Greenlight Capital Q1 2013 letter to shareholders is out. Earlier today, Sam Forgione of Reuters had a short summary on the Greenlight Capital Q1 2013 letter. Greenlight Capital is up 5.8 percent net for Q1. Returns in April were hurt by losses in gold. Below we have the full hedge fund letter (see Greenlight Capital Q42012 here). Some notable comments from the letter include CEO David Einhorn’s (more subtle) attack on Ben Bernanke and other Central Bankers’...
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Companies whose shares are expected to trade actively in today’s session are AVG Technologies NV (NYSE:AVG), Sourcefire, Inc. (NASDAQ:FIRE), Hewlett-Packard Company (NYSE:HPQ), Marvell Technology Group Ltd. (NASDAQ:MRVL), Aruba Networks, Inc. (NASDAQ:ARUN) and Frontline Ltd. (NYSE:FRO). AVG Technologies NV (NYSE:AVG): The mobile and Internet antivirus company swung into the profit zone during the fourth quarter. Subscriptions and platform revenues grew by double digit percentage points. AVG Technologies NV (NYSE:AVG) also issued optimistic guidance for the current year....
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Companies whose shares are expected to trade actively in today’s session are Marvell Technology Group Ltd. (NASDAQ:MRVL) (FRA:MVL), BCD Semiconductor Manufacturing Ltd (NASDAQ:BCDS), Emerson Radio Corp (NYSEAMEX:MSN), Smith & Wesson Holding Corporation (NASDAQ:SWHC), TeleCommunication Systems, Inc. (NASDAQ:TSYS) and Toyota Motor Corporation (NYSE:TM). Marvell Technology Group Ltd. (NASDAQ:MRVL) (FRA:MVL): The chip maker’s shares were continuously sliding late Wednesday, and are expected to plunge further today. A Pittsburgh federal jury has asked Marvell Technology Group Ltd. (NASDAQ:MRVL) (FRA:MVL)...
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David Einhorn is not having a good day after Christmas. One of his top holdings, Marvell Technology Group Ltd. (NASDAQ:MRVL), had a major ruling against it earlier today in a patent case. The ruling found the company responsible for patent infringement and liable for more than $1 billion in damages. The case, which was argued in a U.S. District court, was brought by a professor at Carnegie Mellon University. The professor, Jose Moura, alleged...
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