EMC Corporation (NYSE:EMC) just announced a new addition to the VNXe product line, an entry-level VNXe3200 storage array that starts out under $12,000. Available in Q2 of 2014, the new VNXe3200 is touted to be three times the performance of the previous VNXe models. It is designed to take advantage of new flash technology via the EMC FAST (Fully-Automated Storage Tiering) software which makes it well suited for virtual applications. Each VNXe has a maximum capacity of 200TB and is capable of both NAS and SAN. Several pre-configured bundles are available on the EMC online store and the entry-level bundle appears to be configured for 3.6TB of raw capacity. EMC Corporation (NYSE:EMC) shares after opening at $25.62 moved to $25.87 on last trade day and at the end of the day closed at $ 25.69 . Company price to sales ratio in past twelve months was calculated as 2.26 and price to cash ratio as 6.37. EMC Corporation (NYSE:EMC) showed a positive weekly performance of 0.86%.
Brocade Communications Systems, Inc. (NASDAQ:BRCD)’s shares dropped 3.97% to $8.94. The company held its annual meeting of stockholders on April 8, 2014 in San Jose, California. Of the 434,171,468 shares outstanding as of the record date, 395,528,650 shares (approx. 91.10%) were present or represented by proxy at the Annual Meeting. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares advanced -0.89% in last trading session and ended the day on $8.86. BRCD return on equity ratio is recorded as 13.40% and its return on assets is 8.70%. Brocade Communications Systems, Inc. (NASDAQ:BRCD) yearly performance is 68.44%.
Shares of SanDisk Corporation (NASDAQ:SNDK) were the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 16,433,750 shares, a drop of 13.2% from the March 31st total of 18,941,773 shares, AnalystRatings.NET reports. Based on an average trading volume of 4,790,060 shares, the short-interest ratio is presently 3.4 days. SanDisk Corporation (NASDAQ:SNDK) shares moved up 0.69% in last trading session and was closed at $85.64 while trading in range of $85.07 – $86.56 – SanDisk Corporation (NASDAQ:SNDK) year to date (YTD) performance is 22.13%.
After market close on Wednesday, May 21, 2014, NetApp Inc (NASDAQ:NTAP) will announce financial results for the fourth quarter and fiscal year 2014, which ended April 25, 2014. NetApp executive management will host a conference call at 2:00 p.m. Pacific Time to discuss these results and provide their perspective on market dynamics. The call will be broadcast live via the Internet. NetApp Inc. (NASDAQ:NTAP) weekly performance is 1.54%. On last trading day company shares ended up $35.54. NetApp Inc. (NASDAQ:NTAP) distance from 50-day simple moving average (SMA50) is -4.77%. Analysts mean target price for the company is $42.89.
Fusion-IO Inc (NYSE:FIO)‘s stock had its “neutral” rating reaffirmed by equities researchers at Bank of America in a research report issued on Thursday, American Banking and Market News reports. Fusion-IO, Inc. (NYSE:FIO) shares after opening at $8.69 moved to $8.86 on last trade day and at the end of the day closed at $8.61 . Company price to sales ratio in past twelve months was calculated as 2.45 and price to cash ratio as 3.76. Fusion-IO, Inc. (NYSE:FIO) showed a positive weekly performance of 0.12%.
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