New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 10, 2013
06:31 EDTFIO, NTAP, CSCOFusion-io should keep annual outlook despite weak Q2, says Piper Jaffray
Piper Jaffray said its channel checks this quarter indicate Fusion-io's (FIO) revenue could come in a bit softer than expected given a modest slowdown in enterprise and also at Apple (AAPL). However, Piper saw a number of positives in the quarter, including completion of the certification process at Cisco (CSC) and ramping demand from NetApp (NTAP). As such, the firm thinks Fusion-io should be able to reiterate its annual outlook of 45%-50% growth, despite a weak December quarter. Piper keeps an Overweight rating on Fusion-io with a $33 price target.
News For FIO;NTAP;CSCO From The Last 14 Days
Check below for free stories on FIO;NTAP;CSCO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 23, 2014
09:02 EDTFIOSanDisk completes acquisition of Fusion-io
SanDisk Corporation (SNDK), a global leader in flash storage solutions, today announced it has completed the previously announced acquisition of Fusion-io (FIO), a developer of flash-based PCIe hardware and software solutions that enhance application performance in enterprise and hyperscale datacenters. Under the terms of the agreement, SanDisk completed the acquisition for $11.25 per share for the outstanding shares of Fusion-io, and assumed unvested, in-the-money equity awards, for a total aggregate value of approximately $1.1B, net of cash assumed. SanDisk’s third quarter financial results will include the results of Fusion-io from July 23, 2014 through September 28, 2014. SanDisk expects to exclusively use non-captive memory for the Fusion-io business for at least the next several quarters.
July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
Subscribe for More Information
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 EDTNTAP, FIOSanDisk plummets after Q3 revenue outlook disappoints
Subscribe for More Information
July 16, 2014
17:48 EDTFIOSanDisk says expects to be 'somewhat supply constrained' in 2H14
Subscribe for More Information
13:44 EDTFIOEarnings Preview: Stifel sees SanDisk results, guidance topping expectations
Subscribe for More Information
08:03 EDTFIOSanDisk announces expiration of HSR waiting period for Fusion-io purchase
Subscribe for More Information
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.

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