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	<title>Stock Blog Hub &#187; NetApp</title>
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		<title>(NTAP) Network Appliances Beat The Street Again</title>
		<link>http://www.stockbloghub.com/2010/11/18/ntap-network-appliances-beat-the-street-again/59888</link>
		<comments>http://www.stockbloghub.com/2010/11/18/ntap-network-appliances-beat-the-street-again/59888#comments</comments>
		<pubDate>Fri, 19 Nov 2010 00:06:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59888</guid>
		<description><![CDATA[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 related expenses, non-cash interest expense as well as investments and tax gains, but includes stock-based compensation expenses. During the quarter, NetApp launched new solutions, enhanced customer satisfaction by providing advanced IT infrastructure and extended its partnership program with VMware Inc. (VMW) and Fujitsu. This led to a significant revenue growth during the quarter, which, along with operating leverage, resulted in promising quarterly earnings. Shares were up 1.73% after hours in response to the news. Revenue NetApp reported second quarter revenues of $1.21 billion, up 32.6% from $910.0 million in the year-ago quarter. Revenues also exceeded the Zacks ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NTAP) NetApp 2011 Second Quarter Earnings Preview</title>
		<link>http://www.stockbloghub.com/2010/11/17/ntap-netapp-2011-second-quarter-earnings-preview/59512</link>
		<comments>http://www.stockbloghub.com/2010/11/17/ntap-netapp-2011-second-quarter-earnings-preview/59512#comments</comments>
		<pubDate>Thu, 18 Nov 2010 05:15:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59512</guid>
		<description><![CDATA[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 solid first quarter 2011 numbers, with adjusted earnings per share of 41 cents, which exceeded the Zacks Consensus Estimate of 36 cents. NetApp delivered total revenue of $1.14 billion, up 35.8% from the year-ago quarter and above the Zacks Consensus Estimate of $1.13 billion. Revenue growth was attributed to the significant increase in product revenues, while other revenue segments also improved on a year-over-year basis. Gross margin on a GAAP basis was 63.7%, up from 62.4% in the year-earlier quarter. Gross margin benefited from a better mix of business in the quarter. Operating margin increased 60 basis points from ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(VMW) VMware Reports Strong Third Quarter Earnings Beat</title>
		<link>http://www.stockbloghub.com/2010/11/09/vmw-vmware-reports-strong-third-quarter-earnings-beat/55960</link>
		<comments>http://www.stockbloghub.com/2010/11/09/vmw-vmware-reports-strong-third-quarter-earnings-beat/55960#comments</comments>
		<pubDate>Wed, 10 Nov 2010 07:02:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Technical & System Software]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Citrix Systems]]></category>
		<category><![CDATA[CTXS]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55960</guid>
		<description><![CDATA[VMware (VMW) reported strong third quarter 2010 results based on robust revenues and operating margin growth, partially offset by weak bookings outlook and a sluggish cash flow growth. Earnings (including stock-based compensation but excluding one time items) of 24 cents per share were up from the year-ago quarter of 11 cents. Earnings beat the Zacks Consensus Estimate of 22 cents per share. Robust results at VMware indicate increased growth opportunity and diversity of its products. Moreover the company is benefiting from improving demand, customer wins and geographical expansion. Revenue Revenues increased 45.8% year over year to $714.2 million, primarily driven by strong growth from license and services segment. License revenues were up 42.8% year over year to $343.2 million. Services revenue leaped 48.7% year over year to $371.0 million. U.S. ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EMC) EMC Reports Strong Third Quarter Earnings</title>
		<link>http://www.stockbloghub.com/2010/10/19/emc-emc-reports-strong-third-quarter-earnings/55712</link>
		<comments>http://www.stockbloghub.com/2010/10/19/emc-emc-reports-strong-third-quarter-earnings/55712#comments</comments>
		<pubDate>Wed, 20 Oct 2010 00:16:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55712</guid>
		<description><![CDATA[EMC Corporation (EMC) reported strong third quarter 2010 results, with earnings up 47.1% year over year to 25 cents per share versus 17 cents in the third quarter of 2009. Earnings per share (including stock-based compensation but excluding restructuring charges) beat the Zacks Consensus Estimate of 24 cents by a penny. The year-over-year growth was primarily driven by strong revenue growth in the quarter. Revenue Revenues increased 19.7% year over year to $4.21 billion in the third quarter. This was well above the Zacks Consensus Estimate of $4.14 billion. This robust growth was primarily driven by a continued strong demand for EMC’s storage, data protection, virtualization and security products and services in the quarter. On a segmental basis, product sales increased 21.6% year over year to $2.68 billion. Services benefited ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(EMC) EMC Corporation Analyst Remains Neutral on Shares</title>
