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Computers and Peripherals Computer Storage and Peripherals

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  • July 22- Data storage products maker SanDisk Corp reported a quarterly profit that was double what analysts had expected, helped by higher retail sales and new products. "Expectations were very, very low heading into earnings," Wedbush Securities Betsy Van Hees said, adding that analysts had aggressively cut profit estimates for SanDisk before its quarterly...

  • July 22- Data storage products maker SanDisk Corp reported better-than-expected quarterly profit and revenue, helped by new products and higher retail sales. However, SanDisk's revenue fell 24 percent to $1.24 billion in the second quarter from a year earlier, hurt by lower sales of solid-state drives. SanDisk's net income plunged to $81 million, or 38 cents...

  • SanDisk's quarterly revenue falls 24 pct Wednesday, 22 Jul 2015 | 4:12 PM ET

    July 22- Data storage products maker SanDisk Corp reported a 24 percent fall in quarterly revenue, hurt by lower sales of solid-state drives. The company's revenue fell to $1.24 billion in the second quarter ended June 28 from $1.63 billion a year earlier. SanDisk's net income plunged to $81 million, or 38 cents per share, from $274 million, or $1.14 per share, a year...

  • July 21- Printer maker Lexmark International Inc said it would cut jobs to offset costs resulting from recent acquisitions as part of efforts to focus on software and services. Lexmark and larger rivals such as Hewlett-Packard Co and Xerox Corp are pushing into high-value software and services business as companies reduce printing to cut costs and...

  • July 21- Printer maker Lexmark International Inc forecast third-quarter profit well below Wall Street's estimates and said it would cut about 500 jobs as it absorbs recently acquired businesses. Lexmark said the restructuring is expected to generate $2 million savings in 2015 and annualized savings of $65 million beginning in 2017..

  • UPDATE 1-Printer maker Lexmark to cut 500 jobs Tuesday, 21 Jul 2015 | 7:29 AM ET

    July 21- Printer maker Lexmark International Inc said it would cut 500 jobs, or about 4 percent of its global workforce, as the company integrates its recently acquired businesses and tries to soften the impact of a strong dollar. Lexmark swung to a quarterly loss in the second quarter ended June 30, hurt by an 11 percent decline in revenue in its imaging solutions...

  • Moment of truth nears for nuclear waste time bomb Friday, 19 Jun 2015 | 8:06 AM ET

    Finland and Sweden hope to be the first countries in the world to be able to put the most dangerous high-level waste into underground storage in the next decade, using a new technology to encase fuel rods and protect them from erosion. Finland stopped exporting spent fuel for reprocessing to the then Soviet Union in 1996, and does not accept imports.

  • UPDATE 1-NetApp results miss estimates; shares fall Wednesday, 20 May 2015 | 6:34 PM ET

    May 20- Data storage equipment maker NetApp Inc reported fourth-quarter results below analysts' estimates, hurt by lower sales to original equipment manufacturers, sending its shares down more than 10 percent in extended trading. NetApp has been trying to boost growth by focusing on cloud-based products as businesses cut spending on high-end storage...

  • Disruptor 50: No. 44 Nutanix Tuesday, 12 May 2015 | 7:00 AM ET
    Dheeraj Pandey, founder and CEO of Nutanix

    Nutanix simplifies data centers by integrating servers and storage into one solution that can be up and running in an hour or less.

  • LOS ANGELES, April 30- Tesla Motors Inc on Thursday unveiled Tesla Energy- storage systems or batteries for homes, companies and utilities that will expand its business beyond electric vehicles and tap into a fast-growing area of the energy industry. Tesla's lead installation partner for the home battery will be SolarCity Corp, the solar installer backed by...

  • April 28- 3 D printer maker Stratasys Ltd estimated revenue and profit below analysts' expectations for the first quarter, citing a strong dollar and decline in capital spending by its customers, particularly in North America. Stratasys said it now expects revenue of $800 million to $860 million. Stratasys estimated adjusted profit of 2- 4 cents per share for the...

  • UPDATE 1-Printer maker Lexmark's revenue slips 3 pct Tuesday, 28 Apr 2015 | 7:57 AM ET

    April 28- Printer maker Lexmark International Inc reported a 3 percent decline in quarterly revenue, hurt by lower revenue from its imaging solutions and services business. Lexmark's imaging solutions and services business includes monochrome and color laser printers and supplies and services covering its printing products. Up to Monday's close, shares...

  • Xerox revenue dips as printer sales fall Friday, 24 Apr 2015 | 7:00 AM ET

    April 24- Xerox Corp, best known as a maker of printers and copiers, reported a 6 percent fall in quarterly revenue, hurt by lower printer sales and a stronger dollar. Net income attributable to Xerox fell to $225 million, or 19 cents per share, in the first quarter ended March 31, from $281 million, or 23 cents per share, a year earlier. Revenue fell to $4.47 billion from...

  • FRANKFURT, April 23- Gadget maker Logitech International SA said on Thursday quarterly operating profit fell 34 percent on steep currency declines and shrinking demand for accessories like the computer mouse on which it built its global brand name. Logitech has refocused on new lines like wireless music speakers, videoconferencing and video game...

  • FRANKFURT, April 23- Gadget maker Logitech International SA said on Thursday quarterly operating profit fell 34 percent on steep currency declines and shrinking demand for accessories like the computer mouse on which it built its global brand name. Logitech has refocused on new lines like wireless music speakers, videoconferencing and video game...

  • April 15- SanDisk Corp forecast a steeper-than-expected fall in full-year revenue and said it plans to cut jobs to reduce costs, as the data storage products maker struggles to meet demand for its flash-based memory products. Shares of SanDisk, which makes products for cloud computing and datacenters as well as for smartphones and other mobile devices, fell 6...

  • April 15- Memory chipmaker SanDisk Corp reported a fall in quarterly revenue, its first in two years, hurt by lower pricing, lean inventory and weaker-than-expected sales of storage products used in data centers. SanDisk's adjusted profit also fell short of analysts' average estimate, sending the company's shares down about 1 percent in after market trading.

  • April 6- Data storage products maker SanDisk Corp, whose stock has lost 40 percent since touching a record high in July, has become a potential target for companies looking to boost their presence in the enterprise market, analysts said. The stock's sell off has left SanDisk with a market value of about $13 billion as of Thursday's close, making the company "an...

  • LOS ANGELES, March 13- Chinese automaker BYD Co Ltd, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. That means BYD could ramp up from 10 GWh capacity at the end of this year to about 34 GWh of batteries by the beginning of 2020....

  • Xerox's profit beats Street on lower costs Friday, 30 Jan 2015 | 10:34 AM ET
    Xerox

    Xerox reported a slightly better-than-expected quarterly profit as expenses declined 4 percent.