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NetApp Shares Surge on Revenue Beat

Stock quotes in this article: NTAP , CSCO , EMC , HPQ  

NetApp (NTAP)'s shares surged more than 12% Thursday, after the company beat analysts' revenue estimate for the second quarter.

The storage company's quarterly report offered some positive news for the tech sector at a time of rapidly shrinking budgets.

Last week networking giant Cisco (CSCO)sent shockwaves through the industry when it forecast a weak second quarter amid tight enterprise and service provider budgets. ...

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