		<link>http://www.stockbloghub.com/2010/10/18/emc-emc-corporation-analyst-remains-neutral-on-shares/55583</link>
		<comments>http://www.stockbloghub.com/2010/10/18/emc-emc-corporation-analyst-remains-neutral-on-shares/55583#comments</comments>
		<pubDate>Tue, 19 Oct 2010 05:06:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[CA]]></category>
		<category><![CDATA[Ca Technologies]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Symantec Corporation]]></category>
		<category><![CDATA[SYMC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=55583</guid>
		<description><![CDATA[We believe EMC Corp. (EMC), a leading provider of data storage systems, lacks positive growth catalysts to drive share price higher from current levels. We maintain our Neutral rating on EMC. EMC was the overall storage software market leader with a 22.7% market share in calendar year 2009, for eight consecutive years, according to research firm IDC, followed by Symantec Corp. (SYMC) (17.9% market share), International Business Machines Corp. (IBM) (13.5%), NetApp Inc. (NTAP) (8%) and CA Technologies (CA) (4%). EMC was also the number one vendor of external storage sales in 2009, followed by IBM and Hewlett-Packard Company (HPQ). The information storage business is EMC’s largest segment (76.0% of fiscal 2009 revenues), which will get a boost from its market leadership position. As per IDC, EMC occupied the leading ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(EMC) EMC Launches Backup Acceleration Product</title>
		<link>http://www.stockbloghub.com/2010/10/07/emc-emc-launches-backup-acceleration-product/54057</link>
		<comments>http://www.stockbloghub.com/2010/10/07/emc-emc-launches-backup-acceleration-product/54057#comments</comments>
		<pubDate>Thu, 07 Oct 2010 23:20:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[CA]]></category>
		<category><![CDATA[Ca Technologies]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Symantec Corporation]]></category>
		<category><![CDATA[SYMC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=54057</guid>
		<description><![CDATA[A leading provider of data storage systems EMC Corporation (EMC) unveiled new integrated backup products to enable customers accelerate backup design process. EMC launched new EMC NetWorker backup software integrated with EMC Data Domain Boost software. The integration is expected to increase backup speed up to 2 times by distributing parts of the de-duplication process to the NetWorker storage node. In 2009, EMC acquired four companies, of which the most important was Data Domain, a premier provider of storage solutions for backup and archive applications based on de-duplication technology. The acquisition of Data Domain provides higher synergies and positions EMC as a leader in the enterprise storage and backup market. We believe the acquisition will be accretive to 2010 pro forma EPS. The acquisition is expected to increase revenues at ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/07/emc-emc-launches-backup-acceleration-product/54057/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EMC) EMC Leads The External Storage Market</title>
		<link>http://www.stockbloghub.com/2010/09/14/emc-emc-leads-the-external-storage-market/51383</link>
		<comments>http://www.stockbloghub.com/2010/09/14/emc-emc-leads-the-external-storage-market/51383#comments</comments>
		<pubDate>Tue, 14 Sep 2010 13:18:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[3PAR]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Gartner Inc.]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[IT]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[PAR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=51383</guid>
		<description><![CDATA[EMC Corp. (EMC) gained market share in the external storage market during the second quarter ended June. According to technology research firm IDC, EMC is leader in the external storage market. According to IDC, EMC’s market share improved to 25.7% in the reported quarter from 22.0% in the year-ago period, outperforming its major competitors such as International Business Machines Corp. (IBM), Hewlett-Packard Co. (HPQ) and NetApp Inc. (NTAP). EMC posted revenues of approximately $1.3 billion, which was up 40.0% from the year-ago period, mainly attributable to the impressive sales of external disk storage systems IBM, on the other hand, recorded a revenue growth of only 10.9% year over year to $680.0 million while its market share contracted to 13.6% from 14.7% in the year-ago period. NetApp also posted a strong ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(DELL) Hewlett-Packard Wins 3PAR Bid After Dell Concedes</title>
		<link>http://www.stockbloghub.com/2010/09/03/dell-hewlett-packard-wins-3par-bid-after-dell-concedes/50259</link>
		<comments>http://www.stockbloghub.com/2010/09/03/dell-hewlett-packard-wins-3par-bid-after-dell-concedes/50259#comments</comments>
		<pubDate>Sat, 04 Sep 2010 06:10:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[3PAR]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[PAR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50259</guid>
