MaxLinear, Inc. (NYSE:MXL)
Shares of MXL climbed more than 10% to touch a new 52-week high in extended-hours trading Friday after Soros Fund Management LLC, the family office of billionaire investment guru George Soros, disclosed in a regulatory filing ( SC 13G ) with the Securities and Exchange Commission (SEC) a 5.19% (2,685,939 shares) passive stake in the company.
MXL recently reported revenue of $35.4 million for the first quarter 2015, representing growth of 9% on both a year-over-year and sequential basis.
MXL is a provider of integrated, radio-frequency (NYSE:RF) and mixed-signal integrated circuits for broadband communication and data center, metro, and long-haul transport network applications.
More about MaxLinear, Inc. at www.maxlinear.com.
Diageo plc (NYSE:DEO)
The price of DEO stock spiked up in the last hour of Friday's trading session following a media report by Bloomberg indicating that Brazilian billionaire Jorge Paulo Lemann is considering a takeover bid.
DEO is a global leader in beverage alcohol, with an outstanding collection of brands across spirits, wines and beer categories. These brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Ciroc and Ketel One vodkas, Baileys, Captain Morgan, Tanqueray and Guinness.
More about Diageo plc at www.diageo.com.
Crown Equity Holdings Inc. (OTCPK:CRWE)
CRWE provides marketing solutions that boost customer awareness and merchant visibility on the Internet.
The company is currently developing its growing network of community targeted sites CRWE PR, expected to be a one-stop shop for the various needs of consumers.
The company's division CRWE Tube ( www.crwetube.com ) is expected to be integrated in all the CRWE PR Network
More about Crown Equity Holdings Inc. at www.crownequityholdings.com
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Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.