News & Comments

Friday, November 18, 2011

USA - Anti-corporate rallies from New York to LA

Published on Nov 17, 2011 by Euronews

http://www.euronews.net/ Cities across the United States staged protests on Thursday in a day of action to mark two months of grass-roots demonstrations against economic inequality.

In New York the Occupy Wall Street rally was smaller than expected and police were able to stop the protesters closing down the city's iconic financial thoroughfare, making around 200 arrests in the process.

Libra - Daily stars for today 18 November 2011 - www.shelleyvonstrunckel.com

Next week's eclipsed New Moon is the first of two, each of which will usher in breakthroughs in situations in which you've felt trapped. However, initially these could seem like more of the same problems. Be patient. By the second eclipse, on 10 December, you'll begin to recognize what there is to learn.

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Marvell Technology (NASDAQ:MRVL) Reported Mixed Q3 Earnings Estimates (potential upside of 29.8%)

Uploaded by FinancialNewsOnline on Nov 17, 2011

Marvell (NASDAQ:MRVL) reported Q3 earnings after the markets closed posting EPS of $0.32, missing analyst estimates of $0.38 per share. Revenue for the quarter rose 6% to $950 million, topping consensus estimates for $938.96 million.

Dr. Sehat Sutardja, Marvell's Chairman and Chief Executive Officer said, "We are pleased with our third quarter results as we demonstrated solid growth in the quarter driven by our Mobile and Wireless end market, which grew over 20% sequentially. Our TD mobile phone platforms have been extremely well received by customers. We are now serving over 15 mobile customers with over 30 handsets ramping. Also, in the third quarter, we started shipping our WCDMA solutions to new customers. Our overall profitability remains solid, and during the last 12 months we generated over $840 million in free cash flow with the third quarter of fiscal 2012 representing the 17th consecutive quarter of positive free cash flow for the company."

Marvell Technology (NASDAQ:MRVL) has potential upside of 29.8% based on a current price of $13.77 and an average consensus analyst price target of $17.88.