Watch List: Brocade Communications Systems (NASDAQ:BRCD), Imation Corp. (NYSE:IMN), Overland Storage Inc (NASDAQ:OVRL), EMC Corporation (NYSE:EMC), NetApp (NASDAQ:NTAP)

Posted by on Jul 07, 2014

Brocade Communications Systems (NASDAQ:BRCD) CEO Lloyd Carney sold 23,711 shares of the stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $9.25, for a total transaction of $219,326.75. Following the completion of the sale, the chief executive officer now directly owns 23,710 shares in the company, valued at approximately $219,318.Brocade Communications Systems, Inc. (NASDAQ:BRCD) net profit margin is 11.40% and weekly performance is 2.91%. On last trading day company shares ended up $9.54. Analysts mean target price for the company is $9.62. Brocade Communications Systems, Inc. (NASDAQ:BRCD) distance from 50-day simple moving average is 6.45%.

Imation Corp. (NYSE:IMN) is scheduled to release the Company’s second quarter 2014 financial results on Thursday, July 31, 2014 at 6:00 a.m. Central time. A teleconference for the financial community and a live webcast are scheduled from 9:00 to 10:00 a.m. Central time.Imation Corp. (NYSE:IMN) shares advanced 1.69% in last trading session and ended the day on $3.62. IMN Gross Margin is 22.10% and its return on assets is -6.40%. Imation Corp. (NYSE:IMN) quarterly performance is -38.54%.

On Jun 16, 2014 Overland Storage Inc (NASDAQ:OVRL) , a trusted global provider of unified data management and data protection solutions across the data lifecycle, announced that its NEO 8000e Tape Library was named ‘Product of the Year’ in the Tape-Based category at the 2014 Storage Awards held in London. In addition, the company’s Tandberg Data StorageLibrary T40+ was honored as a runner-up in the competition.Overland Storage Inc (NASDAQ:OVRL) shares moved up 0.21% in last trading session and was closed at $4.85, while trading in range of $4.80-$4.91. Overland Storage Inc (NASDAQ:OVRL) year to date performance is -21.14%.

A massive cybercrime ring in Brazil may have stolen billions of dollars from a widely used online payment system, a technology security company said.The RSA Security division of EMC Corporation (NYSE:EMC) said in a research report released on Wednesday that a “malware-based fraud ring” had infiltrated the online payment method known as the boleto, diverting payments to accounts held by members of the ring. EMC Corporation (NYSE:EMC) ended the last trading day at $26.92. Company weekly volatility is calculated as 1.17% and price to cash ratio as 6.68. EMC Corporation (NYSE:EMC) showed a positive weekly performance of 2.94%.

NetApp (NASDAQ:NTAP) had its price objective raised by Pacific Crest from $40.00 to $41.00 in a research report released on Wednesday morning. Pacific Crest currently has an outperform rating on the stock.NetApp Inc. (NASDAQ:NTAP) net profit margin is 10.10% and weekly performance is 5.73%. On last trading day company shares ended up $37.83. Analysts mean target price for the company is $38.59. NetApp Inc. (NASDAQ:NTAP) distance from 50-day simple moving average is 6.25%.

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