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ArchiveAnother Merger Monday Shows Companies Still Deal Hungry (GE, DELL, CML, TMO, DNEX, CMM)Posted by Geoff Seiler at 4:34PM on December 13th
Stocks gave back gains ahead of the close to finish mixed. There were a number of larger M&A deals, showing companies’ continued appetites to make acquisitions, and a few analyst calls, but otherwise it was a pretty quiet session, with…  Analyst Comments Help Lift Select Data Storage Stocks (EMC, NTAP, CML, DELL)Posted by Todd Shriber at 12:50PM on December 13th
Data storage stocks are mixed today with the the Data Storage Stocks Index trading lower by 0.1% compared to a 0.4% gain for the S&P 500, but select members of the sector are performing well thanks to some bullish comments from… The Data Storage Buyout Saga Continues (DELL, CML, EMC, ISLN, NTAP, HPQ, STX, STEC)Posted by Jason Smith at 10:29AM on December 9th
It’s been a busy second half for M&A in the technology space, and according to various reports, Dell (DELL) is prepared to continue the action with a take-under buyout of data storage firm Compellent Technologies (CML). The potential deal is valued at… Data Storage Stocks Worth A Look After Seagate Rejects Takeover? (STX, CML, SMOD, HTCH, EMC, VMW, NTAP, SNDK)Posted by Todd Shriber at 11:39AM on December 6th
Seagate Technology (STX), the maker of data storage disk drives, was on the receiving end of some bullish comments by Barron’s over the weekend and while Seagate shares are not experiencing a “Barron’s bounce” today, data storage stocks have been high fliers this… Data Storage High Fliers Gets More Analyst Love (CML, NLST, HTCH, STX, XRTX, QTM, DELL, ORCL, NTAP)Posted by Christopher Windham at 12:31PM on December 2nd
Shares of data storage company Compellent Technologies (CML) were up about 4% Thursday following an upgrade of the stock by analyst RBC Capital to “outperform.” Compellent’s stock has been surging since October after the data-storage company announced fourth-quarter predictions that were better-than-expected.… Data Storage Stocks Mixed As Seagate Ends Takeover Talks (STX, DRAM, STEC, NLST, CML, QTM, XRTX)Posted by Todd Shriber at 11:23AM on November 30th
Tech stocks are sputtering for a second consecutive day and data storage names are proving vulnerable yet again after Seagate Technology (STX) ended talks to go private. Seagate made the announcement after the market closed on Monday and the shares plunged… Data Storage Stocks Languish, But One Name Shines (NLST, CML, EMC, NTAP, SNDK, OCZ, STEC)Posted by Todd Shriber at 11:46AM on November 29th
Few technology stocks have been immune from the Nasdaq’s tumble today and data storage stocks are no exception. The Data Storage Stocks Index has dropped 0.8% in early trading, a result that is only marginally better than the 1% drop… SanDisk Advances After Jobs Confirms Lazard Flash Forecast (SNDK, AAPL, STEC, CML, QTM, IMN)Posted by Jason Smith at 2:57PM on October 20th
Flash memory maker SanDisk (SNDK) got a bump on Wednesday after Apple (AAPL) CEO Steve Jobs announced that a new line of MacBook Air notebooks will exclusively use flash storage. The computers are stripped of hard drives and optical drives, and will… Tracking Data Storage Stocks Amid 3Par Bidding War (PAR, HPQ, DELL, CML, CVLT, ISLN, NZ, STX, STEC, NLST)Posted by Jason Smith at 9:58AM on September 2nd
The 3PAR (PAR) bidding war continued on Thursday after Hewlett-Packard (HPQ) hiked its offer to $33 per share, topping the latest Dell (DELL) bid by a buck. Shares of the Fremont, California-based utility storage system firm are ahead by more than 5% on… Dell Bid Sends 3Par Soaring, Sector Follows (PAR, DELL, ISLN, HTCH, STEC, SMOD, NTAP, XRTX, CML)Posted by Owen Vater at 10:21AM on August 16th
Enterprise data storage firm 3PAR (PAR) spiked by 85% on Monday after a $1.13 billion bid from PC maker Dell (DELL). The offer breaks down to $18 per share in cash, which represents an 87% premium to Friday’s closing value. According to…  |
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