Soros Fund Eyes Potential In MaxLinear (MXL)
Post# of 40
Posted On: 06/06/2015 8:49:25 PM
Shares of MaxLinear, Inc. (MXL) climbed more than 10% to touch a new 52-week high in extended-hours trading Friday after Soros Fund Management LLC, the family office of billionaire investment guru George Soros, disclosed in a regulatory filing ( SC 13G ) with the Securities and Exchange Commission (SEC) a 5.19% (2,685,939 shares) passive stake in the company.
MXL recently reported revenue of $35.4 million for the first quarter 2015, representing growth of 9% on both a year-over-year and sequential basis.
MXL is a provider of integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communication and data center, metro, and long-haul transport network applications.
More about MaxLinear, Inc. (MXL) at www.maxlinear.com.
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The price of the stock of Diageo plc (DEO) spiked up in the last hour of Friday's trading session following a media report by Bloomberg indicating that Brazilian billionaire Jorge Paulo Lemann is considering a takeover bid.
DEO is a global leader in beverage alcohol, with an outstanding collection of brands across spirits, wines and beer categories. These brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Ciroc and Ketel One vodkas, Baileys, Captain Morgan, Tanqueray and Guinness.
More about Diageo plc (DEO) at www.diageo.com.
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Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
The company is currently developing its growing network of community targeted sites CRWE PR, expected to be a one-stop shop for the various needs of consumers.
The company's division CRWE Tube ( www.crwetube.com ) is expected to be integrated in all the CRWE PR Network
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
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Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
MXL recently reported revenue of $35.4 million for the first quarter 2015, representing growth of 9% on both a year-over-year and sequential basis.
MXL is a provider of integrated, radio-frequency (RF) and mixed-signal integrated circuits for broadband communication and data center, metro, and long-haul transport network applications.
More about MaxLinear, Inc. (MXL) at www.maxlinear.com.
**
The price of the stock of Diageo plc (DEO) spiked up in the last hour of Friday's trading session following a media report by Bloomberg indicating that Brazilian billionaire Jorge Paulo Lemann is considering a takeover bid.
DEO is a global leader in beverage alcohol, with an outstanding collection of brands across spirits, wines and beer categories. These brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Ciroc and Ketel One vodkas, Baileys, Captain Morgan, Tanqueray and Guinness.
More about Diageo plc (DEO) at www.diageo.com.
**
Crown Equity Holdings Inc. (CRWE) provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
The company is currently developing its growing network of community targeted sites CRWE PR, expected to be a one-stop shop for the various needs of consumers.
The company's division CRWE Tube ( www.crwetube.com ) is expected to be integrated in all the CRWE PR Network
More about Crown Equity Holdings Inc. (CRWE) at www.crownequityholdings.com
**
Disclaimer: CRWE-PR Finance is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read Full Disclaimer at CRWE-PR Finance www.finance.crwe-pr.com/disclaimer
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