Cavium Inc (CAVM) 47.24 $CAVM
Xilinx (XLNX) Beats Q1 Earnings & Revenues, View Upbeat
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:26AM CDT
Xilinx Inc. (XLNX) started fiscal 2017 on a strong note with better-than-expected earnings and revenues in the first quarter.
CAVM: 47.24 (+0.57), LSCC: 6.11 (+0.10), XLNX: 51.20 (+0.12), FORM: 9.40 (+0.05)
SmarTrend Watching for Potential Pullback in Shares of Cavium Networks After 8.55% Gain
Comtex SmarTrend(R) - Wed Jul 27, 12:48PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $45.93 to a high of $51.21. Yesterday, the shares gained 8.6%, which took the trading range above the 3-day high of $44.24 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAVM: 47.24 (+0.57)
QLogic (QLGC) Q1 Earnings & Revenues Surpass Estimates
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 11:00AM CDT
QLogic Corp.(QLGC) reported better-than-expected first-quarter fiscal 2017 results. However, the company didn't provide any guidance due to the impending merger with Cavium Inc. (CAVM).
CAVM: 47.24 (+0.57), NTES: 202.71 (-1.56), ELLI: 96.27 (+4.16), QLGC: 15.53 (+0.01)
Cavium Names Raghib Hussain Chief Operating Officer
PR Newswire - Tue Jul 26, 3:15PM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that Raghib Hussain has been named Chief Operating Officer of Cavium. Mr. Hussain co-founded Cavium in 2000. He has served in various management and technology leadership roles since the inception of Cavium and has been the Corporate Vice President, Chief Technology Officer and General Manager since 2014.
CAVM: 47.24 (+0.57)
Cavium Adds Industry Veterans Brad W. Buss and Dr. Edward H. Frank to Board of Directors
PR Newswire - Tue Jul 26, 3:15PM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that Brad W. Buss and Dr. Edward H. Frank have been elected to Cavium's Board of Directors. Their appointments are effective July 22, 2016.
CAVM: 47.24 (+0.57)
Cavium Announces Financial Results for Q2 2016
PR Newswire - Tue Jul 26, 3:05PM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced financial results for the second quarter ended June 30, 2016.
CAVM: 47.24 (+0.57)
Cavium, Inc. Commences Exchange Offer to Acquire QLogic Corporation
PR Newswire - Wed Jul 13, 3:49PM CDT
Cavium, Inc. (Nasdaq: CAVM) ("Cavium"
, a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that it commenced an exchange offer (the "Offer" for all of the outstanding shares of QLogic Corporation (Nasdaq: QLGC) ("QLogic", a leading supplier of high performance networking infrastructure solutions, through a wholly-owned subsidiary of Cavium, pursuant to their previously announced merger agreement, dated June 15, 2016. Subject to the terms and conditions of the Offer, QLogic stockholders who validly tender their shares in the Offer will receive $11.00 in cash and 0.098 shares of Cavium common stock for each share of QLogic common stock.
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
QLOGIC SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of QLogic Corp. (QLGC) Over the Proposed Sale of the Company to Cavium, Inc.
PR Newswire - Tue Jun 21, 3:34PM CDT
Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of QLogic Corp. ("QLogic" or the "Company" (NASDAQ:QLGC) for potential breaches of fiduciary duties in connection with the sale of the Company to Cavium, Inc. ("Cavium" for approximately $1.36 billion.
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
Cavium Adds Microsemi's Storage Solutions to ThunderX® Processor Family
PR Newswire - Tue Jun 21, 1:00AM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enables intelligent processing for enterprise, cloud, data center, wired and wireless networking today announced collaboration with Microsemi Corporation, a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, to deliver the HBA 1000 Host Bus Adaptor for Cavium's ThunderX processor family.
CAVM: 47.24 (+0.57), MSCC: 38.95 (-0.05)
Ryan & Maniskas, LLP Announces Investigation of QLogic Corp.
PR Newswire - Fri Jun 17, 9:45AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of QLogic Corp. ("QLogic" or the "Company" (NASDAQ: QLGC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Cavium, Inc. ("Cavium" in a transaction valued at approximately $1.36 billion.
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of QLogic Corporation -QLGC
PR Newswire - Thu Jun 16, 9:15PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of QLogic Corporation ("QLogic" or "the Company" (Nasdaq- QLGC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Cavium, Inc. ("Cavium".
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
Cavium and Marathon Oil skid, while Kroger and Newmont rise
AP - Thu Jun 16, 3:46PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
CAVM: 47.24 (+0.57), ED: 80.46 (+0.38), MRK: 58.66 (unch), NEM: 44.16 (+0.16), M: 35.32 (-0.51), MRO: 12.92 (-0.72)
QLogic (QLGC) to be Acquired by Cavium for $1.36 Billion
Vaishali Doshi - Zacks Investment Research - Thu Jun 16, 9:00AM CDT
QLogic Corporation (QLGC) is being snapped up by semiconductor manufacturer Cavium Inc (CAVM) in a cash and stock deal worth $1.36 billion.
