News Breaks |
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| August 16, 2012 |
| 14:28 EDT |  | IBM, FIO, STEC, OCZ | Flash memory makers rise after IBM buys Texas Memory
After IBM (IBM) acquired solid state drive flash memory provider Texas Memory Systems, research firm Piper Jaffray believes that the deal will increase demand by adding "scarcity value" to products made by the remaining vendors in the solid state drive/PCIe market, including Fusion-IO (FIO), OCZ Technology (OCZ), and STEC (STEC). Texas Memory, which employs about 100 people, sells solid state disk-based storage systems and PCIe cards that come with flash memory. PCIe is a standard that enables a computer's motherboard to communicate with networks, processors, and video and sound cards. Piper expects IBM to continue incorporating cards made by Fusion-io, while enabling customers to choose Texas Memory's solution if they wish to do so. In mid-afternoon trading, OCZ jumped 7.74% to $5.20, Fusion-IO surged 5.90% to $27.81, and STEC added 2.30% to $7.12. |
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News For FIO;OCZ;STEC;IBM From The Last 14 Days Check below for free stories on FIO;OCZ;STEC;IBM the last two weeks. |
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| June 18, 2013 |
| 07:29 EDT |  | IBM | Securities Industry and Financial Markets Association to host a conference
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| 07:18 EDT |  | FIO | Fusion-io volatility elevated into another co-founder leaving board
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| 06:57 EDT |  | FIO | Fusion-io initiated with a Buy at Needham
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| 06:24 EDT | | FIO | Fusion-io says David Flynn resigned from board
Fusion-io disclosed last night that David Flynn resigned from its board effective immediately. Flynn's resignation was not related to any issues regarding the integrity of the company’s financial statements, Fusion-io stated. |
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| June 17, 2013 |
| 07:18 EDT |  | FIO | Fusion-io FY14 revenue estimate cut below Street at Piper Jaffray
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| June 14, 2013 |
| 06:09 EDT | | IBM | IBM revenue can grow again in second half, says Citigroup
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| June 12, 2013 |
| 15:01 EDT | | IBM | New Four Horsemen of Tech option implied volatility is mixed
Amazon.com (AMZN) overall option implied volatility of 29 is below its 26-week average of 31, Google (GOOG) is at 24, near its 26-week average of 23, Apple (AAPL) is at 27; below its 26-week average of 29, IBM (IBM) is at 19, above its 26-average of 16 according to Track Data. |
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| 13:25 EDT |  | IBM | IBM starts U.S. job cuts, Bloomberg says
IBM began cutting U.S. jobs today as part of a $1B plan, announced in April, to trim its global workforce, reports Bloomberg, citing a person familiar with the move. Reference Link |
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| 11:51 EDT |  | IBM | IBM heading for test of $200 area, levels to watch
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| 05:51 EDT | | IBM | Amazon, IBM battle over $600M CIA contract, WSJ reports
The fight between IBM (IBM) and Amazon.com (AMZN) over a $600M contract to set up a cloud-computing system for the Central Intelligence Agency shows the growing importance of intelligence-agency business for technology companies, reports the Wall Street Journal. Reference Link |
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| June 10, 2013 |
| 10:38 EDT | | FIO | Fusion-io calls active on renewed takeover chatter
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| 10:11 EDT |  | FIO | Rumor: Fusion-io moves up on renewed takeover chatter
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| 07:17 EDT | | IBM | Storage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12. |
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| 07:13 EDT | | FIO | FBN Securities to host a tour
4th Annual Semi-Annual Silicon Valley Technology Bus Tour travels throughout Silicon Valley June 10-11. |
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| June 6, 2013 |
| 18:03 EDT | | IBM | AT&T, IBM announce eCommerce agreement
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| 07:22 EDT | | IBM | IDG Enterprise to host a seminar
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| June 5, 2013 |
| 12:04 EDT | | IBM | Juniper CEO says IBM a key enterprise partner
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| 07:15 EDT | | IBM | IBM acquisition positive, says RBC Capital
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