Procter & Gamble Co. (NYSE:PG) last week reduced its outlook for the fourth quarter, and primarily blamed these lowered expectations on sluggish expansion in develop markets and unfavorable exchange rates abroad. Sales abroad make up more than a third of Procter & Gamble’s total business.
Seagate Technology (NASDAQ:STX): The SSD market is growing tremendously, and although HDDs will still be used for years to come, SSDs keep creaming-off market-shares. In its primary entries into the SSD market, Seagate has partnered with the Israeli company Densbits. The company’s Memory Modem controller technology will be worked into Seagate’s varied storage technologies to drive MLC and TLC flash memory-based SSD drives. This entails Seagate aiming or less-expensive SSD drives. It is of note that they did not report using the fastest, more reliable and priciest SLC flash memory.
Zynga (NASDAQ:ZNGA) is preparing to reveal its pipeline of new games and its plans for the next phase of growth, today at its San Francisco headquarters. This event, called Zynga “unleashed,” will most certainly be paid attention to by investors, who have some reservations about the company’s path forward—notably its reliance on Facebook, small percentage of gamers, and few popular games for the bulk of its income.
eBay‘s (NASDAQ:EBAY) new Utah data center will be powered solely by fuel cells in the company’s serious effort to become greener. At this time, companies using fuel cells for data center power employ them as a secondary source of power due to worries about this still novel technology.
Dendreon (NASDAQ:DNDN): Takeout conjectures that fueled a small recovery rally in Dendreon is baseless; rather, investors intrigued by the lucrative prostate cancer drug market ought to set sights on Medivation as a more appealing acquisition target, according to a research note by a Jefferies analyst Tuesday.
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