Qlogic Cp (QLGC) 15.45 $QLGC QLogic (QLGC) Breaks

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Qlogic Cp (QLGC) 15.45 $QLGC

QLogic (QLGC) Breaks Through Support at $15.46
Comtex SmarTrend(R) - Fri Jul 29, 8:37AM CDT
QLogic (NASDAQ:QLGC) has opened bearishly below the pivot of $15.57 today and has reached the first level of support at $15.46. Analysts will be watching for a cross of the next downside pivot targets of $15.31 and $15.05.
QLGC: 15.45 (-0.08)

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: 46.21 (-1.03), NTES: 199.98 (-2.73), ELLI: 91.79 (-4.48), QLGC: 15.45 (-0.08)

QLogic Has Returned 21.1% Since SmarTrend Recommendation (QLGC)
Comtex SmarTrend(R) - Wed Jul 27, 1:14AM CDT
SmarTrend identified an Uptrend for QLogic (NASDAQ:QLGC) on October 23rd, 2015 at $12.58. In approximately 9 months, QLogic has returned 21.11% as of today's recent price of $15.23.
QLGC: 15.45 (-0.08)

QLogic Reports First Quarter Results for Fiscal 2017
BusinessWire - Tue Jul 26, 3:15PM CDT
--Q1 operating margin of 12.9% GAAP; 23.5% non-GAAP
QLGC: 15.45 (-0.08)

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: 46.21 (-1.03), QLGC: 15.45 (-0.08)

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: 46.21 (-1.03), QLGC: 15.45 (-0.08)

INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of QLogic Corporation And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Mon Jun 20, 5:02PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of QLogic Corporation (Nasdaq: QLGC) ("QLogic" or the "Company" relating to the proposed buyout of QLogic by Cavium, Inc.
QLGC: 15.45 (-0.08)

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: 46.21 (-1.03), QLGC: 15.45 (-0.08)

QLogic (QLGC) in Focus: Stock Moves 9.3% Higher in Session
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 7:05AM CDT
QLogic Corp. (QLGC) was a big mover last session, as the company saw its shares rise more than 9% on the day.
QLGC: 15.45 (-0.08), EXTR: 3.81 (+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: 46.21 (-1.03), QLGC: 15.45 (-0.08)

SmarTrend Watching for Potential Pullback in Shares of QLogic After 9.53% Gain
Comtex SmarTrend(R) - Thu Jun 16, 1:02PM CDT
QLogic (NASDAQ:QLGC) traded in a range yesterday that spanned from a low of $14.83 to a high of $15.00. Yesterday, the shares gained 9.5%, which took the trading range above the 3-day high of $13.75 on volume of 7.2 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
QLGC: 15.45 (-0.08)

SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of QLogic Corporation And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Thu Jun 16, 11:07AM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of QLogic Corporation (Nasdaq: QLGC) ("QLogic" or the "Company" relating to the proposed buyout of QLogic by Cavium, Inc.
QLGC: 15.45 (-0.08)

QLOGIC CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Thu Jun 16, 9:36AM CDT
Rigrodsky & Long, P.A.:
QLGC: 15.45 (-0.08)

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: 7.56 (+1.11), CAVM: 46.21 (-1.03), QLGC: 15.45 (-0.08), NTGR: 52.58 (-0.26)

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: 46.21 (-1.03), QLGC: 15.45 (-0.08)

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: 46.21 (-1.03), QLGC: 15.45 (-0.08)

What Investors are Making of these Semiconductor's Stocks? - InvenSense, Microsemi, Fairchild Semiconductor Intl., and QLogic
PR Newswire - Thu Jun 09, 7:10AM CDT
There is so much activities going on in the Semiconductor Integrated Circuits industry at present, and it is opening up opportunities for investors as many have been carrying their due diligence in this space. Ahead of today's session, ActiveWallSt.com directs investors' focus back on four companies in this segment to find out if they are poised for growth: InvenSense Inc. (NYSE: INVN), Microsemi Corp. (NASDAQ: MSCC), Fairchild Semiconductor International Inc. (NASDAQ: FCS), and QLogic Corp. (NASDAQ: QLGC). Get your free trade alerts on these stocks at:
QLGC: 15.45 (-0.08), INVN: 6.66 (-0.11), MSCC: 38.47 (-0.48), FCS: 19.68 (-0.06)

QLogic Delivers 25Gb Ethernet Connectivity with Unsurpassed Combination of Performance, Flexibility and Scalability for HPE Servers
GlobeNewswire - Thu Jun 09, 2:05AM CDT
Today, QLogic announced six new connectivity offerings, further extending its portfolio of I/O solutions that deliver a robust set of features and performance enhancements for Hewlett Packard Enterprise (HPE) customers. The new HPE 620QSFP28 4x25Gb Ethernet (25GbE) Adapter provides advanced features and functionality in a small footprint, fulfilling the needs of telco, managed service provider (MSP), cloud and enterprise customers. The new 4x25GbE Adapter is HPE's first 25GbE adapter, and provides an unsurpassed combination of performance, flexibility and scalability with low-latency Remote Direct Memory Access (RDMA) over Converged Ethernet (RoCE) and Data Plane Development Kit (DPDK) support for Network Function Virtualization (NFV), enabling flexible deployment of server nodes, particularly for telco and MSP customers.
QLGC: 15.45 (-0.08)

QLogic Advances Manageability of OpenStack Environment with QConvergeConsole
GlobeNewswire - Tue May 10, 8:00AM CDT
Today, QLogic announced the availability of its latest release of the QLogic QConvergeConsole (QCC) which adds the ability to map the topology of an OpenStack environment, enabling users to visualize the connections between virtual and physical devices when using QLogic Adapters. This unique topology mapping capability helps maximize uptime by giving operations staff the tools to know what virtual instances will be impacted by maintenance operations so they can migrate those to other systems prior to any disruptive operations, while ensuring systems are correctly configured.
QLGC: 15.45 (-0.08)

QLogic (QLGC) Surpasses Q4 Earnings & Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Fri May 06, 1:39PM CDT
QLogic Corp. (QLGC) reported fourth-quarter fiscal 2016 adjusted earnings (including stock-based compensation but excluding one-time items) of 26 cents per share, surpassing the Zacks Consensus Estimate of 19 cents.
QLGC: 15.45 (-0.08), NTGR: 52.58 (-0.26), LTRX: 1.28 (-0.02), EXTR: 3.81 (+0.01)

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