ADVFN - Advanced Financial Network.
HOME» NASDAQ » C » CAVM Stock Price » CAVM Stock News

Cavium Networks Share News

 Cavium Networks (mm) Stock Price
CAVM Stock Price
 Cavium Networks (mm) Stock Chart
CAVM Stock Chart
 Cavium Networks (mm) Stock News
CAVM Stock News
 Cavium Networks (mm) Company Information
CAVM Company Information
 Cavium Networks (mm) Stock Trades
CAVM Stock Trades

TECH STOCKS: H-P Kicks Off Whitman Era With Share Drop

By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- Hewlett-Packard Co. began a new era under a new chief executive by watching its shares fall Friday as analysts focused on the enormous challenges faced by CEO Meg Whitman. H-P (HPQ) sank 2.1% to close at $22.32 a day after Whitman was named to replace Leo Apotheker, a change that drew mixed reviews from analysts, some of whom wondered if the former eBay CEO was a good fit for the tech giant in its push to become a bigger player in corporate IT. H-P was one of the top decliners on the Dow Jones Industrial Average (DJI) which was up 38 points. "While we believe Meg has proven to be a very capable manager leading eBay from a start-up into a household name and one of the largest internet companies, there will be plenty of scrutiny given her lack of experience in the enterprise business," Sterne Agee analyst Shaw Wu said in a note. Brean Murray analyst Ananda Baruah echoed this view, saying in a note, "We must admit we were underwhelmed at first blush with the appointment of Meg Whitman as permanent CEO replacement of Leo Apotheker given that she's not 'cut from an enterprise or hardware cloth.'" Also in the red were shares of Cavium Networks (CAVM) which sank 7.2% to close at $28.95 after the company cut its revenue outlook. But the Nasdaq Composite Index (RIXF) recovered from a wobbly start to rise 1.1% to close at 2,483. But the benchmark ended the week down 5.3%. The Morgan Stanley High Tech 35 Index (MSH) added 1.2%, while the Philadelphia Semiconductor Index (SOX) moved up 2%. The sector got a lift from gains in shares of Cisco Systems (CSCO) , which traded up 1.8% to close at $15.61, Dell Inc (DELL) which moved up 2.9% to close at $14.40 and Texas Instruments (TXN) which gained 3.8% to close at $27.22.

Stock News for Cavium Networks (CAVM)
DateTimeHeadline
05/02/201608:00:00Cavium Unveils OCTEON TX™: Industry's widest range of 64-bit A...
04/29/201616:52:12Quarterly Report (10-q)
04/27/201616:09:50Current Report Filing (8-k)
04/27/201616:05:00Cavium Announces Financial Results for Q1 2016
04/26/201616:19:45Additional Proxy Soliciting Materials (definitive) (defa14a)
04/26/201616:13:41Proxy Statement (definitive) (def 14a)
04/25/201608:00:00Cavium to Demonstrate Comprehensive Cloud Computing, SDN and...
04/19/201608:00:00Cavium Showcases Innovative NFV/SDN Technology Solutions at NFV...
04/19/201608:00:00MontaVista® Software to Develop Evaluation Assurance Level 4...
04/04/201608:30:00Cavium Schedules Q1 2016 Financial Results Conference Call
03/15/201611:57:00Cavium's XPliant® Switches Empower Open Networking at ONS 2016
03/15/201606:00:00Cavium Showcases Key Technology Components for Cloud Datacenters...
03/09/201606:00:00Cavium Seamlessly Connects OpenSwitch Software on XPliant® Switches
03/08/201620:00:00Cavium to Demonstrate Data Center Solutions for Next Generation...
03/01/201606:00:00Cavium OCTEON III Multi-Core Processor Family Powering Next Generation...
02/29/201606:00:00Cavium to Showcase Products for Securing the Enterprise, Cloud...
02/29/201606:00:00Lanner Announces MR-810 Secure Networking Appliance for Telecom...
02/29/201606:00:00Cavium Announces FIPS 140-2 Certification of LiquidSecurity™ F...
02/22/201611:15:00Cavium Collaborates with ONOS Project to Launch M-CORD Solution...
02/22/201611:13:00ONOS Mobile CORD (M-CORD) Platform Brings SDN, NFV and Cloud...

Cavium Networks and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad