New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 25, 2014
08:15 EDTNTAP, CSCOCisco 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.
News For CSCO;NTAP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
May 21, 2015
06:36 EDTNTAPNetApp downgraded to Hold from Buy at Cantor
Subscribe for More Information
06:33 EDTNTAPNetApp downgraded to Underweight from Neutral at JPMorgan
Subscribe for More Information
May 20, 2015
20:01 EDTNTAPNetApp expects to terminate 500 employees, sees $25M-$35M charge
In a regulatory filing earlier, NetApp reported that on May 19, the company committed to a "realignment." The company expects that the realignment will be implemented through the end of 3Q16. As part of the realignment, NetApp expects to reduce worldwide headcount by approximately 500 employees. The company expects to incur aggregate charges of approximately $25M-$35M for employee terminations and other costs associated with the realignment. NetApp expects that most of these charges will be cash expenditures. The company expects to recognize the majority of these charges 1Q16.
19:02 EDTNTAPOn The Fly: After Hours Movers
UP AFTER EARNINGS: salesforce.com (CRM), up 6.6%... Williams-Sonoma (WSM), up 4%. ALSO HIGHER: CTPartners (CTP), up 42% after agreeing to exclusive negotiations to be acquired by DHR International. DOWN AFTER EARNINGS: Xunlei (XNET), down 14.9%... NetApp (NTAP), down 8%... Open Text (OTEX), down 7.7%.... Rexnord (RXN), down 7.1%... Synopsys (SNPS), down 1.5%... Youku Tudou (YOKU), down 1.2%. ALSO LOWER: Wave Systems (WAVX), down 8.5% after filing to sell Class A common stock and warrants... OXiGENE (OXGN), down 5.1% after filing mixed securities shelf.
17:50 EDTNTAPNetApp management sees return to growth trajectory in second half of FY16
Management sees a year of strong cash flow generation. OEM revenue ended at less than 10% of FY15 net revenues and normalized to a level of revenue that the company will no longer discuss separately. Management stated that the company is well positioned for the era of cloud computing. Management stated that the company expects to reduce its share count by another 5%. Management stated that it sees operating margins back in range in second half. Comments made during Q4 earnings conference call.
16:20 EDTNTAPNetApp raises quarterly dividend by 9% to 18c per share
NetApp increased the 1Q16 dividend by 9% to 18c per share. The dividend will be paid on July 23, to shareholders of record as of the close of business on July 10.
16:13 EDTNTAPNetApp down 6.3% after reporting Q4 results
16:11 EDTNTAPNetApp sees Q1 EPS 20c-25c, may not compare to consensus 60c
Subscribe for More Information
16:09 EDTNTAPNetApp reports Q4 EPS 65c, consensus 72c
Reports Q4 revenue $1.54B, consensus $1.59B.
15:00 EDTNTAPNotable companies reporting after market close
Subscribe for More Information
14:08 EDTNTAPNetApp technical comments ahead of earnings
Subscribe for More Information
13:37 EDTNTAPEarnings Watch: Analysts concerned with competition hurting NetApp results
Subscribe for More Information
08:43 EDTCSCOCisco CFO says business in Europe improved; China, Russia still challenging
Cisco CFO Kelly Kramer spoke on CNBC.
08:41 EDTCSCOCisco CFO sees potential for acquistions in security
Subscribe for More Information
May 19, 2015
15:38 EDTNTAPNetApp May volatility elevated into Q4 and outlook
Subscribe for More Information
14:31 EDTCSCOCovisint expands strategic relationship with Cisco, General Motors
Covisint (COVS) announced that it has reached a definitive agreement with Cisco (CSCO) to use the Covisint platform to power General Motors (GM) OnStar and SupplyPower through 2020. Under the terms of this five-year, non-cancelable contract, GM will materially increase their use of the Covisint platform to support growth in these solutions. This economically favorable transaction is a major milestone in the strategic partnership with Cisco, and a win for General Motors, Cisco and Covisint.
07:41 EDTNTAPNetApp May volatility elevated into Q4 and outlook
Subscribe for More Information
07:36 EDTCSCOAutomakers to start V2V car rollouts with spectrum at a premium, WSJ says
General Motors' (GM) upcoming Cadillac CTS is the only car firmly scheduled to launch in the U.S. with vehicle-to-vehicle communications, or V2V, but the industry has promised that V2V will revolutionize safety and Cisco (CSCO) joined automakers earlier this month to brief the FCC on plans to test airwave sharing soon, said The Wall Street Journal. However, cable and telecom companies are pressuring carmakers to give up a part of the airwaves marked for V2V to be available for broader use, the report added. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY), while cable and telecom companies include Verizon (VZ), AT&T (T), Sprint (S), T-Mobile (TMUS), Comcast (CMCSA), Time Warner Cable (TWC) and Charter (CHTR). Reference Link
May 18, 2015
09:36 EDTCSCOActive equity options trading on open
Subscribe for More Information
May 15, 2015
16:01 EDTCSCOOptions Update; May 15, 2015
iPath S&P 500 VIX Short-Term Futures down 20c to 20.06 Option volume leaders: AAPL BAC FB NFLX TWTR BABA CSCO TSLA MU GILD T MSFT AMZN MCD
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use