		<description><![CDATA[After a long, drawn-out bidding battle with rival Dell Inc. (DELL), Hewlett-Packard Co. (HPQ) has managed to secure the 3PAR Inc. (PAR) acquisition. Bidding wars are rare in the technology sector. In the last notable bidding war in the tech industry, EMC Corp. (EMC) outbid NetApp Inc. (NTAP) last year to buy Data Domain for $2.4 billion. The bidding closed yesterday with Dell deciding not to top HP’s highest offer. Dell will receive a breakup fee of $72 million as a result of the dissolution of the deal. The bidding started with Dell offering $18 a share, which was counter-bid by HP and Dell in rapid succession, with the final offer from HP coming in at $33 a share. The acquisition will put HP’s data-center products on par with competing ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/03/dell-hewlett-packard-wins-3par-bid-after-dell-concedes/50259/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(IBM) International Business Machines Announces Acquisition of Storwize</title>
		<link>http://www.stockbloghub.com/2010/09/01/ibm-international-business-machines-announces-acquisition-of-storwize/50031</link>
		<comments>http://www.stockbloghub.com/2010/09/01/ibm-international-business-machines-announces-acquisition-of-storwize/50031#comments</comments>
		<pubDate>Thu, 02 Sep 2010 03:42:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=50031</guid>
		<description><![CDATA[Information Technology giant International Business Machines Corp. (IBM) announced the completion of its acquisition of Storwize, a privately held data storage company. The deal was announced in July. The financial details of the acquisition were not disclosed. Based in Marlborough, Massachusetts, Storwize develops online data compression software. IBM pointed out that Storwize also develops technology that reduces the amount of physical space required by companies to store data such as files, databases and images by up to 80%. To strengthen its storage product portfolio, IBM had earlier acquired XIV that positioned the company to better address emerging storage opportunities, such as Web 2.0 and digital media. IBM has been building its portfolio through strategic acquisitions, which are generating incremental revenues, strengthening its technology leadership and resulting in a more favorable ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/01/ibm-international-business-machines-announces-acquisition-of-storwize/50031/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DELL) Data Storage Sector Heats Up With Takeover Fever</title>
		<link>http://www.stockbloghub.com/2010/08/26/dell-data-storage-sector-heats-up-with-takeover-fever/49369</link>
		<comments>http://www.stockbloghub.com/2010/08/26/dell-data-storage-sector-heats-up-with-takeover-fever/49369#comments</comments>
		<pubDate>Thu, 26 Aug 2010 16:46:23 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[3PAR]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CML]]></category>
		<category><![CDATA[Compellent Technologies]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Isilon Systems]]></category>
		<category><![CDATA[ISLN]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[PAR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49369</guid>
		<description><![CDATA[by Tony D’Altorio, Investment U Research Thursday, August 26, 2010 Not that long ago, Dell (Nasdaq: DELL) made a $1.5 billion bid for 3Par (NYSE: PAR), which creates high-end storage systems and data management products. Its intent: to break into the IT services business. Rivals such as IBM (NYSE: IBM) and EMC (NYSE: EMC) saw that as a direct challenge. And Hewlett-Packard (NYSE: HPQ) disliked the move so much it, waged $1.6 billion of its own. That should come as no surprise, considering its bold acquisitions over the past few years. Its recent catches include network device maker 3Com, mobile device company Palm, and tech services provider Electronic Data Sytems. But not to be left behind, Dell followed HP into several of those markets. Most notably, it bought Perot Systems ]]></description>
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		<item>
		<title>(QLGC) QLogic Announced That They Gained Market Share</title>
		<link>http://www.stockbloghub.com/2010/08/24/qlgc-qlogic-announced-that-they-gained-market-share/49169</link>
		<comments>http://www.stockbloghub.com/2010/08/24/qlgc-qlogic-announced-that-they-gained-market-share/49169#comments</comments>
		<pubDate>Tue, 24 Aug 2010 20:10:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
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		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[QLGC]]></category>
		<category><![CDATA[QLogic Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49169</guid>
