January 08, 2013 at 12:17 PM EST
EMC, Fusion-io Downgraded On Storage Field Challenge
An analyst on Tuesday lowered his expectations for data storage system providers EMC (EMC) and Fusion-io (FIO), based on competitive and economic issues. Jason Ader, of William Blair, gave several reasons for lowering his outlook on Fusion-io. Among them were slower-than-expected sales to large business customers, "leading us to believe the company will struggle to meet expectations for the full fiscal year." The company's shares were down 8%
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