Tag Archives: nasdaq: ntap

NetApp to Repurchase $200M of Common Stock

NetApp, Inc. (NASDAQ: NTAP) has announced it intends to repurchase $200 million of its common stock under its preexisting stock repurchase program. At that point, $900 million will remain in the preexisting authorization. The company said it will begin the repurchases in July 2011.

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NetApp Schedules Financial Release

NetApp (NASDAQ: NTAP) will announce financial results for the fourth quarter and fiscal year 2011, following the close of the market on May 25. According to the firm, “NetApp executive management will host a conference call with the financial analyst community at 2:00 p.m. PST to provide their perspective on …

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NetApp CEO Georgens to Speak at Wells Fargo Tech Transformation Summit

NetApp (NASDAQ: NTAP) announced that CEO Tom Georgens will address the Wells Fargo Tech Transformation Summit in San Francisco on Wednesday, April 6, 2011 at 8:00 a.m. According to the firm, “a live audio Webcast of the presentation will be available at investors.netapp.com. The audio Webcast archive of the event …

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NetApp Names KLA-Tencor Corp. CEO Richard Wallace to Board

NetApp (NASDAQ: NTAP) has named KLA-Tencor Corp. CEO Richard Wallace to the firm’s board of directors. “We are pleased to welcome Rick Wallace to the NetApp board of directors, ” CEO Tom Georgens said. “With his vast experience in the technology sector and the many leadership positions he has held, …

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NetApp Rolls Out Financial Report

NetApp (NASDAQ: NTAP) announced results for the third quarter of fiscal year 2011, ending Jan. 28, 2011. According to the firm, “revenues for the third quarter of fiscal year 2011 totaled $1.268 billion compared to revenues of $1.012 billion for the same period a year ago, an increase of 25 …

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NetApp Agrees to Acquire Akorri Networks

NetApp (NASDAQ: NTAP) has an agreement in place to acquire Massachusetts-based Akorri Networks. Terms of the all-cash transaction were not disclosed. Akorri provides data center management software focused on performance capacity analytics for virtualized, shared IT infrastructures. “The ability to accurately predict and manage performance and capacity requirements has been …

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