dividend will be payable on July 5, 2019, to stockholders of record on June 14, 2019, with an ex-dividend date of June 13, 2019.

The annual yield on the dividend is 1.1... More