Marvell (MRVL -1.7%) is trading lower after UBS slashed its estimates through 2014, citing...
Tuesday, November 13, 2012, 12:10 PM ETMarvell (MRVL -1.7%) is trading lower after UBS slashed its estimates through 2014, citing storage and wireless softness. Marvell's shares have been hit hard as weak PC demand takes a toll on hard drive controller sales, and the company bleeds share in China's TD-SCDMA baseband chip market. FQ3 results arrive on Thursday. (FQ3 warning/CFO departure)
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