Welcome!

News Feed Item

Information Technology Equities Stock Update -- Research on Teradata, Fusion-io, Western Digital, and Violin Memory

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 24, 2014 /PRNewswire/ --

The trading session on Friday, March 21, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,302.77, down 0.17% and the NASDAQ Composite closed at 4,276.79, down 0.98%. The S&P 500 finished the session 0.29% lower at 1,866.52. Four out of ten major sectors ended the session in negative. During the session, Health Care, Consumer Discretionary and Information Technology sectors ended in negative, while some positive momentum were observed in the Utilities, Materials and Energy sectors. The S&P 500 Information Technology Sector Index finished the day 0.45% lower at 598.00, while the same has advanced 0.85% in the last one month. Investor-Edge has initiated coverage on the following equities: Teradata Corp. (NYSE: TDC), Fusion-io Inc. (NASDAQ: FIO), Western Digital Corp. (NASDAQ: WDC) and Violin Memory Inc. (NYSE: VMEM). Free technical research on TDC, FIO, WDC and VMEM can be downloaded upon signing up at:

http://www.investor-edge.com/438-register

On Friday, shares in Teradata Corp. recorded a trading volume of 2.85 million shares, as compared with a three months average volume of 2.37 million shares. The stock ended the day at $47.79, down 0.85% and at an intraday range of $47.41 and $49.00. Shares of the company traded at a PE ratio of 20.08. Teradata Corp.'s shares have gained 3.24% in the previous three trading sessions, 4.85% in the last one month and 5.06% on YTD basis. The company's shares are trading above their 50-day moving average of $44.68. Teradata Corp.'s 200-day moving average of $50.17 is above the 50-day moving average of $44.68. Further, the stock is trading at an Relative Strength Index (RSI) of 63.77. Sign up today to read free research on TDC at:

http://www.investor-edge.com/438-TDC-24Mar2014.pdf

Shares in Fusion-io Inc. declined 2.27% on Friday, finishing the day at $11.65. A total of 3.30 million shares were traded, which is above the three months average volume of 3.26 million. The company's shares oscillated between $11.52 and $12.01 during the session. Fusion-io Inc.'s shares have lost 1.94% in the previous three trading sessions, while the shares have gained 9.49% in the last one month and 30.75% on YTD basis. The company's stock is trading above its 50-day moving average. Fusion-io Inc.'s 200-day moving average of $11.75 is above the 50-day moving average of $10.69. Additionally, the stock is trading at an RSI of 55.35. Sign up today to read free research on FIO at:

http://www.investor-edge.com/438-FIO-24Mar2014.pdf

Western Digital Corp.'s shares recorded a trading volume of 3.21 million shares, as compared with a three months average volume of 1.99 million shares. The stock ended the day at $88.62, up 0.72% and recorded an intraday range of $87.67 and $89.20. Shares of the company traded at a PE ratio of 12.06. Western Digital Corp.'s shares have advanced 2.66% in the previous three trading sessions, 0.69% in the last one month and 5.63% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $86.19 and $73.54, respectively. Furthermore, the stock is trading at an RSI of 59.72. Sign up today to read free research on WDC at:

http://www.investor-edge.com/438-WDC-24Mar2014.pdf

Violin Memory Inc.'s stock edged 1.82% lower on Friday, closing the day at $4.85. The stock recorded trading volume of 0.39 million shares as compared to a three months average volume of 0.76 million shares. The stock fluctuated between $4.81 and $5.00 during the trading session. Violin Memory Inc.'s shares have fallen by 5.83% in the previous three trading sessions, while the shares have surged 23.41% in the last one month and 22.47% on YTD basis. The company's stock is trading above its 50-day moving average of $4.04. Moreover, the stock is trading at an RSI of 61.91. Sign up today to read free research on VMEM at:

http://www.investor-edge.com/438-VMEM-24Mar2014.pdf

===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

http://www.investor-edge.com


SOURCE Investor-Edge

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"Infoblox does DNS, DHCP and IP address management for not only enterprise networks but cloud networks as well. Customers are looking for a single platform that can extend not only in their private enterprise environment but private cloud, public cloud, tracking all the IP space and everything that is going on in that environment," explained Steve Salo, Principal Systems Engineer at Infoblox, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventio...
Data scientists must access high-performance computing resources across a wide-area network. To achieve cloud-based HPC visualization, researchers must transfer datasets and visualization results efficiently. HPC clusters now compute GPU-accelerated visualization in the cloud cluster. To efficiently display results remotely, a high-performance, low-latency protocol transfers the display from the cluster to a remote desktop. Further, tools to easily mount remote datasets and efficiently transfer...
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., introduced you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He explored applications in several industries and discussed technologies that allow the deployment of advanced visualization solutions to the cloud.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"NetApp is known as a data management leader but we do a lot more than just data management on-prem with the data centers of our customers. We're also big in the hybrid cloud," explained Wes Talbert, Principal Architect at NetApp, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"We work around really protecting the confidentiality of information, and by doing so we've developed implementations of encryption through a patented process that is known as superencipherment," explained Richard Blech, CEO of Secure Channels Inc., in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, discussed how by using ne...
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, discussed how data centers of the future will be managed, how the p...
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...