		<description><![CDATA[QLogic Corporation (QLGC) announced that the company has gained share in the 10 Gigabit Ethernet adapter market for the fifth consecutive quarter, ending June 2010. QLogic is a leading designer and supplier of storage networking, server networking, data networking and converged networking infrastructure solutions. According to data published by market researchers – Dell’Oro Group, QLogic has 15.7% share in the 10 Gigabit Ethernet adapter market and enjoys the second spot next to Intel Corporation (INTC). QLogic noted that increasing shipments to major original equipment manufacturers (OEM) such as Cisco Systems Inc. (CSCO), Dell Inc. (DELL), EMC Corp. (EMC), Hewlett-Packard Company (HPQ), Hitachi Data Systems, International Business Machines Corp. (IBM), NetApp Inc. (NTAP) and Oracle Corp. (ORCL) drove the market share. 10 Gigabit Ethernet refers to an Ethernet standard that transmits ]]></description>
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		<title>(NTAP) Network Appliances Reports Solid First Quarter Earnings</title>
		<link>http://www.stockbloghub.com/2010/08/20/ntap-network-appliances-reports-solid-first-quarter-earnings/48616</link>
		<comments>http://www.stockbloghub.com/2010/08/20/ntap-network-appliances-reports-solid-first-quarter-earnings/48616#comments</comments>
		<pubDate>Fri, 20 Aug 2010 16:49:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=48616</guid>
		<description><![CDATA[Network Appliances Inc. (NTAP) reported first quarter fiscal 2011 adjusted earnings per share (EPS) of 41 cents, exceeding the Zacks Consensus Estimate of 36 cents. The adjusted earnings per share excludes amortization of intangible assets, acquisition related expenses, non-cash interest expense as well as investments and tax gains, but includes stock-based compensation expenses. Revenue NetApp reported first quarter fiscal 2011 revenue of $1.14 billion, up 35.8% from $837.9 million reported in the year-ago quarter. The quarter’s revenues also exceeded the Zacks Consensus Estimate of $1.13 billion. Revenue growth could be attributed to the significant increase in product revenues, while other revenue segments also improved on a year-over-year basis. Additionally, a rebound in technology spending may also have supported the quarter’s results. Product revenue was $720.8 million in the quarter, up ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(EMC) EMC Earnings for Second Quarter 2010 Beat Marginally</title>
		<link>http://www.stockbloghub.com/2010/08/02/emc-emc-earnings-for-second-quarter-2010-beat-marginally/44297</link>
		<comments>http://www.stockbloghub.com/2010/08/02/emc-emc-earnings-for-second-quarter-2010-beat-marginally/44297#comments</comments>
		<pubDate>Mon, 02 Aug 2010 21:56:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Bristow Group]]></category>
		<category><![CDATA[BRS]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=44297</guid>
		<description><![CDATA[EMC Corporation’s (EMC) second quarter 2010 earnings of 23 cents per share exceeded the Zacks Consensus Estimate of 22 cents per share by a penny. Earnings per share increased 76.9% from 13 cents reported in the year-ago period, boosted by strong growth in storage spending and an increased demand for data storage equipment. EMC is well positioned to benefit from the strong demand for data storage systems, particularly as cloud computing and digital data storage requirements accelerate. Moreover, Storage remains a top IT spending priority and EMC is well positioned to benefit from the growing corporate IT spending. The rapid growth in cloud computing and business analytics is inducing companies to diversify into this area. We believe EMC’s strong foothold in the storage market positions it to become one of ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(IBM) International Business Machines Acquires Storwize</title>
		<link>http://www.stockbloghub.com/2010/07/30/ibm-international-business-machines-acquires-storwize/45494</link>
		<comments>http://www.stockbloghub.com/2010/07/30/ibm-international-business-machines-acquires-storwize/45494#comments</comments>
		<pubDate>Sat, 31 Jul 2010 03:56:19 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Diversified Computer Systems]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Accenture Limited]]></category>
		<category><![CDATA[ACN]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[GOOG]]></category>
		<category><![CDATA[Google Inc.]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=45494</guid>
		<description><![CDATA[International Business Machines Corp. (IBM) has announced to acquire Storwize, a privately held company, for an undisclosed sum. The acquisition, expected to close in the third quarter of 2010, is expected to boost IBM’s storage capacity. Marlborough, Massachusetts based Storwize is a provider of data compression technology, which helps clients to reduce physical storage requirements by up to 80%. Storwize has more than 100 customers such as Mobileye, Polycom Israel, Shopzilla Inc. and Sumitomo Mitsui Construction, among others. The company serves in a diversified range of markets, which include energy, manufacturing, finance, insurance, telecommunications and cloud services. Storwize’s patented Random Access Compression Engine (RACE) compresses primary data as compared with other prevalent storage compression technologies, which only compress secondary or backup data. Primary data, extensively used in daily business operations, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/07/30/ibm-international-business-machines-acquires-storwize/45494/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(EMC) EMC Analyst Maintains Neutral Rating</title>
		<link>http://www.stockbloghub.com/2010/06/29/emc-emc-analyst-maintains-neutral-rating/41919</link>
		<comments>http://www.stockbloghub.com/2010/06/29/emc-emc-analyst-maintains-neutral-rating/41919#comments</comments>
		<pubDate>Tue, 29 Jun 2010 17:57:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[CA]]></category>
		<category><![CDATA[Ca Technologies]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Symantec Corporation]]></category>
		<category><![CDATA[SYMC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=41919</guid>
		<description><![CDATA[We have a Neutral rating on EMC Corp. (EMC) with a price target of $20. Based on forward earnings estimates, the stock is trading at 21.1X, 2010 EPS estimates. Leader in Storage EMC was the overall storage software market leader with a 22.7% market share in 2009, for eight consecutive years, according to IDC, followed by Symantec Corp. (SYMC) (17.9% market share), International Business Machines Corp. (IBM) (13.5%), NetApp Inc. (NTAP) (8%) and CA Technologies (CA) (4%). EMC was also the premier vendor of external storage sales in 2009, followed by IBM and Hewlett-Packard Co. (HPQ). The information storage business is EMC’s largest segment (76.0% of fiscal 2009 revenues), which will benefit from the company’s market leadership position. According to a recent IDC research, EMC occupied the top position with ]]></description>
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		<title>(NTAP) NetApp Strengthens Alliance With Microsoft</title>
		<link>http://www.stockbloghub.com/2010/06/13/ntap-netapp-strengthens-alliance-with-microsoft/39806</link>
		<comments>http://www.stockbloghub.com/2010/06/13/ntap-netapp-strengthens-alliance-with-microsoft/39806#comments</comments>
		<pubDate>Mon, 14 Jun 2010 04:38:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=39806</guid>
		<description><![CDATA[NetApp Inc. (NTAP) has strengthened its strategic alliance with Microsoft Corp. (MSFT). Accordingly, the two companies are going to increase technological collaboration in an attempt to help common customers and service providers improve their infrastructure and enhance their operational efficiency. The resultant cost reduction and improvement in management capabilities of these companies should improve customer satisfaction and bring new ones. With the help of Microsoft’s management tools and NetApp’s storage solutions, customers are expected to create efficient internal and external networks that will ultimately improve the performance of the data centers owned by end customers. We believe this is a win-win situation for both the companies, as the alliance will enhance the technological exchange between them, at the same time helping them increase their market reach, by providing easy access ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(CPB) Uncertain Environment? Diversify and Seek Value &#8211; May 20, 2010</title>
		<link>http://www.stockbloghub.com/2010/05/21/cpb-uncertain-environment-diversify-and-seek-value-may-20-2010/37916</link>
		<comments>http://www.stockbloghub.com/2010/05/21/cpb-uncertain-environment-diversify-and-seek-value-may-20-2010/37916#comments</comments>
		<pubDate>Fri, 21 May 2010 16:31:13 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Consumer Goods]]></category>
		<category><![CDATA[Processed & Packaged Goods]]></category>
		<category><![CDATA[AutoZone Inc.]]></category>
		<category><![CDATA[AZO]]></category>
		<category><![CDATA[BIG]]></category>
		<category><![CDATA[Big Lots Inc.]]></category>
		<category><![CDATA[Campbell Soup Company]]></category>
		<category><![CDATA[COST]]></category>
		<category><![CDATA[Costco Wholesale Corporation]]></category>
		<category><![CDATA[CPB]]></category>
		<category><![CDATA[HJ Heinz Company]]></category>
		<category><![CDATA[HNZ]]></category>
		<category><![CDATA[MDT]]></category>
		<category><![CDATA[Medtronic Inc]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[Novell Inc.]]></category>
		<category><![CDATA[NOVL]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37916</guid>
		<description><![CDATA[I spent most of this week at the 2010 CFA Institute Annual Conference, attending several great presentations and panels. Many of the topics centered around strategy, though the regulatory environment and Europe came up frequently during Q&#38;A sessions. In terms of strategies for dealing with the uncertainty, valuation and diversification were stressed constantly. Seth Klarman, president of the Baupost Group and author of the book &#8220;Margin of Safety,&#8221; opined that &#8220;price is an essential determinant of valuations&#8221; and emphasized that buyers should be focused on their entry points. Jeremy Grantham, co-founder of investment firm GMO and known for calling market bubbles, suggested altering portfolio allocations as the risk environment changes. (John Bogle, founder of mutual fund giant Vanguard, said later in the conference that his personal bond allocation is equivalent ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(NTAP) NetApp Completes Acquisition of Bycast</title>
		<link>http://www.stockbloghub.com/2010/05/17/ntap-netapp-completes-acquisition-of-bycast/37419</link>
		<comments>http://www.stockbloghub.com/2010/05/17/ntap-netapp-completes-acquisition-of-bycast/37419#comments</comments>
		<pubDate>Mon, 17 May 2010 22:30:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37419</guid>
		<description><![CDATA[Leading storage and data management solutions company NetApp Inc. (NTAP) has completed the acquisition of privately held object-based storage software developer Bycast Inc. in an all-cash transaction. This will surely enhance the market value of NetApp, as the Bycast acquisition is expected to augment NetApp&#8217;s leadership position by enhancing its product portfolio with an object-based storage software offering. The company believes that the acquisition will enable it to expand its customer base to new markets including digital media, cloud service providers, health care and Web 2.0. The Object-based storage software incorporates a new method of storage and access of data by using object names. It also helps to retrieve rich metadata that provides a detailed description of the content, which also facilitates the process of storing large objects, at the ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>(QLGC) QLogic Quartery Earnings Match The Consensus</title>
		<link>http://www.stockbloghub.com/2010/04/30/qlgc-qlogic-quartery-earnings-match-the-consensus/35817</link>
		<comments>http://www.stockbloghub.com/2010/04/30/qlgc-qlogic-quartery-earnings-match-the-consensus/35817#comments</comments>
		<pubDate>Sat, 01 May 2010 01:39:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Semiconductor - Integrated Circuits]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[DELL]]></category>
		<category><![CDATA[Dell Inc.]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[QLGC]]></category>
		<category><![CDATA[QLogic Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=35817</guid>
		<description><![CDATA[A leading supplier of high performance network infrastructure solutions, QLogic Corp. (QLGC) reported fourth quarter earnings in line with the Zacks Consensus Estimate. Despite the in-line quarter, the shares fell 5.5% in afterhours trading. Lower operating expense and reduction in the tax rate boosted the company’s bottom line. The company also benefited from stronger enterprise spending, driven by improved IT spending. Revenue Revenue of $145.7 million was up 11.6% year over year. This was better than management’s revenue guidance of $140-144 million. The improved performance in the quarter was attributable to continued share gains in traditional markets, the introductions and ramp of innovative new products that provided incremental business opportunities in the converged networking and 10-Gig Ethernet markets. We expect the company to benefit from new customer wins and partnerships ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(NTAP) NetApp To Aquire Storage Software Developer Bycast</title>
		<link>http://www.stockbloghub.com/2010/04/12/ntap-netapp-to-aquire-storage-software-developer-bycast/33495</link>
		<comments>http://www.stockbloghub.com/2010/04/12/ntap-netapp-to-aquire-storage-software-developer-bycast/33495#comments</comments>
		<pubDate>Tue, 13 Apr 2010 03:48:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33495</guid>
		<description><![CDATA[Leading storage and data management solutions company NetApp Inc. (NTAP), recently disclosed that it will be acquiring a privately held object-based storage software developer Bycast Inc. Bycast was a rival company of NetApp, which will be acquired in an all-cash transaction, although the amount involved in the deal was not disclosed. We believe that this deal will be beneficial for NetApp, as the Bycast acquisition is expected to augment NetApp&#8217;s leadership position by enhancing its product portfolio with an object-based storage software offering. The company believes that this acquisition, will enable it to expand its customer base to new markets including digital media, cloud service providers, healthcare and Web 2.0. The Object-based storage software incorporates a new method of storage and access of data by using object names and also ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/12/ntap-netapp-to-aquire-storage-software-developer-bycast/33495/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(EMC) EMC Analyst Upgrades Coverage to Neutral</title>
		<link>http://www.stockbloghub.com/2010/03/18/emc-emc-analyst-upgrades-coverage-to-neutral/31103</link>
		<comments>http://www.stockbloghub.com/2010/03/18/emc-emc-analyst-upgrades-coverage-to-neutral/31103#comments</comments>
		<pubDate>Thu, 18 Mar 2010 17:48:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[CA]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[Incorporated]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Symantec Corporation]]></category>
		<category><![CDATA[SYMC]]></category>
		<category><![CDATA[upgrade]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31103</guid>
