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Stocks Drop 1%, Dow Falls 150 as Bernanke Speaks

Computer Storage and Peripherals

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  • *Firmer yen, weak U.S. and China data dent exporters& industrials. *BNP Paribas, Nomura lift year-end Nikkei target.

  • Semiconductors May Be Having an Existential Crisis Thursday, 11 Apr 2013 | 12:13 PM ET
    NXP Semiconductors

    IDC report shows much greater declines in PC shipments than expected, but a long piece on the semiconductor industry by Barclays is also getting a lot of attention.

  • INTERVIEW-3D printer maker ExOne eyes 50 pct gross margin Wednesday, 10 Apr 2013 | 10:15 AM ET

    April 10- ExOne Co, the 3 D printer maker that went public in February, expects its gross margin to exceed 50 percent within three years, catching up with those of its main competitors, the company's chief executive said.

  • *Italy energy storage market to be worth 3 bln euros in 2020- BIP. Italy has some of the highest power prices in Europe and is looking at how to cut costs to allow its businesses to compete. "Germany and Italy will be explosive markets for residential storage and big energy users are also starting to show an interest.

  • Solar batteries could be utilities' next headache Friday, 8 Mar 2013 | 3:49 AM ET

    *Italy energy storage market to be worth 3 bln euros in 2020- BIP. Italy has some of the highest power prices in Europe and is looking at how to cut costs to allow its businesses to compete. "Germany and Italy will be explosive markets for residential storage and big energy users are also starting to show an interest.

  • HP eyes tablet comeback with Android-backed Slate 7 Sunday, 24 Feb 2013 | 4:39 PM ET

    Feb 24- Hewlett-Packard Co announced the launch of a $169 tablet powered by the Android operating system, a centerpiece of the company's effort to expand in mobile devices and reduce its dependence on the shrinking personal computer market.

  • *Facebook, Apple bulk orders shift by two quarters. Jan 30- Fusion-io Inc slashed its fiscal 2013 revenue forecast as key customers Facebook Inc and Apple Inc delayed orders, sending the storage drive maker's shares down 21 percent after the bell.

  • Jan 30- Storage drive maker Fusion-io Inc forecast current-quarter revenue below analysts' estimates as Facebook Inc and Apple Inc delayed bulk orders, sending its shares down 21 percent after the bell. Facebook accounted for 30 percent of Fusion-io's total sales of $359.3 million in the year ended June 30, while Apple accounted for 25 percent.

  • Jan 30- Storage drive maker Fusion-io Inc forecast current-quarter revenue below analysts' estimates, sending its shares down about 21 percent after the bell. Fusion-io, whose competitors include OCZ Technology Group Inc and Stec Inc, said it expects third-quarter sales of about $80 million, much lower than the average analyst expectation of $137.2 million.

  • TIMELINE-From RIM to BlackBerry, a company in transition Wednesday, 30 Jan 2013 | 11:31 AM ET

    Jan 30- Research In Motion Ltd has launched its new line of re-engineered BlackBerry smartphones, taking the wraps off the long-delayed devices at a series of events around the world on Wednesday.

  • Like other memory chipmakers, SanDisk has been hurt in recent quarters by a drop in prices for NAND flash chips used in smartphones, cameras, storage drives and tablets to store data such as movies and photos.

  • UPDATE 2-SanDisk results top estimates, stock higher Wednesday, 23 Jan 2013 | 5:09 PM ET

    Like other memory chipmakers, SanDisk has been hurt in recent quarters by a drop in prices for NAND flash chips used in smartphones, cameras, storage drives and tablets to store data such as movies and photos. In its earnings report on Wednesday, SanDisk said its growing solid-state drive business accounted for 10 percent of fourth-quarter revenue.

  • SAN FRANCISCO, Jan 23- Chipmaker LSI Corp posted fourth-quarter revenue that was above expectations despite slow PC sales and a weak economy that have created uncertainty around demand for storage controllers. LSI estimated current-quarter revenue from continuing operations would be between $535 million and $575 million.

  • UPDATE 1-SanDisk's quarterly revenue tops expectations Wednesday, 23 Jan 2013 | 4:33 PM ET

    Like other memory chipmakers, SanDisk has been hurt in recent quarters by a drop in prices for NAND flash chips used in smartphones, cameras, storage drives and tablets to store data such as movies and photos. In its earnings report on Wednesday, SanDisk said its growing solid-state drive business accounted for 10 percent of fourth-quarter revenue.

  • IBM Earnings and Revenue Exceed Expectations Tuesday, 22 Jan 2013 | 4:19 PM ET
    IBM, New York

    IBM reported quarterly earnings and revenue Tuesday that exceeded analysts' predictions. Shares rose after-hours.

  • *Newfoundland lawyer preparing class action lawsuit. OTTAWA, Jan 16- A Newfoundland lawyer said he will launch a class action lawsuit on Thursday against the Canadian government which lost a portable external hard drive containing the personal information of 583,000 Canada Student Loan borrowers.

  • WASHINGTON, Jan 16- The U.S. Securities and Exchange Commission has become more aggressive in seeking full hard drives from the companies and individuals it investigates, startling defense lawyers who question whether the agency is allowed to obtain such information.

  • Marvell has options as it faces $1 bln patent verdict Thursday, 27 Dec 2012 | 6:55 PM ET

    NEW YORK, Dec 27- As Marvell Technology Group Ltd embarks on a legal process to void a $1.17 billion damages verdict in a patent dispute with Carnegie Mellon University, it has some reasons to be optimistic.

  • Jury orders Marvell to pay $1.17 bln in patent case Wednesday, 26 Dec 2012 | 3:19 PM ET

    Dec 26- A federal jury on Wednesday ordered Marvell Technology Group Ltd to pay $1.17 billion in damages in a patent infringement lawsuit brought by Carnegie Mellon University, court records show.

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Wednesday, 19 Jun 2013 | 6:31 AM ET

John Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.

Wednesday, 19 Jun 2013 | 8:53 AM ET

Ken Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."