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.» Read More
The company, whose customers include hard disk drive and flash drive makers Western Digital Corp, Seagate Technology and Toshiba Corp, also reported better-than-expected results for the third quarter. Marvell said it expected an adjusted profit of 23- 27 cents per share for the current quarter on revenue of $880 million to $920 million.
Nov 20- Short-seller Citron Research questioned voxeljet AG's quarterly results, saying the Germany- based 3 D printer maker provided loans to customers to generate sales and avoid posting a loss in its first results as a public company. Voxeljet makes large 3 D printers for prototyping and counts Daimler AG, Ford Motor Co and 3 M Co as customers.
Nov 20- Short-seller Citron Research questioned voxeljet AG's quarterly results, saying the Germany- based 3 D printer maker provided loans to customers to generate sales and avoid posting a loss in its first results as a public company. Shares of Voxeljet, which went public in a rousing debut last month, plunged as much as 23 percent Wednesday afternoon.
By Maytaal Angel and Susan Thomas. LONDON, Nov 7- The London Metal Exchange, aiming to appease critics of its global storage network, on Thursday slashed the maximum queues for metal, beefed up its powers to act against market abuse and will review its agreement with warehouse owners.
Oct 29- 3 D Systems Corp cut its earnings forecast for 2013 as it spends more on research and expanding its retail presence, sending its shares down 7 percent in premarket trading. 3 D Systems said it was also investing in developing new products and growing capacity at metal 3 D printer maker Phenix Systems, which it acquired in July.
Oct 24- Western Digital Corp, the world's No.1 hard-disk drive maker, reported a stronger-than-expected quarterly profit as it sold more higher-margin products to businesses and consumers.
Oct 24- Western Digital Corp, the world's No.1 hard-disk drive maker, reported a quarterly profit that beat market estimates as it sold more higher-margin products to enterprise customers. Net income fell to $495 million, or $2.05 per share, in the quarter ended Sept. 27 from $519 million, or $2.06 per share, a year earlier. Analysts had expected $2.05 per share.
Oct 23- LSI Corp reported lower-than-expected revenue for the third quarter as demand for its storage chips fell, sending its shares down about 5 percent in extended trading. Revenue dropped about 3 percent to $607 million, missing the average market estimate of $611.4 million, according to Thomson Reuters I/B/E/S.
Oct 22- EMC Corp, the world's largest data storage equipment maker, cut its full-year forecast because of the two-week U.S. government shutdown, sending its shares down 4 percent. EMC, which reported lower-than-expected quarterly results, said the shutdown caused it to miss its revenue estimate by about $120 million, which it did not expect to recover.
British police smashed an "audacious" and sophisticated plot to take control of the bank Santander UK's computer systems and steal millions of pounds.
Mobile computing is bad news for the hard-drive business, Kynikos Associates founder Jim Chanos told the audience at the Ira Sohn investment conference Tuesday.
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.
IBM reported quarterly earnings and revenue Tuesday that exceeded analysts' predictions. Shares rose after-hours.
There’s little doubt Americans love their electronic devices. But questions remain over whether the affection for tablets and smartphones will ring up a happy holiday.
That may sound strange, but in a world where robots are becoming more common on assembly lines, in manufacturing plants and shipping centers, Baxter takes robotics to a new level.
Industries across the board are embracing the idea of collecting and analyzing data to predict future outcomes as a way to enhance product quality and gain a competitive edge.
If you're worried about how yours might fare during a downturn, consider a recession-proof industry, which caters to ongoing demands.
Because a child’s identity is pristine and often remains unchecked for more than a decade, it is uniquely desirable to identity thieves. Just as appealing to criminals is the fact that a Social Security number with a clean history can be attached to any name or date of birth.
The visionary behind the iPod, iPhone and iPad was considered a brilliant but ruthlessly efficient manager, but Steve Jobs was never a force for deal making, The New York Times reports.
The federal government plans to shut 40 percent of its computer centers over the next four years to reduce its hefty technology budget and modernize the way it uses computers to manage data and provide services to citizens. The New York Times reports.