		<description><![CDATA[EMC Corp. (EMC) has the potential to benefit from restructuring activities, with financial metrics growing stronger and helping the company to reach its long-term targeted return levels. Therefore, we upgrade the stock to Neutral from our previous Underperform recommendation indicating that we expect it to trade at a premium to the peer group. We remain positive on EMC’s long-term growth and believe the shares are currently undervalued. We raise our six-month price target to $20.00, 22.5X 2010 EPS. EMC’s fourth-quarter results as announced on January 26, 2010 exceeded the Zacks Consensus Estimates and its own expectations. Revenues were a record for the quarter, growing after four consecutive quarters of year-over-year declines, driven by cost-cutting and a recovery in corporate IT spending. We believe that EMC is benefiting from strategic alliances, ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(EMC) EMC Appoints New Chief Marketing Officer</title>
		<link>http://www.stockbloghub.com/2010/03/16/emc-emc-appoints-new-chief-marketing-officer/30760</link>
		<comments>http://www.stockbloghub.com/2010/03/16/emc-emc-appoints-new-chief-marketing-officer/30760#comments</comments>
		<pubDate>Tue, 16 Mar 2010 21:44:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[Symantec Corporation]]></category>
		<category><![CDATA[SYMC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30760</guid>
		<description><![CDATA[EMC Corp. (EMC), a leading provider of storage hardware and software has appointed Jeremy Burton as its new Executive Vice President and Chief Marketing Officer (CMO). Mr. Burton will report to Joe Tucci, EMC&#8217;s Chairman and Chief Executive Officer (CEO). Mr. Burton will be responsible for the global structure, strategy, and execution of all of the aspects of EMC&#8217;s marketing efforts. Burton has extensive knowledge and experience in software and has the relevant marketing leadership to bring in a fresh perspective and dynamism to the company. Mr. Burton was previously associated with Serena Software, where he was the President and CEO. Previously, as Group President of Symantec Corp.&#8217;s (SYMC) Security and Data Management Business Unit, Burton was responsible for the company&#8217;s $2 billion Enterprise Security product line. Prior to that ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/16/emc-emc-appoints-new-chief-marketing-officer/30760/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(IRM) Iron Mountain Incorporated Acquires Mimosa Systems</title>
		<link>http://www.stockbloghub.com/2010/02/23/irm-iron-mountain-incorporated-acquires-mimosa-systems/28610</link>
		<comments>http://www.stockbloghub.com/2010/02/23/irm-iron-mountain-incorporated-acquires-mimosa-systems/28610#comments</comments>
		<pubDate>Wed, 24 Feb 2010 00:31:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Business Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[FLEX]]></category>
		<category><![CDATA[Flextronics International Limited]]></category>
		<category><![CDATA[IRM]]></category>
		<category><![CDATA[Iron Mountain Inc]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[Symantec Corporation]]></category>
		<category><![CDATA[SYMC]]></category>
		<category><![CDATA[UNH]]></category>
		<category><![CDATA[Unitedhealth Group]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28610</guid>
		<description><![CDATA[A data storage and information management company, Iron Mountain Incorporated (IRM) announced that it has acquired Mimosa Systems Inc. for approximately $112 million in cash. Based in Santa Clara, California, Mimosa is a leader in enterprise-class content archiving solutions. It is also a leading provider of on-site digital storage services. The acquisition will provide Iron Mountain with an integrated archive for email, SharePoint data and files, and will enable the company to offer an on-premises archiving option to complement its existing cloud-based archives. Mimosa will be incorporated into Iron Mountain’s Total Email Management Suite. The acquisition will enhance Iron Mountain’s data storage and management technologies and services for customers. The combination of on-premises archive by Mimosa and cloud-based offerings will help Iron Mountain clients store, recover and discover digital content ]]></description>
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		<title>(EMC) EMC Corporation Downgraded Pre-Earnings</title>
		<link>http://www.stockbloghub.com/2010/01/21/emc-emc-corporation-downgraded-pre-earnings/25691</link>
		<comments>http://www.stockbloghub.com/2010/01/21/emc-emc-corporation-downgraded-pre-earnings/25691#comments</comments>
		<pubDate>Fri, 22 Jan 2010 00:39:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25691</guid>
		<description><![CDATA[We have downgraded EMC Corp. (EMC) to Underperform from our previous Neutral rating, due to underlying near-term risks. The increasing downside risk to growth and low profit visibility in the near-term is expected to be the negative catalyst for the upcoming earnings. We lower our price target to $16.00, indicating that the stock will Underperform the market. While EMC has the potential to benefit from restructuring activities, the company is cautious about reaching its goal in the near-term, given the unfavorable pricing environment and weak demand for its products. Further, we favor EMC’s closest peers, NetApp, Inc. (NTAP) and Hewlett-Packard Company (HPQ) as they have the ability to demonstrate a much higher growth rate and estimates for good earnings growth in 2010. We believe the increasing competition from NetApp and ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(NTAP) NetApp Tops Expectations &#8211; Outlook Positive</title>
