Hints and tips:
...“Dell, NetApp, Lenovo, IBM, Pure, Cisco all have similar offerings but HPE is taking market share,” he said....
...A broader sell-off in US stocks, led by a drop in the technology sector which has been dogged by concerns of stretched valuations, also weighed on NetApp shares....
...NetApp shares advanced 3.4 per cent to $30.78 after the company projected rosier sales in its fiscal second quarter than Wall Street had expected....
...In light of the EMC agreement, Cisco has been seen as a potential acquirer of storage company NetApp, which has a market value of nearly $10bn, but Mr Robbins turned a cold shoulder to such a deal....
...NetApp was the worst performing stock on the S&P 500, falling 10 per cent to $31.77, after the data storage maker reported fiscal fourth-quarter results and issued first-quarter earnings and sales guidance...
...The rest of the storage market now looks up for grabs: shares in NetApp, a company that rose to prominence on an earlier generation of technology, were among the beneficiaries as Wall Street sized up its...
...Today Mr Santamorena runs NetApp’s commercial sales group for the Americas....
...The investment counts as one of Elliott’s largest to date and comes just months after it sold out of EMC’s smaller rival, NetApp, where it successfully agitated for cost cuts and share repurchases....
...EMC ex-VMware trades at a steep discount to smaller peer NetApp (3 times cash flow, instead of 7 times)....
...The coalition so far includes Cisco, Dell, Facebook, Fujitsu, NetApp and VMware, with each company contributing $100,000 a year for at least three years....
...European uncertainty continued to weigh on sentiment on Wall Street as NetApp became the latest technology company to warn that weak sales on the continent would affect future earnings....
...NetApp, the provider of data storage, reported quarterly profits above estimates and announced it would extend its stock buyback programme....
...Both companies pointed to weak demand in Europe as Dell saw first-quarter earnings fall by a third, and NetApp downgraded its forecasts for the rest of the year....
...Shares in NetApp climbed 4.3 per cent to $33.45 as UBS analysts initiated coverage, suggesting shares in the data storage provider could climb as high as $45 within a year....
...NetApp’s shares fell by more than a 10th on Thursday. Of the IT companies that have reported recently, NetApp provided the biggest negative surprise....
...For the latter group – EMC, VMware, Salesforce.com, NetApp – the outlook is for strong double-digit growth....
...NetApp climbed 7.2 per cent to $42.74 after the data-storage product maker reported better than expected revenue in its fiscal third quarter. JM Smucker fell 8.4 per cent to $71.60....
...Semiconductor manufacturer NetApp was up 8.3 per cent to $37.51 on reports it could be a subject of takeover bids....
...Three US Senators have asked the Obama Administration to investigate how the Syrian government obtained equipment from California-based NetApp and Blue Coat Systems....
...Data storage company Netapp fell 3.1 per cent to $35.64 after a downgrade from Credit Suisse analysts, who tipped the company’s rate of market share growth to slow in 2012....
...Netapp slumped 12.3 per cent to $35.64 after lowering guidance for the current quarter....
...NetApp slumped 17.6 per cent to $34.74 after lowering guidance for the current quarter....
...NetApp shares slumped 14.1 per cent to $35.85 after the California-based data storage provider missed revenue and sales targets, which pulled down rival data storage and circuit companies....
...NetApp , a provider of data storage, was up 2.5 per cent to $53.61, while Western Digital added 1.4 per cent to $36.82....
...Shares in NetApp were up 6.9 per cent to $55.31 after the data storage provider reported an 11 per cent rise in fourth-quarter earnings and issued a strong outlook for the current quarter....
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