Data Storage Devices

(WDC) Western Digital Beats The Street – View Cautious

Western Digital Corp. (WDC) posted second quarter 2013 adjusted earnings per share (EPS) of $2.09, comprehensively beating the Zacks Consensus Estimate of $1.82. The quarter’s result also increased 38.4% from the year-ago quarter....

28Jan2013 | | Comments Off on (WDC) Western Digital Beats The Street – View Cautious | Continued

(STX) Seagate Releases Mobile Wireless Storage Device

Hard disk manufacturer Seagate Corporation (STX) has come up with a mobile wireless storage device: Seagate Wireless Plus mobile device storage. The new product was announced at the 2013 Consumer Electronics Show.

This particular...

15Jan2013 | | Comments Off on (STX) Seagate Releases Mobile Wireless Storage Device | Continued

(WDC) Western Digital Corporation Rolls Out New Products

After chopping fiscal first quarter estimates last month, Western Digital Corporation (WDC) is taking measures to boost its sales by introducing new products in the market.

The company increased its enterprise-class storage...

9Oct2012 | | Comments Off on (WDC) Western Digital Corporation Rolls Out New Products | Continued

(NTAP) NetApp Incorporated Earnings Preview

NetApp Inc. (NTAP) is scheduled to announce its first quarter 2013 results on August 15, 2012. We see limited upward movement in analyst estimates over the past 7 days.

Fourth Quarter Overview

NetApp...

22Aug2012 | | Comments Off on (NTAP) NetApp Incorporated Earnings Preview | Continued

(QTM) Quantum Reports First Quarter Earnings Loss

Quantum Corp. (QTM) reported first quarter 2013 adjusted loss per share of 5 cents per share, which was in line with the Zacks Consensus Estimate. The adjusted or non-GAAP earnings per share exclude amortization of acquisition-related...

22Aug2012 | | Comments Off on (QTM) Quantum Reports First Quarter Earnings Loss | Continued

(WDC) Western Digital Fourth Quarter Earnings Preview

Western Digital Corp.(WDC) is scheduled to announce its fourth quarter 2012 results on July 25, after the market closes, and we witness downward revisions in analysts’ estimates at this point.

Third Quarter Overview

Western...

13Aug2012 | | Comments Off on (WDC) Western Digital Fourth Quarter Earnings Preview | Continued

(EMC) Earnings Preview: EMC Corporation

EMC Corp (EMC) is scheduled to release its fiscal second quarter 2012 results before the opening bell on July 24, 2012. In the run up to the earnings release we do not notice any significant estimates revision by the analysts covering...

21Jul2012 | | Comments Off on (EMC) Earnings Preview: EMC Corporation | Continued

(EMC) EMC Acquires Watch4Net

EMC Corp. (EMC) is on an acquisition spree. Recently, the leading storage vendor announced the acquisition of Montreal based privately-held Watch4Net Solutions Inc. in an all cash transaction. Just a week ago, EMC...

4Jun2012 | | Comments Off on (EMC) EMC Acquires Watch4Net | Continued

(EMC) EMC Buys Pivotal Labs to Boost Big Data

EMC Corp.’s (EMC) acquisition of privately-held Pivotal Labs, a provider of agile software development services and tools, is set to boost the company’s offerings in the big data segment. The acquisition...

9Apr2012 | | Comments Off on (EMC) EMC Buys Pivotal Labs to Boost Big Data | Continued

(EMC) EMC Maintains Storage Leadership

A leading provider of information infrastructure solutions, EMC Corp. (EMC) maintained its leadership position in the external disk storage systems market for the fourth quarter, ended December 31, 2011.

According to recent...

6Mar2012 | | Comments Off on (EMC) EMC Maintains Storage Leadership | Continued

(STX) Seagate Technologies Shares Climb on Upbeat View

Seagate Technologies plc’s (STX) shares are trading higher these days on better-than-expected revenue guidance for both the December and March quarters. Recently, the hard disk drive (HDD) manufacturer provided a financial update,...

1Dec2011 | | 0 comments | Continued

(WDC) Western Digital Clears Global Storage Technology Hurdle

Western Digital Corp. (WDC) is counting the days to wrap up the acquisition of Hitachi Ltd.’s (HIT) wholly owned subsidiary, Global Storage Technology (“HGST”)....

30Nov2011 | | 0 comments | Continued

(EMC) EMC Opens New Durham, North Carolina Datacenter

EMC Corp. (EMC) recently announced that it has opened a new datacenter in Durham, North Carolina. The 450,000 square foot Center of Excellence (COE) is EMC’s seventh datacenter and the first one in the US. The other...

19Sep2011 | | 0 comments | Continued

(NTAP) NetApp: Analyst Day Glimpses

NetApp Inc. (NTAP) held its analyst day on June 30, wherein it discussed multiple growth opportunities to double its earnings. The storage vendor is exploring many under-penetrated geographical regions to expand its international...

