Marvell (MRVL -1.7%) is trading lower after UBS slashed its estimates through 2014, citing...

|About: Marvell Technology Group, Ltd. (MRVL)|By:, SA News Editor

Marvell (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)