Fusion-io Inc (NYSE:FIO) announced that Michael Mendenhall has joined the company as executive vice president and chief marketing and communications officer. Mendenhall formerly served as senior vice president and global chief marketing officer at Hewlett Packard. Before HP, Mendenhall spent 17 years at the Walt Disney Company, culminating in his positions as president of marketing and synergy for Walt Disney Studios and EVP of global marketing for Walt Disney Parks and Resorts. Fusion-IO, Inc. (NYSE:FIO) net profit margin is -24.80% and weekly performance is 2.73%. On last trading day company shares ended up $8.29. Analysts mean target price for the company is $11.97. Fusion-IO, Inc. (NYSE:FIO) distance from 50-day simple moving average (SMA50) is -17.50%.
Dot Hill Systems Corp. (NASDAQ:HILL) a trusted supplier of innovative enterprise class storage systems, announced Dana Kammersgard, the company’s president and chief executive officer, and Hanif Jamal, the company’s chief financial officer, will provide an overview of the company at the 15th Annual B. Riley & Co. Investor Conference, being held at the Loews Santa Monica Beach Hotel, Santa Monica, CA on Monday, May 19, 2014 at 3:00 p.m. Pacific Time. Management will also be available for one-on-one meetings and interested parties may schedule meetings through their B. Riley representative. Dot Hill Systems Corp. (NASDAQ:HILL) shares advanced 2.51% in last trading session and ended the day on $3.67. HILL Gross Margin is 32.00% and its return on assets is 4.50%. Dot Hill Systems Corp. (NASDAQ:HILL) quarterly performance is -25.25%.
Imation Corp. (NYSE:IMN) shareholders came within inches this week of voting down the company’s nonbinding proposal on executive compensation. Next time, shareholders need to give serious thought to voting against the directors up for election, too. Imation Corp. (NYSE:IMN) shares moved down -0.27 % in last trading session and was closed at $3.70, while trading in range of $3.63 – $3.74. Imation Corp. (NYSE:IMN) year to date (YTD) performance is -20.94%.
Seagate Technology plc (NASDAQ:STX) a world leader in storage solutions, announced it is expanding the open source program associated with its Seagate® Kinetic Open Storage platform to include API (application programming interface) and libraries. By expanding the platform’s open source initiatives, the company is taking the next big step in fully-enabling software and hardware partners to leverage the new key/ value programing interface and integrate it into cloud software stacks, additional devices and new systems. Seagate Technology PLC (NASDAQ:STX) ended the last trading day at $51.25. Company weekly volatility is calculated as 2.42% and price to cash ratio as 7.26. Seagate Technology PLC (NASDAQ:STX) showed a positive weekly performance of 2.52%.