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Intel Corporation’s (NASDAQ:INTC) target price has been lowered to $34.00 by Citigroup investment analysts, according to a note given to investors on Wednesday. Northland Securities gives Intel a Market Perform rating.
QUALCOMM Incorporated (NASDAQ:QCOM) claims that devices running oh its Snapdragon processors will be available this year, also when Microsoft plans to release Windows RT software. The shares traded up $1.04 (1.93%) recently at $54.955.
Rackspace Hosting, Inc. (NYSE:RAX) reaps benefits from the push for storage and access mounting troves of data; the data-center company’s newest challenge is getting competitors to use a new information-management system which has been in the making for two years. Originally, the platform, OpenStack, was developed with NASA. The shares traded down $0.37 (0.83%) recently at $44.07.
EMC Corporation (NYSE:EMC) announced today that Zebra Technologies Corporation, a well-known international leader in providing technologies which extend real-time visibility into business moves, chose EMC® VMAX® 10K enterprise storage to change into its newly implemented Oracle enterprise resource planning (ERP) infrastructure without disruption. The strong alliance of Oracle ERP infrastructure and EMC VMAX 10K gives Zebra Technology a quick performance boost as well as reliability and scalability to its mission-critical order processing applications. The shares traded up $0.32 (1.34%) recently at $24.27.
Seagate Technology PLC (NASDAQ:STX) released external hard disk drive Backup Plus, which supports one-click local backup as well as Facebook and Flikr sharing, say the company and Digitimes. The shares traded up $0.39 (1.62%) recently at $24.5085.
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