EMC Corporation (NYSE:EMC) just announced a new addition to the VNXe product line, an entry-level VNXe3200 storage array that starts out under $12,000. Available in Q2 of 2014, the new VNXe3200 is touted to be three times the performance of the previous VNXe models. It is designed to take advantage of new flash technology via the EMC Corporation (NYSE:EMC) FAST (Fully-Automated Storage Tiering) software which makes it well suited for virtual applications. Each VNXe has a maximum capacity of 200TB and is capable of both NAS and SAN. EMC Corporation (NYSE:EMC) stock performance was -0.70% in last session and finished the day at $25.62. Traded volume was 15.92million shares in the last session and the average volume of the stock remained 21.67million shares. The beta of the stock remained 1.26. EMC Corporation (NYSE:EMC) insider ownership is 0.50%.
Applied Materials Inc (NASDAQ:AMAT) had its neutral rating reissued by analysts at Zacks. The firm currently has a $20.00 target price on the stock. Zacks’ analyst wrote, “Applied Materials Inc (NASDAQ:AMAT) is one of the world’s largest suppliers of fabrication equipment to semiconductor, LCD and solar PV cell manufacturers. Applied Materials Inc (NASDAQ:AMAT)’s first quarter earnings beat the Zacks Consensus Estimate by a penny and guidance was in line with expectations. Applied Materials, Inc. (NASDAQ:AMAT) dropped -0.94 percent to $18.88 Thursday on volume of 17.22million shares. The intra-day range of the stock was $18.86 to $19.29. Applied Materials, Inc. (NASDAQ:AMAT) has a market capitalization of $22.86billion.
Twitter Inc. (NYSE:TWTR) investors who heeded the advice of high-profile banks such as Goldman Sachs Group Inc. and Deutsche Bank AG to buy the social media company’s shares might be kicking themselves. Twitter Inc (NYSE:TWTR)’s stock on May 1, 2014 reported a increase of 0.31% to the closing price of $39.09. Its fifty two weeks range is $37.24 -$74.73. The total market capitalization recorded $22.28billion. The overall volume in the last trading session was 15.76million shares. In its share capital, TETR has 589.45million outstanding shares.
T-Mobile US Inc. added more subscribers in the first quarter than AT&T Inc. and Verizon Communications Inc. (NYSE:VZ) combined, heightening the carrier’s allure as Sprint Corp. pursues a merger. On Thursday, shares of Verizon Communications Inc. (NYSE:VZ) advanced 1.05% to close the day at $47.22. Company return on investment (ROI) is 19.80%. Verizon Communications Inc. (NYSE:VZ) quarterly revenue growth is 0.23%.