5Jul2011 | | 0 comments | Continued

(EMC) Cyber Security – Top Priority in 2011

Cyber security has emerged as the most discussed topic in the technology market over the last few months. As corporations, government agencies, banks and video game companies have been plagued by cyber attacks, online security has become a major concern for all.

However, the last few months...

28Jun2011 | | 0 comments | Continued

(EMC) EMC’s New User Interface for Apple

At the EMCWorld 2011, EMC Corp.’s (EMC) Information Intelligence Group (IIG) launched its first mobile user interface for Apple’s (AAPL) iPad devices. In future,...

13May2011 | | 0 comments | Continued

(EMC) EMC Corporation 2011 First Quarter Earnings Preview

EMC Corp. (EMC) is slated to release its first quarter 2011 earnings before the market opens on April 20, 2011. EMC holds a leadership position in the storage hardware and software segment and is also a leading provider of data storage...

25Apr2011 | | 0 comments | Continued

(EMC) EMC’s Avamar Installed by Cash-Handling Company Loomis

EMC Corporation (EMC) announced that the Houston-based cash handling company Loomis has completed the installation of Avamar, EMC’s backup and data recovery product.

With the installation of EMC’s next-generation backup...

19Apr2011 | | 0 comments | Continued

(EMC) EMC’s Mozy Mobile App Made Available

EMC Corp. (EMC) announced the general availability of Mozy mobile app for Apple Inc.’s (AAPL) iOS-based devices such as iPhone,...

3Apr2011 | | 0 comments | Continued

(EMC) EMC Signs Partnership With Harris Corporation and Virtual Computing Environment Company

EMC Corp. (EMC) signed a new strategic partnership with Harris Corp. (HRS) and Virtual Computing Environment Company (VCE).

The...

29Mar2011 | | 0 comments | Continued

(NTAP) NetApp Signs Agreement to Take Over LSI External Storage Business

NetApp Inc. (NTAP) has sealed a definitive agreement with LSI Corporation (LSI) to acquire its external storage systems business. This all-cash deal worth $480.0 million...

29Mar2011 | | 0 comments | Continued

(EMC) EMC Leads in External Disk Storage

A leading provider of information infrastructure solutions, EMC Corp. (EMC) maintained its leading market share position in external disk storage systems for the fourth quarter ended December 31, 2010.

According to latest data...

28Mar2011 | | 0 comments | Continued

(WDC) Western Digital Announces Aquisition of Hitachi Global Storage Technologies

U.S. based disk drive producer Western Digital Corporation (WDC) recently announced that it has entered into a definitive agreement to acquire Hitachi Global Storage Technologies, a wholly owned subsidiary of Hitachi Ltd.

The...

27Mar2011 | | 0 comments | Continued

(BRCD) Company News for February 22, 2011 – Corporate Summary

• Progress Energy (NYSE:PGN) reported Q4 EPS of $0.45, ahead of the Zacks Consensus estimate of $0.43 per share

• Campbell Soup Co.’s  (NYSE:CPB) shares declined 3.9% after the soup...

22Feb2011 | | 0 comments | Continued

(NTAP) NetApp Third Quarter 2011 Earnings Preview

NetApp Inc. (NTAP) is scheduled to announce its third quarter 2011 results on February 16. Upward revisions to estimates reflect positive sentiments on the stock.

Second Quarter Overview

NetApp reported...

15Feb2011 | | 0 comments | Continued

(NTAP) NetApp Announces Agreement to Acquire Akorri Networks

Storage and data management solutions provider NetApp Inc. (NTAP) sealed a definitive agreement to acquire Akorri Networks Inc. in an all-cash deal. The deal value has not yet been disclosed. NetApp expects the deal to be wrapped...

2Feb2011 | | 0 comments | Continued

(EMC) EMC Announces New Products to Maintain Storage Market Lead

A leading provider of information infrastructure solutions, EMC Corp (EMC), recently unveiled a number of new products aimed at extending its lead in all major storage markets.

EMC released more than 40 new technologies and...

25Jan2011 | | 0 comments | Continued

(EMC) EMC Unveils New Products (revised)

A leading provider of information infrastructure solutions, EMC Corp. (EMC), recently unveiled a number of new products aimed at extending its lead in all major storage markets.

EMC released more than 40 new technologies and...

21Jan2011 | | 0 comments | Continued

(NTAP) Network Appliances Beat The Street Again

Network Appliances Inc. (NTAP) reported second quarter fiscal 2011 adjusted earnings per share (EPS) of 45 cents, exceeding the Zacks Consensus Estimate of 39 cents. Adjusted EPS excludes amortization of intangible assets, acquisition...

18Nov2010 | | 0 comments | Continued

(NTAP) NetApp 2011 Second Quarter Earnings Preview

NetApp Inc. (NTAP) is scheduled to announce its second quarter 2011 results on November 17. The upward revisions in estimates reflect positive sentiments on the stock.

First Quarter Overview

NetApp reported...

17Nov2010 | | 0 comments | Continued