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Trader's Recap: Marvell Technology Group Ltd. (NASDAQ:MRVL), Banco Bradesco S.A. (NYSE:BBD), International Business Machines Corporation (NYSE:IBM), GreenHunter Resources, Inc. (NYSEMKT:GRH)

Trader's Recap: Marvell Technology Group Ltd. (NASDAQ:MRVL), Banco Bradesco S.A. (NYSE:BBD), International Business Machines Corporation (NYSE:IBM), GreenHunter Resources, Inc. (NYSEMKT:GRH)
Written by
Charles Donlon
Published on
October 14, 2014
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Marvell Technology Group (NASDAQ:MRVL) last announced its earnings results on Thursday, August 21st. The company reported $0.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.28 by $0.06. The company had revenue of $961.50 million for the quarter, compared to the consensus estimate of $961.56 million. During the same quarter last year, the company posted $0.23 earnings per share. Marvell Technology Group’s revenue was up 19.2% compared to the same quarter last year. On average, analysts predict that Marvell Technology Group will post $1.17 earnings per share for the current fiscal year.Marvell Technology Group Ltd. (NASDAQ:MRVL) in last trading activity fell -4.27% to close at $11.67. Company weekly performance is -11.25% while its quarterly performance stands at -17.35%. Marvell Technology Group Ltd. (NASDAQ:MRVL) is -29.34% away from its 52 week high.TI’s ‘Plan B’ has seen it hire Banco Bradesco S.A. (NYSE:BBD)’s investment banking unit to analyse a potential bid for rival Oi SA, which boasts considerable fixed line assets, but remains slightly adrift of the three leading mobile operators: Vivo, TIM Brasil and Claro. On last trading day Banco Bradesco S.A. (NYSE:BBD) advanced 8.98% to close at $16.38. Its volatility for the week is 4.30% while volatility for the month is 3.77%. BBD's sales growth for past 5 years was 11.00% and its EPS growth for past 5 years was 12.70%. Banco Bradesco S.A. (NYSE:BBD) monthly performance is 3.67%.International Business Machines Corporation (NYSE:IBM) is adding new capabilities to several existing commands in Backup, Recovery and Media Services (BRMS), the native backup facility included with IBM i. IBM made four enhancements to BRMS with last week's announcement of IBM i 7.1 Technology Refresh 9 (TR9) and IBM i 7.2 TR1. International Business Machines Corporation (NYSE:IBM) in last trading activity fell -1.30% to close at $183.52. Company weekly performance is -2.92% while its quarterly performance stands at -2.64%. International Business Machines Corporation (NYSE:IBM) is -7.34% away from its 52 week high.GreenHunter Resources, Inc. (NYSEMKT:GRH) (NYSE MKT: GRH.PRC), a diversified water resource, waste management, environmental services, and hydrocarbon marketing company specializing in the unconventional oil and natural gas shale resource plays in the Appalachian Basin, announced today that it has declared a monthly cash dividend on the Company’s 10.0% Series C Cumulative Perpetual Preferred Stock (“Series C Preferred Stock”). GreenHunter Resources, Inc. (NYSEMKT:GRH) has 5.70% insider ownership while its institutional ownership stands at 9.70%. In last trading activity company's stock closed at $1.09.Silgan Holdings Inc. (NASDAQ:SLGN), a leading supplier of rigid packaging for shelf-stable food and other consumer goods products, will release its third quarter 2014 earnings results on Wednesday, October 22, 2014, before the U.S. markets open. At 11:00 A.M. eastern time on that day, Silgan will hold a conference call to discuss the Company’s results and performance for this period. On Monday shares of Silgan Holdings Inc. (NASDAQ:SLGN) closed at $46.99. Company's sales growth for last 5 years was 3.50% and EPS growth for next 5 years is recorded as 10.73%.

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