AMKR: 6.45 (+0.16), CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01), NTGR: 52.84 (+1.41)
Robbins Arroyo LLP: Acquisition of QLogic Corporation (QLGC) by Cavium, Inc. (CAVM) May Not Be in Shareholders' Best Interests
BusinessWire - Wed Jun 15, 7:01PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of QLogic Corporation (NASDAQ: QLGC) by Cavium, Inc. (NASDAQ: CAVM). On June 15, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Cavium will acquire QLogic. Under the terms of the agreement QLogic shareholders will receive $11.00 cash and 0.098 shares of Cavium common stock for each share of QLogic common stock, the value of which is equivalent to $15.53.
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
QLOGIC (QLGC) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of QLogic Corporation; Are Shareholders Getting a Fair Price?
PR Newswire - Wed Jun 15, 7:01PM CDT
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of QLogic Corporation (NASDAQ: QLGC) breached their fiduciary duties in connection with the proposed sale of the Company to Cavium, Inc. (NASDAQ: CAVM).
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
Look for Shares of Cavium Networks to Potentially Pullback after Yesterday's 3.29% Rise
Comtex SmarTrend(R) - Wed Jun 15, 2:26PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $46.84 to a high of $47.89. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $46.71 on volume of 467,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAVM: 47.24 (+0.57)
Look for Shares of Cavium Networks to Potentially Rebound after Yesterday's 2.99% Sell Off
Comtex SmarTrend(R) - Wed Jun 08, 3:00PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $47.43 to a high of $50.09. Yesterday, the shares fell 3.0%, which took the trading range below the 3-day low of $49.46 on volume of 838,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CAVM: 47.24 (+0.57)
Cavium Showcases The CloudScale Rack(TM)
PR Newswire - Mon May 30, 1:30AM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking today showcased CloudScale Rack(TM) solution that demonstrates a complete cloud data center enabled using customer platforms built on Cavium's product portfolio.
CAVM: 47.24 (+0.57)
Cavium Announces ThunderX2(TM)
PR Newswire - Mon May 30, 1:00AM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enables intelligent processing for enterprise, cloud, data center, wired and wireless networking today announced ThunderX2(TM), its second generation of Workload Optimized(TM) ARM server SoCs.
CAVM: 47.24 (+0.57)
Cavium Networks Rises 1.74% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon May 23, 3:59PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $47.27 to a high of $48.55. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $48.52 on volume of 283,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAVM: 47.24 (+0.57)
Xilinx (XLNX) Beats Q1 Earnings & Revenues, View Upbeat
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:26AM CDT
Xilinx Inc. (XLNX) started fiscal 2017 on a strong note with better-than-expected earnings and revenues in the first quarter.
CAVM: 47.24 (+0.57), LSCC: 6.11 (+0.10), XLNX: 51.20 (+0.12), FORM: 9.40 (+0.05)
SmarTrend Watching for Potential Pullback in Shares of Cavium Networks After 8.55% Gain
Comtex SmarTrend(R) - Wed Jul 27, 12:48PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $45.93 to a high of $51.21. Yesterday, the shares gained 8.6%, which took the trading range above the 3-day high of $44.24 on volume of 3.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAVM: 47.24 (+0.57)
QLogic (QLGC) Q1 Earnings & Revenues Surpass Estimates
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 11:00AM CDT
QLogic Corp.(QLGC) reported better-than-expected first-quarter fiscal 2017 results. However, the company didn't provide any guidance due to the impending merger with Cavium Inc. (CAVM).
CAVM: 47.24 (+0.57), NTES: 202.71 (-1.56), ELLI: 96.27 (+4.16), QLGC: 15.53 (+0.01)
Cavium Names Raghib Hussain Chief Operating Officer
PR Newswire - Tue Jul 26, 3:15PM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that Raghib Hussain has been named Chief Operating Officer of Cavium. Mr. Hussain co-founded Cavium in 2000. He has served in various management and technology leadership roles since the inception of Cavium and has been the Corporate Vice President, Chief Technology Officer and General Manager since 2014.
CAVM: 47.24 (+0.57)
Cavium Adds Industry Veterans Brad W. Buss and Dr. Edward H. Frank to Board of Directors
PR Newswire - Tue Jul 26, 3:15PM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that Brad W. Buss and Dr. Edward H. Frank have been elected to Cavium's Board of Directors. Their appointments are effective July 22, 2016.
CAVM: 47.24 (+0.57)
Cavium Announces Financial Results for Q2 2016
PR Newswire - Tue Jul 26, 3:05PM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced financial results for the second quarter ended June 30, 2016.
CAVM: 47.24 (+0.57)
Cavium, Inc. Commences Exchange Offer to Acquire QLogic Corporation
PR Newswire - Wed Jul 13, 3:49PM CDT
Cavium, Inc. (Nasdaq: CAVM) ("Cavium"
, a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that it commenced an exchange offer (the "Offer" for all of the outstanding shares of QLogic Corporation (Nasdaq: QLGC) ("QLogic", a leading supplier of high performance networking infrastructure solutions, through a wholly-owned subsidiary of Cavium, pursuant to their previously announced merger agreement, dated June 15, 2016. Subject to the terms and conditions of the Offer, QLogic stockholders who validly tender their shares in the Offer will receive $11.00 in cash and 0.098 shares of Cavium common stock for each share of QLogic common stock. CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
QLOGIC SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of QLogic Corp. (QLGC) Over the Proposed Sale of the Company to Cavium, Inc.
