Product Launches, New Ventures, Spinoffs and Financial Results - Research Report on Intel, SanDisk, Emerson, WD, and Brocade

NEW YORK, August 21, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Intel Corporation (NASDAQ: INTC), SanDisk Corporation (NASDAQ: SNDK), Emerson Electric Co. (NYSE: EMR), Western Digital Corp. (NASDAQ: WDC), and Brocade Communications Systems, Inc. (NASDAQ: BRCD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Intel Corporation Research Report

On August 13, 2013, Intel Corporation (Intel) announced that it has launched a new education-focused tablet reference design, featuring an Intel Atom processor and the Android operating system code-named Ice Cream Sandwich. According to Company, the Intel Education tablet features front- and rear-facing cameras, a stylus, integrated speakers, and microphones to bring interactive, multimedia content into learning. Intel informed that the tablet is fully equipped with Intel Education Software, an exhaustive pack of applications including an e-Reader, science exploration and data analysis application and painting tools. It also has management software that provides teachers and administrators with tools to protect students and manage technology. Intel added that its Education tablet weighs 1.5 lbs, has a 10-inch screen, a duel-core Atom processor Z2460, and an Android 4.0 operating system that supports over 6.5 hours of battery life. The Company also offers an Intel Education tablet with a 7-inch screen, single-core Intel Atom Processor Z2420, an Android 4.1 operating system, with nearly 8 hours of battery life and a weight of 78 lbs. The Full Research Report on Intel Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3f94_INTC]

--

SanDisk Corporation Research Report

On August 12, 2013, SanDisk Corporation (SanDisk) announced that SanDisk Ventures, the Company's strategic investment arm, invested in Tegile Systems (Tegile). According to SanDisk, Tegile's solutions balance performance and cost to provide a unified storage offering that combines both traditional HDDs (hard disk drives) with flash storage technology. Sumit Sadana, Executive Vice President and Chief Strategy Officer at SanDisk, said, "With our unique flash-based hardware and software solutions and vertically integrated business model, SanDisk is helping enable a new generation of companies transform the enterprise. We believe that Tegile is well positioned to bring the significant benefits of flash technology to enterprise customers through their innovative hybrid system solution." The company stated that the financial terms of the SanDisk investment were not disclosed. The Full Research Report on SanDisk Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5a87_SNDK]

--

Emerson Electric Co. Research Report

On August 6, 2013, Emerson Electric Co. (Emerson) announced that the Company has agreed to dispose its 51% holdings in its embedded computing and power business to Platinum Equity. Emerson stated that the transaction will bring in c.$300 million for the Company and it will retain a 49% noncontrolling interest in the business, which will operate as an independent company  The Company further added that share repurchase will be increased by $600 million to negate the associated earnings dilution. The Company expects the transaction to close in approximately three to six months, after gaining regulatory approvals in various countries. Chairman and Chief Executive Officer of Emerson, David N. Farr said, "After extensive consideration, we have found an arrangement to exit this business in a manner that maximizes its value for our shareholders. The transaction with Platinum will allow us to immediately focus on our core businesses while also participating in the upside from repositioning the business as it focuses on growth as an independent company." The Full Research Report on Emerson Electric Co. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c8ce_EMR]

--

Western Digital Corp. Research Report

On August 13, 2013, Western Digital Corp. (WD) announced that the Company has formed an association called the Storage Products Association (SPA) with other hard drive companies, including HGST, Seagate, and Toshiba. WD stated that this association aims to market the merits and value of rotating magnetic storage technologies, as well as to make consumers and professional aware about the importance of HDDs and solid-state hybrid drives (SSHDs) is to their digital lives. WD said that the SPA will impart education to its customers, partners, members, and users of HDDs and SSHDS. The Company further added that the association will also participate in industry and user events, and will publish materials about end users' storage needs and effective usage of a mix of storage technologies.The Full Research Report on Western Digital Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/8c62_WDC]

--

Brocade Communications Systems, Inc. Research Report

On August 13, 2013, Brocade Communications Systems, Inc. (Brocade) reported its Q3 FY 2013 financial results (period ended July 27, 2013) with total net revenues of $536.6 million, down 3.4% YoY. Net income was $118.7 million or $0.26 per diluted share, in Q3 FY 2013, compared to $43.3 million or $0.09 per diluted share, in Q3 FY 2012. Lloyd Carney, CEO of Brocade, said, "The storage market is recovering more quickly than we had anticipated entering our third quarter and, coupled with continued strong adoption of Gen 5 Fibre Channel, contributed to good Storage Area Networking (SAN) revenue results. In IP Networking, our Federal sales were disappointing while Brocade VDX™ switch revenue showed continued strong growth in Q3, underscoring our leadership in Ethernet fabrics." The Full Research Report on Brocade Communications Systems, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/5709_BRCD]

----

EDITOR NOTES:

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE Analysts' Corner