Thursday, 24 May 2012 | Source: The Associated Press
Shares of NetApp Inc. slid to their lowest point in two-and-a-half years Thursday after the technology company disappointed investors with its outlook.
(Reuters) - Data storage equipment maker NetApp Inc's <NTAP.O> gloomy first-quarter forecast, driven by worries over weak demand in Europe and fiercer competition, prompted brokerages to cut their rating and price target on the stock.
SAN FRANCISCO (Reuters) - NetApp Inc <NTAP.O> on Wednesday forecast revenue below Wall Street's expectations and its chief executive warned of uncertainty in Europe, sending the data storage equipment maker's shares down 18 percent in after-hours trade.
SAN FRANCISCO (Reuters) - NetApp Inc <NTAP.O> forecast revenue below expectations and its CEO warned he is cautious about the outlook for business in Europe, sending the data storage equipment maker's shares down nearly 22 percent in after-hours trade.
Wednesday, 23 May 2012 | Source: The Associated Press
Shares of NetApp Inc. tumbled in aftermarket trading Wednesday after the data storage management system maker forecast a disappointing fiscal first quarter, citing "increasing uncertainty" in the global economy.
SAN FRANCISCO (Reuters) - NetApp Inc <NTAP.O> forecast revenue below expectations and its CEO warned he is cautious about the outlook for business in Europe, sending the data storage equipment maker's shares down 22 percent in after-hours trade.
SAN FRANCISCO (Reuters) - Data storage equipment maker NetApp Inc <NTAP.O> forecast revenue below expectations as concerns about the economy weighed on the outlook for business and government spending on information technology, sending its shares down 22 percent in after-hours trade.
SAN FRANCISCO (Reuters) - Data storage equipment maker NetApp Inc <NTAP.O> forecast revenue below expectations as concerns about the economy weighed on the outlook for business and government spending on information technology, sending its shares down 22 percent in after-hours trade.
(Reuters) - Microsoft's long-awaited launch of the Windows 8 OS may not change the fortunes of PC makers, BMO analysts said, lowering their price targets on the stocks of Hewlett-Packard Co and Dell Inc.
(Reuters) - Microsoft's <MSFT.O> long-awaited launch of the Windows 8 OS may not change the fortunes of PC makers, BMO analysts said, lowering their price targets on the stocks of Hewlett-Packard Co <HPQ.N> and Dell Inc <DELL.O>.
Thursday, 10 May 2012 | Posted By:
| Source: CNBC.com
Stocks faded in the final minutes of trading to close mixed Thursday, but the Dow still managed to snap a six-day losing streak. Still, investors continued to be cautious amid ongoing uncertainty in the euro zone and techs dragged following Cisco's disappointing outlook.