Top News : Marvell Technology (NASDAQ:MRVL), American Realty Capital Properties (NASDAQ:ARCP), Greenhill (NYSE:GHL), Ceragon Networks Ltd. (NASDAQ:CRNT), Silicon Motion (NASDAQ:SIMO)

Technology Stocks News 8

Marvell Technology Group Ltd. (NASDAQ:MRVL) announced it will conduct a conference call following the release of its second fiscal quarter of 2015 financial results on Thursday, August 21, 2014, at 1:45 p.m. Pacific Time. Marvell Technology Group Ltd. (NASDAQ:MRVL)’s stock on 31 July traded at beginning with a price of $13.46 and when day-trade ended the stock finally decreased -2.06% to end at $13.34. Marvell Technology Group Ltd. (NASDAQ:MRVL)’s showed weekly performance of -4.44%.

American Realty Capital Properties, Inc. (NASDAQ:ARCP) announced its operating results for the three months ended June 30, 2014.  Increased revenues to $382.0 million, up 595.2% compared to the same period a year earlier. Increased AFFO to $205.3 million, up 429.0% compared to the same period a year earlier, and increased AFFO per share to $0.24, up 26% compared to the same period a year earlier. American Realty Capital Properties, Inc. (NASDAQ:ARCP) on Thursday closed at $13.11. Stock institutional ownership is 59.30% while insider ownership includes 0.70%. American Realty Capital Properties, Inc. (NASDAQ:ARCP) distance from 50-day simple moving average (SMA50) is 5.14%.

On July 28, 2014, Greenhill & Co., Inc. (NYSE:GHL) reported total revenues of $63.0 million, net income allocated to common stockholders of $8.1 million and diluted earnings per share of $0.27 for the quarter ended June 30, 2014.  Greenhill & Co., Inc. (NYSE:GHL)’s shares on Thursday traded in the range of 45.76 – 47.21and ended up on $45.77. Greenhill & Co., Inc. (NYSE:GHL) distance from 200-day simple moving average (SMA200) is -9.86%. GHL’s sales growth for past 5 years was 5.30% and its EPS growth for past 5 years was -2.30%.

On July 30, 2014, Ceragon Networks Ltd. (NASDAQ:CRNT)  announced the pricing of an underwritten public offering of 21,250,000 of its ordinary shares at a price of $2.00 per share. The company has also granted to the underwriters a 30-day option to acquire an additional 3,187,500 shares to cover overallotments in connection with the offering. After the underwriting discount and estimated offering expenses payable by the company, the company expects to receive net proceeds of approximately $39.8 million, assuming no exercise of the overallotment option. The offering is expected to close on August 5, 2014, subject to customary closing conditions. Ceragon Networks Ltd. (NASDAQ:CRNT)’s stock on 31 July decreased -2.91% to the closing price of $2.00. Its fifty two weeks range is $2.00 – 4.35. The total market capitalization recorded $104.9M. Ceragon Networks Ltd. (NASDAQ:CRNT) monthly performance is -23.08%.

On July 29, 2014, Silicon Motion Technology Corp. (NASDAQ:SIMO) announced its financial results for the quarter ended June 30, 2014. For the second quarter, net sales increased 31% quarter-over-quarter to US$69.4 million from US$52.8 million in the first quarter. Net income (non-GAAP) of US$14.1 million or US$0.41 per diluted ADS in the second quarter increased as compared to US$5.4 million or US$0.16 per diluted ADS in the first quarter. Silicon Motion Technology Corp. (NASDAQ:SIMO) on Thursday closed at $23.06. Stock institutional ownership is 35.70%. Silicon Motion Technology Corp. (NASDAQ:SIMO) distance from 50-day simple moving average (SMA50) is 16.73%.

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