EMC Corporation (NYSE:EMC) and IDC together announced how wireless technologies and software-defined business will transform the data storage market. EMC Corporation (NYSE:EMC) shares after opening at $26.82 moved to $26.99 on last trade day and at the end of the day closed at $26.92. Company price to sales ratio in past twelve months was calculated as 2.35 and price to cash ratio as 5.12. EMC Corporation (NYSE:EMC) showed a negative weekly performance of -1.68%.
Fusion-io (NYSE:FIO) announced that it will report financial results for the fiscal third quarter 2014 after the U.S. financial markets close on Wednesday, April 23, 2014. Fusion-IO, Inc. (NYSE:FIO) shares advanced 1.10% in last trading session and ended the day on $9.16. FIO return on equity ratio is recorded as -19.10% and its return on assets is -15.60%. Fusion-IO, Inc. (NYSE:FIO) yearly performance is -37.69%.
Equities research analysts at SunTrust initiated coverage on shares of Brocade Communications Systems (NASDAQ:BRCD) in a research note issued to investors on Thursday, AmericanBankingNews.com reports. The firm set a “neutral” rating and an $11.00 price target on the stock. SunTrust’s price objective suggests a potential upside of 15.18% from the company’s current price. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares moved up 0.94% in last trading session and was closed at $9.64, while trading in range of $9.49 – $9.71. Brocade Communications Systems, Inc. (NASDAQ:BRCD) year to date (YTD) performance is 8.68%.
Deutsche Bank began coverage on shares of NetApp (NASDAQ:NTAP) in a report issued on Thursday, TheFlyOnTheWall.com reports. The firm issued a hold rating and a $36.00 target price on the stock. NetApp Inc. (NASDAQ:NTAP) weekly performance is -0.03%. On last trading day company shares ended up $36.99. NetApp Inc. (NASDAQ:NTAP) distance from 50-day simple moving average (SMA50) is -4.54%. Analysts mean target price for the company is $43.48.
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