On Friday, Shares of Net App Inc. (NASDAQ:NTAP), gained 0.26% to $31.05.
Net App Insight Technical Conference - “We have been running Net App storage in our environment for more than 14 years with zero downtime,” said Alexander Harth, head of the User Support Division at Deutscher Wetterdienst (DWD), Germany’s national meteorological service. “When it came time to select a flash vendor, we knew that NetApp could deliver more than just speed. We could count on NetApp to deliver the data our customers need, whenever they need it.”
Net App declared updates to its All Flash FAS (AFF) array series that drive down the cost of flash for mainstream data center applications and reduce capacity requirements by as much as 30:11.
New software efficiency technology and higher capacity drives now make it possible for NetApp customers to get the performance of flash at the price of disk. NetApp also extended its 3X Performance Guarantee, first declared in the United States, to customers in more than 20 Asia Pacific and European countries. The company added select All Flash FlexPod® models to the guarantee program as well.
“The flash market is developing quickly,” said Tim Stammers, lead storage analyst at 451 Research. “Performance of flash has always been dramatic as compared to disk, but enterprise administration and lower prices are critical to take flash into mainstream applications.” NetApp, Inc. provides software, systems, and services to manage and store computer data worldwide. It offers Data ONTAP storage operating system that delivers integrated data protection, comprehensive data administration, and built-in software for virtualized, shared infrastructures, cloud computing, and mixed workload business applications; E-Series storage systems for storage area network workloads (SAN); all-flash arrays that deliver input/output operations per second and ultralow latency to drive speed, responsiveness, and value from the applications that control key business operations; and hybrid arrays for mainstream business applications.
Shares of Qunar Cayman Islands Ltd (NASDAQ:QUNR), inclined 4.05% to $36.50, during its last trading session.
Qunar Cayman Islands Limited, declared that, following Qunar’s declaration of an exchange program for its employees on October 26, Ctrip.com International, Ltd. (CTRP) (“Ctrip”) has agreed to issue a total of about 5 million ordinary shares to certain special purpose vehicles holding these shares solely for the benefit of Qunar employees. Future receipt by Qunar employees of Ctrip shares will be upon satisfaction of legal and contractual conditions, counting the condition that any Qunar securities held by or granted to any Qunar employee, such as vested share-based awards, converted business unit incentive points, and other share incentives, must have been surrendered or forfeited before the employee receives Ctrip shares.
Ctrip and Qunar are presently exploring ways through which they can effectively cooperate to enhance their respective products and services and better serve the market.
Qunar also declared recently that its Board of Directors has approved the adoption of a new 2015 share incentive plan of about 9 million additional Qunar ADSs on an as exercised and as converted basis. The options, with about half of which are related to conversion of business unit incentive points into ADSs and subject to the original multi-year vesting plan, will be granted and ve
Qunar Cayman Islands Limited operates an online travel commerce platform in the People’s Republic of China. The company through its platform provides a range of travel products comprising flight tickets, hotels, vacation packages, and attraction tickets, in addition to display advertising, train tickets, car services, smart lodging, and other services.
Finally, Shares of Wisdom Tree Investments, Inc. (NASDAQ:WETF), ended its last trade with 0.71% gain, and closed at $21.20.
Wisdom Tree, an exchange-traded fund and exchange-traded product sponsor and asset manager, declared the launch of the Wisdom Tree Global Hedged Small Cap Dividend Fund (HGSD) on the BATS Exchange. HGSD seeks to provide exposure to dividend-paying, small-capitalization companies in the U.S., developed and emerging markets while neutralizing exposure to fluctuations of foreign currency movements relative to the U.S. dollar. HGSD has an expense ratio of 0.43%.
Wisdom Tree Investments, Inc., through its auxiliaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes.