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BUSINESS BRIEFS.(TO THE POINT)
TECHNOLOGY
Garmin earnings rose 56% in Q1
The maker of global positioning devices beat views by 8 cents with a profit of 39 cents a share. Sales grew 23% to $123.8 mil. Garmin expects to earn 40-43 cents in Q2. Analysts see 40 cents. It upped its full-year view to $1.54-$1.60 from its old forecast of $1.45-$1.54. Garmin shot up 8% to a new high of 42.36.
Hardware trio gets downgrades
Banc of America Securities cut EMC and Network Appliance to sell and Dell to neutral on valuation. An EMC-Microsoft pact also threatens Network Appliance. And BofA says it's still too early to declare a rebound in tech spending. EMC fell 4%, Network Appliance fell 8% and Dell fell nearly 3%.
** Dell COO Kevin Rollins sees no change in sluggish tech spending. But the Iraq war had little impact, and SARS' impact on business is "a little overplayed."
** Dell is working with Silicon Valley start-up Good Technology on a new wireless handheld to take on Research in Motion's BlackBerry. Meanwhile, Dell will sell Good's G100 device.
- Network Appliance Partnerships Strengthen Full-line Enterprise Storage...
- Press release article from: Business Wire October 1, 2002 700+ words
...BUSINESS WIRE)--Oct. 1, 2002 Network Appliance, Inc. (Nasdaq:NTAP) today announced...portfolio. These partnerships allow Network Appliance to offer customers the broadest range...flexibility and firmly establishes Network Appliance as the leading full-line enterprise...
- NETWORK APPLIANCE: Network Appliance's F760 filer passes SAP R/3 testing.
- Press release article from: M2 Presswire March 15, 1999 700+ words
M2 PRESSWIRE-15 March 1999-NETWORK APPLIANCE: Network Appliance's F760 filer passes SAP R/3 testing (C...R/3 Customers SANTA CLARA, Calif. US -- Network Appliance, Inc. (NASDAQ: NTAP), the leading provider...
- NETWORK APPLIANCE: Unigraphics Solutions expands da data storage offerings with...
- Press release article from: M2 Presswire September 22, 1999 700+ words
...M2 PRESSWIRE-22 September 1999-NETWORK APPLIANCE: Unigraphics Solutions expands data...offerings through a partnership with Network Appliance (C)1994-99 M2 COMMUNICATIONS...Unigraphics Solutions certifies Network Appliance's Management Storage Solution For...
- Network Appliance Signs Leading Distribution Partners, Enabling North American...
- Press release article from: Business Wire July 14, 2003 700+ words
...Distribution Model to Strengthen Network Appliance Expansion into Regional and Specialized Markets Network Appliance, Inc. (Nasdaq:NTAP), a...resellers (VARs) market and sell Network Appliance(TM) enterprise storage solutions...
- Network Appliance Increases Investment in India; Adds Engineering and Customer...
- Press release article from: Business Wire April 28, 2003 700+ words
...Calif.--(BUSINESS WIRE)--April 28, 2003 Network Appliance, Inc. (Nasdaq:NTAP) Names Manish Goel as President of the Network Appliance India Technology Operation Network Appliance, Inc. (Nasdaq:NTAP) announced today that...
- NETWORK APPLIANCE: Network Appliance helps its customers get tuned-up for...
- Press release article from: M2 Presswire April 28, 1999 700+ words
M2 PRESSWIRE-28 April 1999-NETWORK APPLIANCE: Network Appliance helps its customers get tuned-up for Windows...s Commitment to Microsoft Windows NT and CIFS Network Appliance, Inc. (NASDAQ: NTAP), the leading provider...
- Network Appliance completes acquisition of Spinnaker Networks; Expanded...
- Press release article from: M2 Presswire February 19, 2004 700+ words
M2 PRESSWIRE-19 February 2004-NETWORK APPLIANCE: Network Appliance completes acquisition of Spinnaker Networks; Expanded offering accelerates Network Appliance vision for "Storage Grid" architecture(C)1994-2004 M2 COMMUNICATIONS LTD...
- Network Appliance Becomes Full-line Enterprise Storage Solutions Supplier.
- Press release article from: Business Wire October 1, 2002 700+ words
...Company into Full-Line Storage Arena Network Appliance, Inc. (Nasdaq:NTAP) unveiled...event held in New York City today. Network Appliance promoted a vision and strategy that...today, the company also revealed how Network Appliance has become a full-line enterprise...