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Stock Market & Financial Investment News

News Breaks
January 31, 2013
13:27 EDTVMW, EMCEMC shares look very attractive at current levels, says Argus
After EMC (EMC) reported stronger than expected Q4 results but its stock dropped on guidance from VMWare (VMW) that missed the consensus estimate, Argus believes that EMC's results were very strong. The firm thinks that EMC is gaining market share, and it reiterates a $36 price target and Buy rating on the stock.
News For EMC;VMW From The Last 14 Days
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August 31, 2015
17:59 EDTVMW, EMCEMC downstream merger proposal originated with VMware CEO, Hesseldahl says
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15:23 EDTEMC, VMWVMware says downstream merger of EMC not a serious consideration, Bloomberg says
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11:38 EDTVMW, EMCVMware CEO says 'federation' structure best for company
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08:23 EDTVMWVMware volatility elevated into financial analyst day
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08:07 EDTVMWSanDisk unveils data service for VMware vSphere with FlashSoft
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06:31 EDTVMWVMware to host financial analyst day
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August 26, 2015
16:26 EDTVMW, EMCOn The Fly: Top stock stories for Wednesday
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16:12 EDTVMWVMware names Ray O'Farrell Chief Technology and Development Officer
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15:27 EDTEMC, VMWVMware falls after report EMC board weighing downstream merger proposal
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12:47 EDTEMC, VMWOn The Fly: Top stock stories at midday
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12:08 EDTVMW, EMCEMC Federation departures suggest changes coming, says Raymond James
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11:50 EDTVMW, EMCEMC-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.
08:23 EDTVMW, EMCEMC board 'considering' VMware downstream merger proposal, Re/code reports
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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 25, 2015
08:35 EDTVMWExtreme Networks joins VMware NSX partner ecosystem
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August 21, 2015
16:01 EDTEMCOptions Update; August 21, 2015
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August 20, 2015
14:39 EDTVMW, EMCEarnings Watch: Hewlett-Packard reports ahead of company split
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