(Reuters) – Activist investor Starboard Value LP disclosed a stake of about 7 percent in Marvell Technology Group on Wednesday, saying the U.S. chipmaker’s shares were “undervalued”.
(Reuters) – The CEO of a U.S. mall operator who said this week that Amazon.com Inc plans to open up to 400 physical bookstores attempted to downplay his comments on Wednesday, without specifically denying them, saying they were “not intended” to represent the online retailer’s plans.
(Reuters) – Take-Two Interactive Software Inc reported better-than-expected quarterly revenue and raised its full-year forecast, buoyed by the enduring popularity of “Grand Theft Auto V” and the launch of its latest wrestling game.