Marvell Technology Group Ltd., (NASDAQ:MRVL) said its board’s audit committee found no evidence of fraud, but concluded that some revenue had been recognized prematurely. The investigation found that the company had issues with the “tone at the top,” which included pressure put on sales and financial staff to meet revenue targets and the failure to raise concerns about Chief Executive Officer Sehat Sutardja’s assertion of personal ownership of patents, the company said Tuesday in a statement.
Marvell Technology Group Ltd. (NASDAQ:MRVL) belongs to Technology sector. Its net profit margin is -5.30% and weekly performance is 4.74%. On last trading day company shares ended up at $9.94.
Atara Biotherapeutics, Inc. (NASDAQ:ATRA), announced that Isaac Ciechanover, M.D., the Company’s President and Chief Executive Officer, will present at the Cowen and Company 36th Annual Health Care Conference on Monday, March 7, 2016 at 3:20 p.m. ET. The conference will be held at the Boston Marriott Copley Place Hotel in Boston, MA.
Atara Biotherapeutics, Inc. (NASDAQ:ATRA) shares increased 10.18% in last trading session and ended the day at $19.49. ATRA return on assets is -23.90%. Atara Biotherapeutics, Inc. (NASDAQ:ATRA) quarterly performance is -50.41%.
Semtech (NASDAQ: SMTC) reported Q4 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $118.6 million versus the consensus estimate of $116.1 million. GUIDANCE: Semtech sees Q1 2017 EPS of $0.26-$0.30, versus the consensus of $0.24. Semtech sees Q1 2017 revenue of $124-132 million, versus the consensus of $117.57 million.
On 02 March, Semtech Corporation (NASDAQ:SMTC) shares moved down -3.30% and was closed at $19.33. SMTC EPS growth in last 5 year was 83.00%. Semtech Corporation (NASDAQ:SMTC) year to date (YTD) performance is 2.17%.
TE Connectivity Ltd. (NYSE: TEL) announced an increase in its share repurchase program and the election of Mr. Terrence Curtin, Mr. John Davidson and Mr. Mark Trudeau to its Board of Directors.
TE Connectivity Ltd. (NYSE:TEL) ended the last trading day at $59.28. Company weekly volatility is calculated as 1.81% and price to cash ratio as 9.86. TE Connectivity Ltd. (NYSE:TEL) showed a weekly performance of 3.93%.
On 23 February, Eurasian Minerals Inc. (NYSE MKT:EMXX) pleased to announce the execution of a purchase agreement (the “Agreement”) for net smelter return (“NSR”) royalty interests on the Maggie Creek and Afgan gold properties from Golden Predator US Holding Corp. (“Golden Predator”), a wholly-owned subsidiary of Till Capital Ltd. (“TCL”). Golden Predator owns a 2% NSR royalty on all precious metals and a 1% NSR royalty on all other minerals for the Maggie Creek property, which is located north-northeast of Newmont Mining Corporation’s (“Newmont”) Gold Quarry open pit operations on the Carlin Trend, and a 1% NSR royalty on all minerals for the Afgan property, which occurs on the Battle Mountain-Eureka Trend.
Eurasian Minerals Inc. (NYSEMKT:EMXX) shares moved down -4.89% in last trading session and ended the day at $0.44. Eurasian Minerals Inc. (NYSEMKT:EMXX) quarterly performance is -12.02%.