NetApp posts higher 1st-quarter profit, names Tom Georgens new CEOAugust 19th, 2009 NetApp posts higher 1Q profit, names new CEOSUNNYVALE, Calif. — Data storage company NetApp Inc.
NetApp names Tom Georgens CEO, replacing Dan WarmenhovenAugust 19th, 2009 NetApp names Tom Georgens CEOSUNNYVALE, Calif. — Data storage company NetApp Inc.
EMC to buy Data Domain, NetApp drops out of biddingJuly 8th, 2009 EMC buys Data Domain, NetApp drops out of biddingA bidding war over data storage company Data Domain is over, with EMC emerging as the victor. Data Domain Inc.
EMC to buy Data Domain for $2.1B, NetApp drops out of bidding warJuly 8th, 2009 EMC wins bidding war in $2.1B deal for Data DomainSAN JOSE, Calif. — For the last month and a half, a fierce bidding contest has lit up a staid but increasingly critical part of the computing world.
Supervalu says President, COO Mike Jackson to retire; retail realignment plannedJuly 8th, 2009 Supervalu says President, COO Jackson to retireMINNEAPOLIS — Supervalu said Wednesday its President and Chief Operating Officer Mike Jackson will retire effective August 14. The grocer plans to realign its retail business following his departure.
Bemis, Alcoa, American Express, Data Domain are among big market movers MondayJuly 6th, 2009 Bemis, Alcoa, Data Domain are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Bemis Co., up $1.22 at $25.50
The company, which makes clear plastic packages, is paying $1.2 billion for the global packaging business of Rio Tinto PLC. Bank of America Corp., down 49 cents at $12.15
An analyst said the lender faces a 10 percent jump in uncollectible loans when it reports second-quarter earnings.
Rebuffed EMC boosts bid for Data Domain, topping rival bid its target has accepted from NetAppJuly 6th, 2009 EMC hikes offer for Data Domain, bidding escalatesNEW YORK — Firing the latest salvo in a bidding brawl, data storage company EMC Corp. boosted its offer for Data Domain which has already accepted a lower bid from NetApp Inc.
AIG, General Mills, MetroPCS, Myriad Genetics are among big market movers WednesdayJuly 1st, 2009 AIG, General Mills, MetroPCS are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down $5.12 at $18.08
At the battered insurers annual meeting Tuesday, investors approved a reverse 20-for-1 stock split meant to boost the share price. OshKosh Corp., up $3.89 at $18.43
The specialty vehicle maker beat out three rivals for an Army order of 2,244 bomb-resistant vehicles worth $1.06 billion.
Boeing, Boston Scientific, Huntsman, Kroger are among big market movers TuesdayJune 23rd, 2009 Boeing, Boston Scientific, Huntsman are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Boeing Co., down $3.03 at $43.87
The aerospace giant said technical issues would again delay the first test flight of its next-generation, long-anticipated 787 plane. Kroger Co., down 2 cents at $21.76
The grocery chain's first quarter profit jumped 12.7 percent as sales of its store brands grew to 35 percent of grocery items sold.
NetApp claims victory in bidding war for Data Domain with $1.9B dealJune 4th, 2009 NetApp claims victory in bidding for Data DomainSAN FRANCISCO — NetApp Inc. has claimed victory over EMC Corp.
Toll Brothers, Sallie Mae, JetBlue, Data Domain, TiVo among big market movers WednesdayJune 3rd, 2009 Toll Brothers, Sallie Mae, JetBlue are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Toll Brothers Inc., down $1.29 at $18.24
The luxury homebuilder said it lost $83 million in the second quarter as sales dropped by half and didn't give a profit outlook. Williams Sonoma Inc., down $1.20 at $13.50
The upscale home decor chain posted a loss in its first quarter as sales tumbled 22 percent, but reiterated its forecast for the year.
Walgreen, GlaxoSmithKline, Barclays, Pepsi Bottling Group among big market movers TuesdayJune 2nd, 2009 Walgreen, GlaxoSmithKline, Barclays are big moversNEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Walgreen Co., up 48 cents at $31.62
The drugstore operator said its same-store sales rose 1 percent in May, helped by a jump in pharmacy sales. Pepsi Bottling Group Inc., up 96 cents at $34.17
The bottler lifted its full-year earnings outlook for the second time in less than two months, citing the decline of commodity costs.
Grocer Supervalu appoints Wal-Mart executive Herkert as CEOMay 8th, 2009 Supervalu appoints Wal-Mart leader as its CEOMINNEAPOLIS — Supervalu Inc. on Wednesday announced that it has appointed Wal-Mart executive Craig Herkert as its new chief executive officer.
Grocer Supervalu appoints Wal-Mart executive Herkert as CEOMay 6th, 2009 Supervalu appoints Wal-Mart leaders as its CEOMINNEAPOLIS — Supervalu Inc. on Wednesday announced that it has appointed Wal-Mart executive Craig Herkert as its new chief executive officer.
Supervalu loses $201M in 4th-quarter on charges, but adj. results beat analysts' estimatesApril 23rd, 2009 Supervalu loses $201 million in 4th-quarterMINNEAPOLIS — Supervalu Inc., one of the nation's largest grocery chains, says it lost $201 million in its fiscal fourth-quarter mostly because of hefty goodwill and asset impairment charges. Adjusted results managed to top analysts' estimates.