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Marvell Technology Group Ltd (MRVL.OQ)

MRVL.OQ on NASDAQ Stock Exchange Global Select Market

14.90USD
21 Apr 2017
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Thu, Mar 2 2017

BRIEF-Marvell Technology Group Ltd Q4 non-GAAP earnings per share $0.22 from continuing operations

* Marvell Technology Group Ltd. reports fourth quarter and fiscal year 2017 financial results

BRIEF-Marvell names Gary Ignatin as senior vice president of corporate development

* Says most recently, Gary spent 16 years at Broadcom Corporation

BRIEF-Maxlinear Inc to acquire Marvell's G.HN business

* Maxlinear Inc sees Q1 GAAP gross margin to be approximately 59 percent of revenue, and non-GAAP gross margin to be approximately 62 percent of revenue

Marvell to buy back $1 billion of shares

Marvell Technology Group Ltd reported a better-than-expected quarterly profit and said it would buy back $1 billion of shares.

Marvell to buy back $1 bln of shares

Nov 17 Marvell Technology Group Ltd reported a better-than-expected quarterly profit and said it would buy back $1 billion of shares.

BRIEF-Marvell Technology Q3 adjusted earnings per share $0.20

* Marvell Technology Group - revenue is expected to be $565 million plus or minus 2%, excluding discontinued operations and reflecting normal seasonality for Q4

BRIEF-Marvell Technology Group announces $1 billion share repurchase plan

* Company currently intends to repurchase approximately $500 million worth of shares over next 12 months

BRIEF-Marvell Technology announces restructuring actions

* Announces restructuring actions to drive growth and improve profitability

Marvell Technology to cut 900 jobs, sell assets

Marvell Technology Group Ltd said it plans to cut about 900 jobs globally and sell non-core assets in a bid to lower costs by as much as $190 million annually.

Marvell Technology to cut 900 jobs, sell assets

Nov 2 Marvell Technology Group Ltd said it plans to cut about 900 jobs globally and sell non-core assets in a bid to lower costs by as much as $190 million annually.

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