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Computer Storage and Peripherals

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  • Feb 26- 3 D printer maker 3 D Systems Corp said it expected higher profits in 2015 as the company planned to "moderate its M&A activities" and focus on leveraging recently-acquired assets. 3 D Systems also forecast 2015 adjusted profit and revenue in line with analysts' estimates. 3 D Systems forecast adjusted profit of 90 cents- $1.10 per share and revenue of $850...

  • Feb 26- 3 D printer maker 3 D Systems Corp reported a lower-than-expected quarterly profit as the company invested heavily in research and development and acquisitions. 3 D Systems' operating expenses jumped about 38 percent in the fourth quarter as the company spent on increasing production capacity and enhancing its technology infrastructure.

  • SAN FRANCISCO, Feb 16- The U.S. National Security Agency has figured out how to hide spying software deep within hard drives made by Western Digital, Seagate, Toshiba and other top manufacturers, giving the agency the means to eavesdrop on the majority of the world's computers, according to cyber researchers and former operatives. That long-sought and closely...

  • SAN FRANCISCO, Feb 16- The U.S. National Security Agency has figured out how to hide spying software deep within hard drives made by Western Digital, Seagate, Toshiba and other top manufacturers, giving the agency the means to eavesdrop on the majority of the world's computers, according to cyber researchers and former operatives. That long-sought and closely...

  • *Seiko Epson, Konica Minolta dive after earnings. TOKYO, Feb 2- Japanese share prices fell on Monday after economic data from the U.S. and China cast shadows on the global economic outlook, while shares in two printer manufacturers tumbled after their earnings disappointed investors. Printer maker Seiko Epson fell 10.6 percent and rival Konica Minolta dropped...

  • 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.

  • Jan 30- Xerox Corp, best known for its printers and copiers, reported a slightly better-than-expected quarterly profit as expenses declined 4 percent. Restructuring and better productivity led to higher margins, Xerox said on Friday. Xerox said last month it was selling its information technology outsourcing arm to French IT services firm Atos SE for $1.05...

  • Xerox revenue falls as printer sales decline Friday, 30 Jan 2015 | 7:00 AM ET

    Jan 30- Xerox Corp, best known as a maker of printers and copiers, reported a 3.5 percent fall in quarterly revenue as printer sales declined. Net income attributable to Xerox fell to $156 million, or 13 cents per share, for the fourth quarter ended Dec. 31 from $306 million, or 24 cents per share, a year earlier. Revenue fell to $5.03 billion from $5.21 billion.

  • Jan 27- Western Digital Corp, the world's No. 1 hard-disk drive maker, reported second-quarter results slightly ahead of Wall Street expectations on strong demand for its solid-state drives from enterprise customers. "Every enterprise drive sold contributes the equivalent of what 4-6 desktop drives sold... enterprise drive shipments were up, average selling...

  • Weak retail business in Europe hits Seagate revenue Monday, 26 Jan 2015 | 1:40 PM ET
    Earnings report

    Seagate Technology's revenue forecast for the current quarter fell well short of analyst estimates, largely due to weakness in Europe.

  • Jan 26- Hard-drive maker Seagate Technology Plc's revenue forecast for the current quarter fell well short of analyst estimates, largely due to weakness in Europe, sending the company's shares down almost 12 percent in early trading. Seagate's retail business in Europe, which accounts for about 20 percent of the company's revenue, shrank about 5 percent in the...

  • Jan 26- Hard-drive maker Seagate Technology Plc reported quarterly revenue below analysts' estimates, hurt by lower demand for its products as shipments of personal computers fell. Seagate and rival Western Digital Corp are tapping into the growing demand for products that help store data in the cloud and reducing their dependence on personal computer hard...

  • Jan 26- Hard-drive maker Seagate Technology Plc's quarterly revenue rose 4.8 percent, helped by higher demand for its cloud storage products. The net income attributable to Seagate rose to $933 million, or $2.78 per share, in the second quarter ended Jan. 2 from $428 million, or $1.24 per share, a year earlier. Revenue rose to $3.70 billion from $3.53 billion.

  • Jan 21- Memory chipmaker SanDisk Corp forecast current-quarter and full-year 2015 revenue well below Wall Street expectations, saying it would be unable to meet demand for flash memory storage chips until mid-year due to lean inventory levels. SanDisk's failure to add production capacity in the past two years has led to the weaker-than-expected forecast,...

  • Jan 21- Memory chipmaker SanDisk Corp forecast current-quarter and full-year 2015 revenue well below Wall Street expectations, saying it would be unable to meet demand for flash memory storage chips until the mid-year, due to lean inventory levels. Shares of the company, which supplies memory chips for Apple Inc's iPhones, fell about 8 percent to $74.05 in...

  • UPDATE 2-SanDisk's memory chip sales weak, shares fall Monday, 12 Jan 2015 | 11:38 AM ET

    Jan 12- SanDisk Corp said it expects fourth-quarter revenue to be lower than its forecast, citing weaker-than-expected sales of retail products and flash memory storage chips. SanDisk's warning also spooked investors in rival Micron Technology, whose stock was down 5 percent. Analysts said SanDisk's weak revenue forecast was partly due to a glut in the...

  • SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 11:01 AM ET
    SanDisk iXpand

    SanDisk said it expects revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips.

  • UPDATE 1-SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 10:09 AM ET

    Jan 12- SanDisk Corp said it expects fourth-quarter revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips. SanDisk, which is increasingly using its chips to build and sell solid-state drives directly to companies and consumers, had already warned of supply constraints for the quarter.

  • NEW YORK, Dec 17- BlackBerry Ltd launched its long-awaited Classic device on Wednesday, a smartphone it hopes will help it win back market share and woo those still using older versions of its physical keyboard devices. The Waterloo, Ontario- based mobile technology said the new device, which bears a striking similarity to its once-bestselling Bold and Curve...

  • FBI SAYS THAT DESTRUCTIVE MALWARE IS CAPABLE OF WIPING DATA ON HARD DRIVES, MAKING IT EXTREMELY DIFICULT, IF NOT IMPOSSIBLE TO RECOVER DATA.