Marvell Technology Group Ltd. (Nasdaq: MRVL) reversed year ago losses to post a stronger than expected profit for the third quarter, announced plans to repurchase up to $1 billion in company stock and declared a quarterly dividend. The stock price climbed $1.44 to close at $14.80.
Marvell Technology swings to profit
November 18, 2016 at 18:35 PM EST
