New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 4, 2012
09:16 EDTIBM, EMCEMC, IBM extend licensing agreement
EMC (EMC) has extended its technology licensing agreement with IBM (IBM) for EMC storage interoperability with IBM zEnterprise environments by one year through 2017. Under the agreement, EMC and IBM will continue collaborating to provide IBM zEnterprise customers storage interoperability interfaces and technical support, providing IBM z customers the choice, flexibility and support needed to deploy a combination of EMC VMAX storage systems and software with IBM z technologies.
News For EMC;IBM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
September 1, 2015
06:24 EDTEMCVMware cash flow commentary implies 27% growth, says Jefferies
Jefferies analysts John DiFucci and Brad Zelnick say VMware's (VMW) cash flow commentary yesterday at its analyst day imply at least 27% growth in FY16. VMware CEO Pat Gelsinger noted that talk around him proposing a downstream merger with EMC (EMC) to the board is false, the analysts note. They keep a Buy rating on the stock with a $104 price target.
August 31, 2015
19:01 EDTIBMIBM signs AU$450M strategic partnership with ANZ
ANZ has signed a five-year, AU$450M strategic agreement with IBM. This partnership will provide ANZ with increased capability to drive productivity and innovation across the Group, as well as improving its capacity to deal with the rapidly growing number of customers and transactions across the bank's branch, digital and mobile channels and support ANZ's regional expansion. The agreement includes access to IBM's vast software portfolio, an Innovation Lab, next generation cloud development capabilities and core systems infrastructure. The IBM agreement will provide common platforms across ANZ's network as it continues to grow as a super-regional bank and will allow the Bank to deliver a more integrated and innovative banking experience for digital customers.
17:59 EDTEMCEMC downstream merger proposal originated with VMware CEO, Hesseldahl says
Subscribe for More Information
15:23 EDTEMCVMware says downstream merger of EMC not a serious consideration, Bloomberg says
Subscribe for More Information
11:38 EDTEMCVMware CEO says 'federation' structure best for company
Subscribe for More Information
August 28, 2015
09:02 EDTIBMIBM and GENCI announce collaboration
Subscribe for More Information
August 27, 2015
13:49 EDTIBMIBM volatility elevated on wide price movement
IBM current 30-day call option implied volatility is at 23, compared to a one-month ago level of 18, suggesting large price movement.
August 26, 2015
16:26 EDTEMCOn The Fly: Top stock stories for Wednesday
Subscribe for More Information
15:27 EDTEMCVMware falls after report EMC board weighing downstream merger proposal
Subscribe for More Information
12:47 EDTEMCOn The Fly: Top stock stories at midday
Subscribe for More Information
12:08 EDTEMCEMC Federation departures suggest changes coming, says Raymond James
Subscribe for More Information
11:50 EDTEMCEMC-VMware report shows board knows status quo 'not an option,' says Wells Fargo
After Re/code's Arik Hesseldahl reported that EMC's (EMC) board is "actively considering" a downstream merger proposal under which it would be acquired by VMware (VMW), Wells Fargo analyst Maynard Um said he views the most important takeaway to be that the board views maintaining the status quo as "not an option" amid the rapid shift in the industry. Um thinks an EMC buy-in of VMware, which the report contends is the preferred option of EMC CEO Joe Tucci, presents a cleaner path with less variables but says that in either case it "seems clear that something will happen," which he views as a positive.
09:25 EDTEMCOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Abercrombie & Fitch (ANF), down 15.1%... Express (EXPR), up 9.8%... Frontline (FRO), up 10.4%... Chico's FAS (CHS), up 9.3%. ALSO HIGHER: Oshkosh (OSK), up 11.9% after being awarded a $6.7B contract by the U.S. Army... EMC Corporation (EMC), up 5.8% after Re/code reported that the board is considering a VMware (VMW) downstream merger proposal... Google (GOOG), up 4.6% after being upgraded to Conviction Buy from Neutral at Goldman... Ford (F), up 2.4% after Bloomberg reported that the company is considering returning production of Bronco and Ranger to the U.S. NOTABLE: Cameron International (CAM), up 45.4% after announcing that it will be acquired by Schlumberger (SLB). Schlumberger is down 1.9%. LOWER: WisdomTree (WETF), down 3.6% after being downgraded to Sell from Buy at Citi... Transocean (RIG), down 3.4% after proposing to cancel Q3 and Q4 dividends.
08:40 EDTIBMIBM upgraded to Buy at Argus on valuation, easier comps
Subscribe for More Information
08:23 EDTEMCEMC board 'considering' VMware downstream merger proposal, Re/code reports
Subscribe for More Information
07:44 EDTIBMIBM upgraded to Buy from Hold at Argus
Subscribe for More Information
07:01 EDTEMCNimble Storage reported another 'solid' quarter, says Summit Research
Summit Research analyst Srini Nandury called Nimble Storage's (NMBL) quarterly results "solid," highlighting the company's report of strong demand, higher deal sizes and addition of an all-time high 690 new customers. The firm, which said it expects Nimble to gain share from both EMC (EMC) and NetApp (NTAP) "in short order," reiterates its Buy rating and $40 price target on Nimble shares.
August 21, 2015
16:01 EDTEMCOptions Update; August 21, 2015
Subscribe for More Information
12:13 EDTIBMBrocade soars after Q3 results top estimates
Subscribe for More Information
06:01 EDTIBMABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
Subscribe for More Information
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use