52 Week Range
As of on the NASDAQ ∙ Minimum 15 minute delay
* CMA CGM returns to profit in third quarter (Adds details, comments by CFO)
Shipping group CMA CGM plans to raise $2 billion to support its previously announced takeover of CEVA Logistics, half of which will be generated from a sale of port assets to a joint venture with China Merchants Port , it said on Monday.
CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy.
Israeli chip designer Ceva Inc missed expectations with a drop in quarterly profit on reduced handset royalty revenue but forecast improving returns from other market segments.
Israeli chip designer Ceva Inc reported on Monday a drop in quarterly profit that missed estimates due to a decrease in royalty revenue in the handset market.
* SAID ON FRIDAY REVENUE UP BY 2.8% IN CONSTANT CURRENCY TO $1.11 BILLION IN FIRST TWO MONTHS OF 2019 (SAME PERIOD IN 2018: $1.15 BILLION)
Israeli chip designer Ceva Inc on Wednesday reported a drop in fourth-quarter profit that missed estimates but the company forecast a slight increase in sales for this year.
Israeli chip designer Ceva Inc reported a drop in quarterly profit that missed estimates and a decrease in royalty revenue.
* CMA CGM says the board of CEVA Logistics is fully aligned with the offer
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