PR Newswire - Tue Jun 21, 3:34PM CDT
Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of QLogic Corp. ("QLogic" or the "Company"
(NASDAQ:QLGC) for potential breaches of fiduciary duties in connection with the sale of the Company to Cavium, Inc. ("Cavium" for approximately $1.36 billion. CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
Cavium Adds Microsemi's Storage Solutions to ThunderX® Processor Family
PR Newswire - Tue Jun 21, 1:00AM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enables intelligent processing for enterprise, cloud, data center, wired and wireless networking today announced collaboration with Microsemi Corporation, a leading provider of semiconductor solutions differentiated by power, security, reliability and performance, to deliver the HBA 1000 Host Bus Adaptor for Cavium's ThunderX processor family.
CAVM: 47.24 (+0.57), MSCC: 38.95 (-0.05)
Ryan & Maniskas, LLP Announces Investigation of QLogic Corp.
PR Newswire - Fri Jun 17, 9:45AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of QLogic Corp. ("QLogic" or the "Company"
(NASDAQ: QLGC) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Cavium, Inc. ("Cavium" in a transaction valued at approximately $1.36 billion. CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of QLogic Corporation -QLGC
PR Newswire - Thu Jun 16, 9:15PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of QLogic Corporation ("QLogic" or "the Company"
(Nasdaq- QLGC-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Cavium, Inc. ("Cavium". CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
Cavium and Marathon Oil skid, while Kroger and Newmont rise
AP - Thu Jun 16, 3:46PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily on Thursday:
CAVM: 47.24 (+0.57), ED: 80.46 (+0.38), MRK: 58.66 (unch), NEM: 44.16 (+0.16), M: 35.32 (-0.51), MRO: 12.92 (-0.72)
QLogic (QLGC) to be Acquired by Cavium for $1.36 Billion
Vaishali Doshi - Zacks Investment Research - Thu Jun 16, 9:00AM CDT
QLogic Corporation (QLGC) is being snapped up by semiconductor manufacturer Cavium Inc (CAVM) in a cash and stock deal worth $1.36 billion.
AMKR: 6.45 (+0.16), CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01), NTGR: 52.84 (+1.41)
Robbins Arroyo LLP: Acquisition of QLogic Corporation (QLGC) by Cavium, Inc. (CAVM) May Not Be in Shareholders' Best Interests
BusinessWire - Wed Jun 15, 7:01PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of QLogic Corporation (NASDAQ: QLGC) by Cavium, Inc. (NASDAQ: CAVM). On June 15, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Cavium will acquire QLogic. Under the terms of the agreement QLogic shareholders will receive $11.00 cash and 0.098 shares of Cavium common stock for each share of QLogic common stock, the value of which is equivalent to $15.53.
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
QLOGIC (QLGC) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of QLogic Corporation; Are Shareholders Getting a Fair Price?
PR Newswire - Wed Jun 15, 7:01PM CDT
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of QLogic Corporation (NASDAQ: QLGC) breached their fiduciary duties in connection with the proposed sale of the Company to Cavium, Inc. (NASDAQ: CAVM).
CAVM: 47.24 (+0.57), QLGC: 15.53 (+0.01)
Look for Shares of Cavium Networks to Potentially Pullback after Yesterday's 3.29% Rise
Comtex SmarTrend(R) - Wed Jun 15, 2:26PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $46.84 to a high of $47.89. Yesterday, the shares gained 3.3%, which took the trading range above the 3-day high of $46.71 on volume of 467,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAVM: 47.24 (+0.57)
Look for Shares of Cavium Networks to Potentially Rebound after Yesterday's 2.99% Sell Off
Comtex SmarTrend(R) - Wed Jun 08, 3:00PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $47.43 to a high of $50.09. Yesterday, the shares fell 3.0%, which took the trading range below the 3-day low of $49.46 on volume of 838,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
CAVM: 47.24 (+0.57)
Cavium Showcases The CloudScale Rack(TM)
PR Newswire - Mon May 30, 1:30AM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking today showcased CloudScale Rack(TM) solution that demonstrates a complete cloud data center enabled using customer platforms built on Cavium's product portfolio.
CAVM: 47.24 (+0.57)
Cavium Announces ThunderX2(TM)
PR Newswire - Mon May 30, 1:00AM CDT
Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enables intelligent processing for enterprise, cloud, data center, wired and wireless networking today announced ThunderX2(TM), its second generation of Workload Optimized(TM) ARM server SoCs.
CAVM: 47.24 (+0.57)
Cavium Networks Rises 1.74% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon May 23, 3:59PM CDT
Cavium Networks (NASDAQ:CAVM) traded in a range yesterday that spanned from a low of $47.27 to a high of $48.55. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $48.52 on volume of 283,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
CAVM: 47.24 (+0.57)
