Stocks Getting Hot: IAMarvell Technology Group Ltd. (NASDAQ:MRVL), RLI Corp. (NYSE:RLI), Affimed N.V. (NASDAQ:AFMD), Brunswick Corporation (NYSE:BC), Vornado Realty Trust (NYSE:VNO)

Technology Stocks News 3

Shares of Marvell Technology Group (NASDAQ:MRVL) were the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 6,136,546 shares, a decline of 38.1% from the November 28th total of 9,906,140 shares, StockRatingsNetwork reports. Marvell Technology Group Ltd. (NASDAQ:MRVL) shares advanced 1.42% in last trading session and ended the day at $15.04. MRVL Gross Margin is 49.70% and its return on assets is 7.90%. Marvell Technology Group Ltd. (NASDAQ:MRVL) quarterly performance is 15.78%.

RLI Corp. (NYSE:RLI) Director Gerald I. Lenrow unloaded 1,000 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $47.00, for a total value of $47,000.00. RLI Corp. (NYSE:RLI) ended the last trading day at $47.35. Company weekly volatility is calculated as 2.46% and price to cash ratio as 26.46. RLI Corp. (NYSE:RLI) showed a weekly performance of -5.38%.

Affimed N.V. (NASDAQ:AFMD), a clinical-stage biopharmaceutical company developing targeted cancer immunotherapies, said it has been awarded a 2.4 million euros ($3 million) grant from the German Federal Ministry of Education and Research or BMBF. Affimed N.V. (NASDAQ:AFMD) belongs to Healthcare sector. Its weekly performance is 15.76%. On last trading day company shares ended up $7.20. Affimed N.V. (NASDAQ:AFMD) distance from 50-day simple moving average (SMA50) is 23.91%.

Due to the overwhelming market reception and solid retail demand for its new L-Class yachts, Sea Ray, a brand of Brunswick Corporation (NYSE:BC), will increase production capacity by reactivating its Sykes Creek manufacturing facility in Merritt Island, Fla. The expanded production will commence in the summer of 2015. Hiring will begin immediately, and the company expects to create up to 100 new jobs over the next 12 months. Brunswick Corporation (NYSE:BC) shares advanced 2.59% in last trading session and ended the day at $51.51. BC Gross Margin is 26.80% and its return on assets is 29.70%. Brunswick Corporation (NYSE:BC) quarterly performance is 24.99%.

Vornado Realty Trust (NYSE:VNO) announced, the modification of the $120 million, 6.04% mortgage loan secured by its Montehiedra Town Center, in the San Juan area of Puerto Rico. The loan has been extended from July 2016 to July 2021 and separated into two tranches: a senior $90 million position, with interest at 5.33% to be paid currently, and a junior $30 million position, with interest at 3.00% to accrue. On 07 January, Vornado Realty Trust (NYSE:VNO) shares advanced 2.11% and was closed at $123.19. VNO EPS growth in last 5 year was -15.40%. Vornado Realty Trust (NYSE:VNO) year to date (YTD) performance is 4.66%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone