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…

Read More

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…

Read More

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…

Read More

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…

Read More