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Stock Market & Financial Investment News

News Breaks
March 1, 2013
10:41 EDTNTAPNetApp calls active on renewed takeover chatter
NetApp March 34 weekly and March 36 calls are active on total call volume of 7,800 contracts (1,500 puts). March call option implied volatility is at 38, April and May is at 34; compared to its 26-week average of 35 according to Track Data. Active call volume suggests traders taking positions large price movement following renewed takeover chatter.
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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.

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