Market Movers: Marvell Technology Group Ltd. (NASDAQ:MRVL), General Motors Company (NYSE:GM), Cloud Peak Energy Inc. (NYSE:CLD), Weyerhaeuser Co. (NYSE:WY), BP p.l.c. (NYSE:BP)

Semiconductor chipmaker, Marvell Technology Group Ltd. (NASDAQ:MRVL) recently authorized an additional stock repurchase program, thereby maintaining the trend of returning wealth to its shareholders from time to time, depending on market conditions. Under this program, the company is authorized to repurchase up to $250 million of its common stock. Marvell Technology Group Ltd. (NASDAQ:MRVL) belongs…

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Investors Are Watching : Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Southwest Airlines Co. (NYSE:LUV), Ashford Hospitality Prime, Inc. (NYSE:AHP), Weyerhaeuser (NYSE:WY), MITK

Petroleo Brasileiro S.A. Petrobras SA (ADR) (NYSE:PBR) announced Thursday that the Libra Consortium has signed a letter of intent with Odebrecht/Teekay (OOG-Teekay), winner of a tender process, for the charter of a FPSO-type platform (floating production, storage and offloading) designed for the extended well test campaign at the Libra area, in Santos Basin pre-salt offshore…

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