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Stock Market & Financial Investment News

News Breaks
June 25, 2014
08:15 EDTCSCO, NTAPCisco NetApp announce FlexPod joint sales pass $3B mark
Cisco (CSCO) and NetApp (NTAP) announced that the FlexPod integrated infrastructure solution has generated $3B in joint sales since its launch in 2010. FlexPod unit shipments have grown 81% year-over-year, with demand for FlexPod solutions now reaching a $2B annualized demand run rate, the companies stated.
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July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
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08:14 EDTCSCOCisco to establish Global IoE Innovation Center in Barcelona
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
July 17, 2014
12:15 EDTNTAPSanDisk plummets after Q3 revenue outlook disappoints
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July 15, 2014
10:22 EDTNTAPNetApp expands cloud support with NPS for Azure, says Cantor
Cantor Fitzgerald believes the introduction of NetApp Private Storage for Microsoft Azure provides further validation to NetApp's expanding support for the cloud. The firm views NetApp as the leader amongst storage vendors for public cloud infrastructure. Cantor says the stock is "very inexpensive" and keeps a Buy rating on NetApp with a $45 price target.
08:37 EDTNTAPEquinix and NetApp expand cloud partnership
Equinix (EQIX), and NetApp (NTAP) announced that they are expanding their cloud partnership. The two companies now provide an expanded offering of private storage solutions for the public cloud including NetApp Private Storage for Microsoft Azure, through the Equinix Cloud Exchange, which makes connecting to the cloud simple and convenient.
08:35 EDTCSCOCisco announces multi-year sales, go-to-market agreement with Microsoft
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
05:53 EDTCSCOStocks with implied volatility movement; CSCO WMT
Stocks with implied volatility movement; Cisco (CSCO) 23, Wal-Mart (WMT) 13 according to iVolatility.

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