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Computer Storage and Peripherals

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  • June 16- SanDisk Corp is buying Fusion-io Inc for about $1.1 billion to add heft to its fast-growing business of providing flash storage drives to companies.

  • SanDisk to buy Fusion-io for $1.1 bln Monday, 16 Jun 2014 | 7:55 AM ET

    June 16- Chipmaker SanDisk Corp said it would buy flash storage device maker Fusion-io Inc for about $1.1 billion. SanDisk's offer of $11.25 per share represents a premium of 21 percent to Fusion-io's Friday close. Fusion-io's shares were trading at $11.35 before the bell on Monday.

  • LOS ANGELES, June 10- Nintendo Co Ltd offered the first glimpse at interactive figurines of Mario and other characters on Tuesday at video gaming expo E3, aiming to fire up sales of its two-year-old Wii U console, which have fallen far short of targets.

  • May 21- NetApp Inc forecast a current-quarter profit below market estimates after reporting a 4 percent fall in quarterly revenue, hurt by lower sales of data storage products. NetApp said it expects an adjusted profit of 53- 58 cents per share on revenue of $1.42- $1.52 billion for the first quarter.

  • May 9- 3 D printer maker Stratasys Ltd reported an adjusted quarterly profit that matched the average market estimate and stuck to its full-year forecast on Friday, disappointing investors who had expected better on both counts.

  • Dropbox was accidentally leaking data: BBC report Tuesday, 6 May 2014 | 12:38 PM ET

    Cloud storage company Dropbox recently corrected a bug that allowed potentially sensitive data to leak to the Internet at large, reported the BBC.

  • Western Digital profit slips on lower sales to PC makers Wednesday, 30 Apr 2014 | 4:51 PM ET

    April 30- Hard-disk drive maker Western Digital Corp reported a 4 percent fall in quarterly profit due to a decrease in sales to personal computer makers. The company's net income fell to $375 million, or $1.55 per share, in the third quarter ended March 28 from $391 million, or $1.60 per share, a year earlier. Excluding items, the company earned $1.94 per share.

  • SAN FRANCISCO, April 16- SanDisk Corp increased its outlook for gross margins in 2014 as fast-growing sales of its high-end solid-state drives helped offset volatile prices for memory chips.

  • *U.S. more liberal in pricing matters than Europe. LONDON, April 4- The way U.S. commodities exchanges are dealing with warehouses could offer a template for the London Metal Exchange to reform its chronically logjammed storage system, the backbone of the world's biggest metals marketplace.

  • 3D printer maker ExOne posts surprise quarterly loss Wednesday, 19 Mar 2014 | 6:37 PM ET

    March 19- 3 D printer maker ExOne Co reported a surprise quarterly loss as it sold fewer high-margin printers and the company forecast 2014 revenue below analysts' estimates. ExOne's gross margin fell to 30.9 percent in the fourth quarter ended Dec. 31 from 49 percent a year earlier.

  • ZURICH, March 6- Computer accessories maker Logitech raised its guidance for the fiscal year starting in April on Thursday, sending its shares up more than 6 percent. Chief Executive Officer Bracken Darrell said in a statement he was confident Logitech was on the right track with its turnaround strategy.

  • National Security Agency contractor Edward Snowden, revealed that the surveillance programme, codenamed Optic Nerve, saved one image every five minutes from randomly selected Yahoo Inc webcam chats and stored them on agency databases. It was not clear, however, whether the NSA had access to the actual database of Yahoo webcam images, the Guardian reported.

  • Marvell forecast first-quarter revenue between $870 and $910 million, above analysts' average estimate of $848.94 million, according to Thomson Reuters I/B/E/S. Marvell said results were softer than it expected in the mobile business in the fourth quarter as some customers delayed product launches.

  • Chipmaker Marvell Technology's revenue rises 20 pct Thursday, 20 Feb 2014 | 4:20 PM ET

    Feb 20- Chipmaker Marvell Technology Group Ltd reported a 20 percent rise in fourth-quarter revenue, helped by strong demand from hard-disk and flash-drives makers. Marvell's net income rose to $106.6 million, or 21 cents per share, in the quarter ended Feb. 1 from $50.2 million, or 9 cents per share, a year earlier.

  • HP tops Wall Street's earnings, revenue forecast Thursday, 20 Feb 2014 | 4:17 PM ET
    Ports on a storage and server tower are displayed during the HP Discover 2013 conference in Las Vegas.

    Hewlett-Packard reported quarterly earnings and revenue that beat analysts' expectations on Thursday.

  • Feb 5- 3 D Systems Corp slashed its profit estimate for 2013, reviving fears of a bubble in the 3 D printing industry and sending its shares down as much as 28 percent. 3 D Systems cut its 2013 adjusted profit estimate to 83- 87 cents per share from 93 cents- $1.03, citing higher spending on research, manufacturing and marketing.

  • Lexmark results beat estimates, shares jump Tuesday, 28 Jan 2014 | 8:51 AM ET

    Jan 28- Printer maker Lexmark International Inc reported better-than-expected quarterly results, helped by higher revenue from its managed print services and software businesses, sending its shares up 7 percent before the bell.

  • Jan 27- Hard-disk drive maker Seagate Technology Plc's second-quarter results missed analysts' estimates as growth slowed in its cloud storage business, sending its shares down 7 percent in extended trading. O'Malley, who counts Google among Seagate's customers, said cloud comprised 10-15 percent of its total revenue in the second quarter ended Dec. 27.

  • Jan 27- Seagate Technology Plc reported a 13 percent decline in quarterly profit as demand fell for its hard-disk drives due to declining personal computer sales. Net income fell to $428 million, or $1.24 per share in the second quarter ended Dec. 27, from $492 million, or $1.30 per share, a year earlier.

  • Gang held over 'audacious' Santander hacking plot Saturday, 14 Sep 2013 | 6:05 AM ET

    British police smashed an "audacious" and sophisticated plot to take control of the bank Santander UK's computer systems and steal millions of pounds.