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ArchiveTech Staying Very Strong (AMZN, WHR, BRCM, STX, MGAM, SBLK)Posted by Geoff Seiler at 6:18PM on February 1st
Stocks had a strong start to the month, buoyed by the IFF saying it’s close to finalizing a Greek debt deal. Tech continues to be very strong, with the S&P Tech Index near an 11-year high. On the downside, though,…  Early Strength Encouraging (MON, STZ, MOS, STX, ADGF, ENLAY)Posted by Geoff Seiler at 5:33PM on January 5th
Stocks proved resilient again today as investors shrugged off steep losses early in the session to have the major indices close flat to up modestly, preserving the nice gain posted on the first day of 2012 trading. How long this… Analysts Hammer STEC Following Weak Guidance (STEC, OCZ, FIO, EMC, NTAP, STX, WDC)Posted by Todd Shriber at 12:03PM on July 29th
Shares of data storage provider STEC Inc. (STEC) are plunging 38% after the company reported second-quarter profit and revenue results that missed its own previous estimates and Wall Street estimates while issuing third-quarter guidance that also falls short of analysts’ expectations.… SanDisk, Western Digital Lift Data Storage Stocks (SNDK, WDC, STX, EMC, STEC, NTAP, OCZ)Posted by Todd Shriber at 12:12PM on July 22nd
Shares of SanDisk (SNDK), the maker of NAND-based data storage cards, are surging 9% after the company reported a second-quarter profit of $1.14 a share on revenue of $1.38 billion, well above the consensus estimate calling for a profit of $1… Seagate Slammed By Margin Concerns, Rare Earths Prices (STX, WDC, OCZ, EMC, NTAP, SNDK, STEC, MCP)Posted by Jason Smith at 12:18PM on July 21st
Shares of hard disk drive maker Seagate Technology (STX) are plunging 17% after the company said rising rare earths prices will result in a 200-basis point margin headwind in the second half of this year. California-based rival Western Digital (WDC), which reports… Conflicting Analyst Views Plague Data Storage Stocks (SNDK, EMC, NTAP, WDC, STX, OCZ)Posted by Jason Smith at 1:03PM on July 18th
Shares of SanDisk (SNDK), the maker of NAND-based flash storage card products, are faltering by 4% after Stifel pared its price target on the stock to $63 from $72, saying the they expect lower ASP estimates for the second and third… OCZ Technology Leads Data Storage Rally (OCZ, WDC, STX, EMC, NTAP, SNDK)Posted by Todd Shriber at 12:45PM on July 7th
Shares of OCZ Technology Group (OCZ), the computer memory and data storage hardware maker, are surging 12% after the California-based company reported a surprise fiscal first-quarter adjusted profit of a penny share on revenue of $73.8 million. Analysts were expecting an… Analysts Show Data Storage Stocks Some Love (STX, EMC, WDC, NTAP, STEC, TDC, SNDK)Posted by Jason Smith at 12:05PM on June 28th
Shares of Seagate Technology (STX), the maker of hard disk drives, are higher by 1% after FBN Securities upgraded the stock to “outperform” from “sector perform” while raising its price target on the stock to $21 from $20, which is well… Data 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%.… Data Storage Stocks In Focus As Goldman Comments On A Trio (SNDK, MU, STEC, NTAP, STX, XRTX, WDC)Posted by Todd Shriber at 12:42PM on June 7th
Shares of SanDisk (SNDK), the maker of NAND-based flash storage card products, are modestly higher after Goldman Sachs resumed coverage of the stock with a “buy” rating, noting increased demand for NAND technology in smartphones and tablet devices should be a…  |
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