		<link>http://www.stockbloghub.com/2009/11/19/ntap-netapp-tops-expectations-outlook-positive/20957</link>
		<comments>http://www.stockbloghub.com/2009/11/19/ntap-netapp-tops-expectations-outlook-positive/20957#comments</comments>
		<pubDate>Thu, 19 Nov 2009 20:26:52 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20957</guid>
		<description><![CDATA[NetApp Inc. (NTAP) reported second-quarter EPS of 37 cents, exceeding the Zacks Consensus estimate of 19 cents per share. Revenues The company reported second-quarter revenues of $910.0 million, down 0.2% from $912.0 million reported in the year-ago quarter. Foreign currency losses decreased the company’s year-over-year growth by just over 1 percentage point. Product revenue for the quarter was $525.1 million, down 7.9% from $570.4 million reported in the year-ago quarter. Products represented around 58% of total revenues. Product revenues include additional revenues from a software, which was 15% of total revenues. Software Entitlement &#38; Maintenance revenues for the quarter were $169.8 million, up 11.2% from $152.7 million reported in the year-ago quarter. Service revenues for the quarter were $215.0 million, up 14.1% from $188.5 million reported in the year-ago quarter. ]]></description>
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		<title>(NTAP) NetApp Gains Momentum</title>
		<link>http://www.stockbloghub.com/2009/10/20/ntap-netapp-gains-momentum/18136</link>
		<comments>http://www.stockbloghub.com/2009/10/20/ntap-netapp-gains-momentum/18136#comments</comments>
		<pubDate>Tue, 20 Oct 2009 20:36:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Data Domain]]></category>
		<category><![CDATA[DDUP]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18136</guid>
		<description><![CDATA[The storage technology company, NetApp Inc.’s (NTAP) shares are up 94.2%, year-to-date, outperforming the S&#38;P 500. The company shares are currently trading at a premium to its peers. NetApp provided robust earnings and revenue guidance for its second and third fiscal quarters at the analyst meeting held on Oct 8. The company expects to post earnings of 29 to 30 cents per share and revenues of $870 – $885 million for the second quarter. The revenue increase represents a sequential growth of 5%. For the third quarter, NetApp expects to post earnings of 35 to 36 cents per share and revenues of $910 – $930 million. The revenue increase represents a sequential and year-over-year growth of 5%. For the second quarter, gross margin is expected to be 63.5%. Operating expenses ]]></description>
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		<title>(EMC) Initiating Coverage on EMC with Neutral Stance</title>
		<link>http://www.stockbloghub.com/2009/08/19/emc-initiating-coverage-on-emc-with-neutral-stance/12686</link>
		<comments>http://www.stockbloghub.com/2009/08/19/emc-initiating-coverage-on-emc-with-neutral-stance/12686#comments</comments>
		<pubDate>Wed, 19 Aug 2009 22:11:48 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Data Storage Devices]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Cisco Systems]]></category>
		<category><![CDATA[CSCO]]></category>
		<category><![CDATA[EMC]]></category>
		<category><![CDATA[EMC Corporation]]></category>
		<category><![CDATA[Hewlett-Packard Company]]></category>
		<category><![CDATA[HIT]]></category>
		<category><![CDATA[Hitachi Ltd.]]></category>
		<category><![CDATA[HPQ]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machine]]></category>
		<category><![CDATA[NetApp]]></category>
		<category><![CDATA[NTAP]]></category>
		<category><![CDATA[VMW]]></category>
		<category><![CDATA[VMware]]></category>
		<category><![CDATA[VOD]]></category>
		<category><![CDATA[Vodafone Group plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=12686</guid>
		<description><![CDATA[We are initiating coverage of EMC Corporation (EMC) with a Neutral rating and a $16 price target. Our rating is based on the following thesis: EMC holds a leadership position in the storage hardware and software segment. The information storage business is EMC’s largest segment (78.0% of fiscal 2008 revenue). The company has reasserted its market leadership in the important high-end storage product category with the recent launch of V-MAX, its new Symmetrix line. Moreover, the new V-MAX product could help EMC gain additional market share in the cloud computing space. Successive acquisitions have helped EMC build a strong portfolio of products, which provides tough competition to large software vendors. The recent acquisition of Data Domain, a provider of storage solutions for backup and archive applications based on deduplication technology, ]]></description>
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