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Stock Market & Financial Investment News

News Breaks
February 1, 2012
16:19 EDTBMC
theflyonthewall.com: BMC Software sees FY12 total bookings flat
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News For BMC From The Last 14 Days
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May 21, 2012
13:20 EDTBMC
theflyonthewall.com: BMC Software responds to Elliott Management's letter
BMC Software (BMC) issued the following statement in response to the press release issued earlier by Elliott Associates, L.P. and Elliott International: "BMC stands by its previous statements, including those made in its letter to Elliott dated May 16, 2012. The BMC Board is focused on creating value for all stockholders through the execution of its differentiated strategy to provide the most comprehensive portfolio of heterogeneous, integrated IT management solutions to enterprises of all sizes around the world." :theflyonthewall.com

May 15, 2012
13:18 EDTBMC
theflyonthewall.com: Sources: Corvex expected to reveal stake in BMC Software today, Reuters reports

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10:14 EDTBMC
theflyonthewall.com: BMC Software drops 2% to $43.07 after saying sale will not be pursued

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10:11 EDTBMC
theflyonthewall.com: BMC Software responds to Elliot press release

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10:11 EDTBMC
theflyonthewall.com: BMC Software says pursuing sale not in best interest of shareholders
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07:17 EDTBMC
theflyonthewall.com: Cornerstone OnDemand to host a conference

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06:29 EDTBMC
theflyonthewall.com: BMC Software not likely to be acquired, says JPMorgan
JPMorgan does not expect BMC Software to be acquired despite an investment from activist Elliott Associates. The firm does not view BMC as a compelling acquisition on a strategic or financial basis and keeps a Neutral rating on the stock with a $34 price target. :theflyonthewall.com

May 14, 2012
12:02 EDTBMC
theflyonthewall.com: BMC Software management to meet with RBC Capital
Meetings to be held in Boston on May 14, in New York on May 15-16 and on the West Coast May 17 hosted by RBC Capital. :theflyonthewall.com
10:51 EDTBMC
theflyonthewall.com: BMC Software adopts shareholder rights plan, says RBC Capital

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09:30 EDTBMC
theflyonthewall.com: BMC Software moves higher in early trading, resistance is at $42.48

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07:32 EDTBMC
theflyonthewall.com: BMC Software adopts stockholder rights plan
BMC Software announced that its Board of Directors has unanimously adopted a stockholder rights plan and declared a dividend of one right on each outstanding share of the Company’s common stock. . The Rights Plan will expire on May 11, 2013 unless renewed by the Board of Directors of the Company. Pursuant to the Rights Plan, the Company is issuing one preferred stock purchase right for each share of common stock outstanding at the close of business on May 24, 2012. Under the Rights Plan, the rights generally will become exercisable only if a person or group acquires beneficial ownership of 10% or more of the Company’s common stock in a transaction not approved by the Board of Directors of the Company. :theflyonthewall.com
07:31 EDTBMC
theflyonthewall.com: BMC Software notified that Elliott has acquired over 5% of company

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May 10, 2012
07:33 EDTBMC
theflyonthewall.com: Bloomberg LINK to host a summit

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