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Nimble Storage reports 2Q loss Market Trends 

Nimble Storage reports 2Q loss

Nimble Storage reports 2Q loss Nimble Storage Inc. (NMBL) on Tuesday reported a loss of $40 million in its fiscal second quarter. On a per-share basis, the San Jose, California-based company said it had a loss of 47 cents. Losses, adjusted for stock option expense, came to 19 cents per share. The results exceeded Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share. The data storage company posted revenue of $97.1 million in the period, also…

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Pure Storage(PSTG)- NYSE Market Trends 

Pure Storage to Announce Second Quarter Fiscal 2017 Financial Results on August 25, 2016

Pure Storage to Announce Second Quarter Fiscal 2017 Financial Results on August 25, 2016 MOUNTAIN VIEW, Calif. — August 4, 2016 — Pure Storage (NYSE: PSTG), the market’s leading independent solid-state array vendor, has scheduled a conference call for Thursday, August 25, 2016 at 2:00 pm (PT) to announce its second quarter financial results for the period ended July 31, 2016. Financial results will be released over PR Newswire after the close of the market on Thursday, August 25, 2016. Date: August 25, 2016 Time: 2:00 pm (PT); 5:00 pm…

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Oil prices fall 1% as supply strains storage Market Trends 

Oil prices fall 1% as supply strains storage

Oil prices fall 1% as supply strains storage Oil prices fall on Friday, ending a two-day rally, as a glut of crude and refined products weighed on markets and investors eyed a possible stutter in China’s imports. Futures held their losses after the dollar index spiked following abetter-than-expected U.S. jobs report that showed the country added 255,000 positions in July. A stronger greenback makes dollar-denominated crude more expensive to holders of other currencies. U.S. West Texas Intermediate (WTI) crude crude futures fell 67 cents, or 1.6 percent, to $41.26 per…

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Natural gas futures choppy after unexpected storage drawdown Market Trends 

Natural gas futures choppy after unexpected storage drawdown

Natural gas futures choppy after unexpected storage drawdown Natural gas futures spiked higher but then gave back gains in choppy trade Thursday after weekly U.S. government data showed an unexpected drawdown in the amount of fuel in storage. The Energy Information Administration said natural gas inventories fell 6 billion cubic feet from the previous week to 3.288 trillion cubic feet. Analysts surveyed by The Wall Street Journal had forecast a rise of 1 billion cubic feet. Natural gas futures jumped in the wake of the data but then retreated to…

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