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ArchiveData Storage Stocks Surging on Upbeat Industry Data (HTCH, STX, WDC, OCZ, STEC, EMC)Posted by Jason Smith at 10:57AM on June 14th
Disk drive components maker Hutchinson Technology (HTCH) is leading the data storage sector higher after increasing its third-quarter outlook and picking up positive comments from an analyst. Overall, the Data Storage Stocks Index is up 1.9%, led by Hutchinson, soaring nearly 20%.…  One Good Earnings Report Not Enough To Jolt Data Storage Stocks (STEC, SNDK, HTCH, DRAM, HILL, OCZ, NLST)Posted by Todd Shriber at 3:09PM on February 14th
The hot data storage stocks is taking a breather today in the wake of earnings from one of the more closely watched names in the segment. As a whole, the Data Storage Stocks Index is down 0.4% today despite a better-than-expected… SanDisk Stands Out Among Data Storage Stocks (SNDK, HTCH, IMN, NLST, XRTX, DRAM)Posted by Jason Smith at 12:18PM on December 21st
SanDisk (SNDK) is rallying today after Raymond James upgraded the maker of NAND-based flash storage card products to “outperform” from “market perform” with $63 price target. Shares of SanDisk touched a new 52-week of $51.72, implying there is still significant upside… 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.… Isilon Spikes On Q3 Beat (ISLN, TDC, EMC, HTCH)Posted by Jason Smith at 3:24PM on October 21st
Data storage firm Isilon Systems (ISLN) topped analyst expectations in the third quarter, sending the stock soaring by 7% on Thursday. The company recorded a profit of $4 million, or 5 cents per share, compared to a net loss of -$4.9… Seagate Spikes On Buyout Talks (STX, HTCH, XRTX, STEC, NTAP, SNDK)Posted by Owen Vater at 9:04AM on October 15th
The data storage sector was in focus on Friday after Seagate Technology (STX) announced that it received a preliminary indication of interest regarding a going private transaction. The company did not name its suitor, but Bloomberg reports that private equity firms TPG… Data Storage Small-Cap Jumps On Patent Receipt (NLST, QTM, HTCH, SMOD)Posted by Jason Smith at 3:16PM on October 12th
Netlist (NLST) spiked by 12% on Tuesday after the company received a U.S. patent for its “circuit with flexible portion.” According to the patent, which can be found at the U.S. Patent and Trademark Office website, application of the invention “relates… Flat Market Can’t Stop Data Storage Rally (ISLN, HTCH, DELL, SMOD, NZ, QTM)Posted by Jason Smith at 4:04PM on October 7th
Select data storage stocks traded higher despite a lackluster performance by the broad market benchmarks. As a whole, the Data Storage Stocks Index is up by 2% for the day with Isilon Systems (ISLN) and Hutchinson Technology (HTCH) among top performers. Isilon spiked last week… STEC Spikes On Buyout Chatter Again (STEC, SNDK, DELL, IBM, SMOD, HTCH, HPQ)Posted by Jason Smith at 3:10PM on October 5th
Solid-state memory pure-play STEC, Inc. (STEC) spiked by 10% on Tuesday after rumors spread that SanDisk (SNDK) could be a suitor. Prior to the thus far unfounded chatter, STEC spent the last six sessions in negative territory while the broad benchmarks traded…  |
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