Recently EMC Corporation (NYSE:EMC) has predicted that India holds a huge potential to have a huge digital universe. With digital universe, the company means the volume of data used in the country. EMC Corporation (NYSE:EMC) spotted some reasons as to why it thinks so and believes that if India keeps on walking this way, it will soon be galloping in terms of expanding its digital universe. EMC Corporation (NYSE:EMC) net profit margin is 11.60% and weekly performance is 0.15%. On last trading day company shares ended up $26.65. Analysts mean target price for the company is $30.04. EMC Corporation (NYSE:EMC) distance from 50-day simple moving average (SMA50) is 0.83%.
NetApp Inc.(NASDAQ:NTAP) has got something to cheer up for this quarter even though the company lost a storage deal with International Business Machines Corp (NYSE:IBM). IBM announced it would end its storage solutions deal with NetApp in May 2014. Sources reveal that IBM accounted for about 2 percent of NetApp’s revenue. However, NetApp just landed a deal with ING Vysya. NetApp Inc. (NASDAQ:NTAP) shares fell -0.25% in last trading session and ended the day on $35.74. Gross Margin is 62.00% and its return on assets is 7.00%. NetApp Inc. (NASDAQ:NTAP) quarterly performance is -5.07%.
Brocade Communications Systems Inc (NASDAQ:BRCD) VP Ken Cheng unloaded 12,844 shares of the company’s stock on the open market in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $9.15, for a total transaction of $117,522.60. Following the completion of the transaction, the vice president now directly owns 292,625 shares of the company’s stock, valued at approximately $2,677,519. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares moved down -1.09 % in last trading session and was closed at $9.07, while trading in range of $9.06 – $9.25. Brocade Communications Systems, Inc. (NASDAQ:BRCD) year to date (YTD) performance is 2.60%.
On June 5, Fusion-io (Inc NYSE: FIO) announced Atomic Series, the newest flash memory platform featuring breakthrough innovations that achieve unparalleled performance and double the capacity on the smallest available NAND footprint for appliance and server environments. Companies both big and small, from small and medium enterprises (SME) to the Fortune 500 and hyperscale, all rely on Fusion-io to accelerate their applications. Fusion-IO, Inc. (NYSE:FIO) ended the last trading day at $8.52. Company weekly volatility is calculated as 3.69% and price to cash ratio as 4.09. Fusion-IO, Inc. (NYSE:FIO) showed a positive weekly performance of 5.32%.
O June 6, SanDisk Corporation (NASDAQ:SNDK) launched its new SanDisk Extreme PRO SSD, a drive exclusively designed for gamers, media professionals and enthusiast, who prefer to have consistent performance. In a statement SanDisk Corporation said that the new series has the sequential read speeds of 550 megabytes/second (MB/s) and write speeds of up to 520 MB/s. The Extreme PRO, with its 1TB-Class capacity, loads and runs graphics intensive applications and game levels in an extra pace. SanDisk Corporation (NASDAQ:SNDK) net profit margin is 18.10% and weekly performance is 1.05%. On last trading day company shares ended up $98.17. Analysts mean target price for the company is $100.43. SanDisk Corporation (NASDAQ:SNDK) distance from 50-day simple moving average (SMA50) is 13.27%.