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UBS Discusses Shift In Storage; 'Most Negative' For Seagate Technology And NetApp
Friday, September 25, 2015 - 1:59pm | 597Read More...According to Steven Milunovich of UBS, enterprise storage will shift from disk to hybrid to all-flash. Milunovich noted that AFA (all-flash array) usage at enterprises has risen from 6 percent to 22 percent. Milunovich noted the shift is "most negative" for Seagate Technology PLC (NASDAQ: STX)...
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Citigroup Says SanDisk's Numbers Will Improve
Thursday, April 9, 2015 - 10:19am | 268Read More...In a report published Wednesday, Citigroup analyst Joe Yoo commented that SanDisk Corporation (NASDAQ: SNDK) faces several "troubling" near-term challenges, but this isn't necessarily a bad thing for investors as much of the bad news is already reflected in lowered earning per share estimates....
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Market Wrap For June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 4:33pm | 1781Read More...U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...
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Mid-Day Market Movers For Monday, June 16, 2014
Monday, June 16, 2014 - 12:52pm | 788Read More...Here are Monday's mid-day market movers. Gainers bluebird bio (NASDAQ: BLUE) - 33 percent - stocks surged after the biotech firm announced its gene therapy had success treating two patients with an inherited blood disorder called beta-thalassemia. Williams Companies (NYSE:...
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Market Wrap For June 13: Despite Rising, Dow And S&P 500 Lower For The Week
Friday, June 13, 2014 - 4:39pm | 1827Read More...U.S. stocks closed the day slightly higher to close out the week as investor concerns over escalating violence in Iraq remains. As was the case during the height of the Russia and Ukraine confrontation, investors are hesitant of holding on to investments over the weekend. U.S. Secretary of...
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Market Wrap For April 24: Apple's Smashing Earnings Overshadowed By Ukraine Concerns
Thursday, April 24, 2014 - 4:41pm | 3104Read More...U.S. stocks inched higher as Apple's strong earnings reported on Wednesday proved to be not enough to ease fears over an escalating tension between Russia and Ukraine. Reports surfaced of escalated troop movements in Ukraine while Russia began military drills near the Ukraine border. After...
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Market Wrap For January 23: Chinese Data, Mixed Earnings Spooking Investors
Thursday, January 23, 2014 - 5:47pm | 2950Read More...Traders and investors woke up Thursday morning to troubling news out of China. Chinese January HSBC flash PMI declined to 49.6 from a 50.5 in December. The data is re-starting the Chinese slowdown debate and according to Reuters has “reinforced concerns about global growth, especially in...
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Earnings Expectations For The Week Of January 20: Microsoft, McDonald's, Netflix And More
Sunday, January 19, 2014 - 2:27pm | 953Read More...The markets are closed on Monday for Martin Luther King Day, but after that the earnings season shifts back into high gear. The consensus forecasts for eBay, McDonald's, Netflix, Starbucks and Verizon call for year-over-year growth in per-share earnings. But analysts are looking for declining...
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Market Wrap For December 5: Market Participants Anxiously Await Tomorrow's Employment Report
Thursday, December 5, 2013 - 6:00pm | 2246Read More...Stock futures pointed to a lower open following premarket data revealing that the U.S. economy and job market are improving faster and stronger than expected. Selling began at the bell and continued for the entire day as major indices failed to hold on to any rallying gains. Investors and...
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Market Wrap For December 3: Markets Finish In The Red For Third Straight Day
Tuesday, December 3, 2013 - 5:49pm | 1989Read More...Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...
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JP Morgan Reviews Initial Earnings from Fusion-io
Friday, August 5, 2011 - 7:51am | 97Read More...J.P. Morgan has published a report on Fusion-io (NYSE: FIO) reviewing the first earnings call on the newly public company. In the report, J.P. Morgan wrote, "Following the first earnings call as a public company, we expect shares of Neutral-rated FIO to partially retrace recent losses. A bigger...
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J.P. Morgan Intiates Coverage on Fusion-io
Tuesday, July 19, 2011 - 8:51am | 160Read More...J.P. Morgan has initiated coverage on Fusion-io (NYSE: FIO). In the report, J.P. Morgan writes, "We are initiating coverage of Fusion-io (FIO) at Neutral. We recommend exposure to the FIO story but not with an outsized position relative to our other coverage stocks, like Apple (OW). In our view,...
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Fusion-IO Ups IPO Price
Tuesday, June 7, 2011 - 12:33pm | 165Read More...Fusion-IO, the developer of flash- memory technology for companies, has upped the value of its IPO, raising the price of shares to $16 to $18 per share. This is an increase of the previous value of shares, which was $13 to $15 per share. This now values Fusion-io at $1.4 billion. Interest in...
