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January 21, 2014
05:06 EDTTOSBF, NMBLNimble Storage signs master distribution agreement with Toshiba
Nimble Storage (NMBL) announced that it signed an exclusive master distribution agreement with Toshiba (TOSBF). As a result of the agreement, Toshiba Cloud and Solutions Company will distribute Nimble Storage hybrid arrays through its value-added distributor and reseller partner community in Japan. In addition, Toshiba IT-Services Corporation will provide local language 24x7 on-site support for all Nimble hybrid storage products throughout Japan. This partnership allows Toshiba to fulfill the increasing demand for hybrid storage solutions in Japan. At the same time, Nimble Storage is positioned to rapidly increase market penetration in Japan with the goal of building a leadership position in the enterprise storage market.
News For NMBL;TOSBF From The Last 14 Days
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October 2, 2015
05:57 EDTTOSBFToshiba no longer selling consumer notebooks in Taiwan, DigiTimes reports
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October 1, 2015
10:11 EDTNMBLHigh option volume stocks
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09:06 EDTTOSBFToshiba's Westinghouse Electric acquires Multibus I product line
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07:39 EDTTOSBF30 more Toshiba execs identified in accounting scandal, Bloomberg says
Toshiba has identified 30 additional executives linked to an accounting scandal that has already resulted in the resignations of three former presidents and reduced the reported profit by roughly $1.3B, Bloomberg reports. The managers will be punished, but remain with the company, the report says. Reference Link
06:32 EDTTOSBFToshiba may cut jobs in TV, PC businesses, Reuters reports
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06:30 EDTTOSBFNew Toshiba CEO Muromachi expects to leave within 3 years, WSJ says
Newly appointed Toshiba CEO Masashi Muromachi said that he anticipates leaving the position within the next three years, the Wall Street Journal reports. "It's hard to imagine I would remain in the position for three years or more," Muromachi told reporters. Reference Link
September 24, 2015
10:01 EDTNMBLOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: 8point3 Energy (CAFD) upgraded to Market Perform from Underperform at Avondale... AEGON (AEG) upgraded to Buy from Neutral at Goldman... AMC Networks (AMCX) upgraded to Buy from Hold at Evercore ISI... Citi ups Ralph Lauren (RL) to Buy on valuation, cost savings... Kate Spade (KATE) upgraded to Overweight from Equal Weight at Stephens... L'Oreal (LRLCY) upgraded to Buy from Hold at Societe Generale... Marriott (MAR) upgraded on historical performance, growth outlook at SunTrust... Monster Beverage (MNST) upgraded to Buy from Neutral at Goldman... Nimble Storage (NMBL) upgraded to Buy from Neutral at Longbow... Qualys (QLYS) upgraded to Neutral from Underperform at Macquarie... Ralph Lauren (RL) upgraded to Buy from Neutral at Citi... Trex Company (TREX) upgraded to Outperform from Neutral at Wedbush... Valero Energy Partners (VLP) upgraded on better than expected transaction at SunTrust.
08:29 EDTNMBLNimble Storage upgraded to Buy on sustainable growth at Longbow
As previously reported, Longbow upgraded Nimble Storage to Buy from Neutral and established a $32 price target on shares. Analyst Joe Wittine has increased confidence Nimble can sustain current growth trends and believes the recent pullback has created an attractive entry point for the stock.
06:30 EDTNMBLNimble Storage upgraded to Buy from Neutral at Longbow
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06:17 EDTTOSBFToshiba to sell stakes of 5% in white goods manufacturing units to Skyworth
Toshiba Lifestyle Products & Services announced reforms of sales strategy and operations for white goods in China and ASEAN and for countering the impacts of the stagnating Japanese market and yen depreciation. The reforms will support the company in strengthening competitiveness and improving profitability. In China, Toshiba Lifestyle Products & Services will tie-up with consumer appliance manufacturer Skyworth Co., Ltd. in the manufacture and sales of refrigerators, washing machines and vacuum cleaners. The agreement, which comes into effect in October, will give Skyworth nationwide sales rights for the three products. Toshiba Lifestyle Products & Services' two sales subsidiaries, Toshiba HA Sales and Toshiba Products & Services will be wound down. On the manufacturing side, Toshiba HA Manufacturing, a manufacturer of refrigerators and washing machines, and Toshiba Home Appliances Manufacturing, a manufacturer of vacuum cleaners, will both receive a 5% capital injection from Skyworth.

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