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 day at $15.79. Traded volume was 1.38million shares in the last session and the average volume of the stock remained 4.82million shares. The beta of the stock remained 1.12. Marvell Technology Group Ltd. (NASDAQ:MRVL) insider ownership is 18.50%.
Broadcom Corporation (NASDAQ:BRCM), a leading semiconductor provider for wired and wireless communications, will announce its Q1 2014 earnings on April 24. The company’s growth has slowed over the last few quarters as it faces intense competition in the connectivity domain and invests to build its baseband portfolio. Broadcom Corporation (NASDAQ:BRCM) rose 0.37 percent to $30.03 Tuesday on volume of 5.75million shares. The intra-day range of the stock was $29.76 to $30.10. Broadcom Corporation (NASDAQ:BRCM) has a market capitalization of $19.07billion.
VMware Inc. (NYSE:VMW), the biggest maker of software that lets computers run different operating systems, said first-quarter sales rose 14 percent as more customers renewed contracts on demand for newer products. VMware, Inc. (NYSE:VMW)’s stock on Apr 22, 2014 reported a increase of 0.30% to the closing price of $105.15. Its fifty two weeks range is $64.86 -$112.89. The total market capitalization recorded $45.25billion. The overall volume in the last trading session was 3.94million shares. In its share capital, VMW has 430.88million outstanding shares.
AT&T Inc. (NYSE:T) named Amdocs Limited DOX and Juniper Networks, Inc. JNPR as two additional vendors that will help AT&T Inc. (NYSE:T) toward the vision of the User-Defined Network Cloud . On Tuesday, shares of AT&T Inc. (NYSE:T) advanced 0.64% to close the day at $36.29. Company return on investment (ROI) is 12.80% and its monthly performance is recorded as 7.18%. AT&T Inc. (NYSE:T) quarterly revenue growth is 9.54%.