Stocks To Watch: Alcatel Lucent (NYSE:ALU), Micron Technology (NASDAQ:MU), MRV Communications (NASDAQ:MRVC), Broadcom Corporation (NASDAQ:BRCM), Marvell Technology (NASDAQ:MRVL)

Alcatel-Lucent SA (ADR) (NYSE:ALU) has announced it has initiated a litigation claiming patent infringement in Federal Court in the District of Delaware against Sophos and its subsidiary Cyberoam. Alcatel Lucent SA (ADR) (NYSE:ALU) stock performance was 1.05% in last session and finished the day at $3.86. Traded volume was 10.99million shares in the last session…

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Trader’s Alert: Broadcom Corporation (NASDAQ:BRCM), JDS Uniphase Corp (NASDAQ:JDSU), Applied Materials (NASDAQ:AMAT), Marvell Technology Group (NASDAQ:MRVL)

Nomura downgraded Broadcom Corporation (NASDAQ:BRCM) to “neutral” from “buy” and set a $30 price target. The firm noted the company is likely not seeing enough design wins in LTE to drive earnings. Separately, TheStreet Ratings team rates Broadcom Corporation (NASDAQ:BRCM) as a Hold with a ratings score of C+. Broadcom Corporation (NASDAQ:BRCM) stock performance was…

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Watch List: Marvell Technology Group Ltd. (NASDAQ:MRVL), Broadcom Corporation (NASDAQ:BRCM), VMware, Inc. (NYSE:VMW), AT&T Inc. (NYSE:T)

Marvell Technology Group Ltd (NASDAQ:MRVL) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a note issued to investors on Tuesday, Stock Ratings News reports. The firm currently has a $17.10 price objective on the stock. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock performance was -0.06% in last session and finished the…

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Semiconductor Stocks In News: Taiwan Semiconductor (NYSE:TSM), Sunedison Inc (NYSE:SUNE), Broadcom Corporation (NASDAQ:BRCM), RF Micro Devices (NASDAQ:RFMD)

LG has confirmed that it’s joining the processor race with Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM), which will manufacture chips for the South Korean phone maker. The chips will be designed by LG for LG phones and manufactured by Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) which last year struck a deal with Apple…

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Investor’s Alert: Verizon Communications (NYSE:VZ), Alcatel Lucent (NYSE:ALU), Broadcom Corporation (NASDAQ:BRCM), NVIDIA Corporation (NASDAQ:NVDA)

Verizon Communication Inc. (NYSE:VZ) currently has a good market share in the telecommunication industry after completing a 45% stake purchase of Verizon wireless, from Vodafone Group (ADR) (NASDAQ:VOD). Verizon Communications Inc. (NYSE:VZ) stock performance was 0.17% in last session and finished the day at $47.58. Traded volume was 138,000.00 shares in the last session and…

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Active Watch List – Petroleo Brasileiro Petrobras (NYSE:PBR) , Broadcom Corporation (NASDAQ:BRCM) , The Dow Chemical (NYSE:DOW) , Yingli Green Energy (NYSE:YGE)

Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Brazil’s state-controlled oil producer, rose to the highest in more than seven months after Goldman Sachs Group Inc. recommended the stock as its top energy pick in Latin America. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock performance was -0.25% in last session and finished the day at $15.84. Traded…

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