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Stock Market & Financial Investment News

News Breaks
March 11, 2013
07:06 EDTEMC, VMWEMC may have difficulty outperforming due to VMWare pressures, says Bernstein
Bernstein reports that EMC's (EMC) stock performance has historically been somewhat correlated with the performance of VMWare's (VMW) shares. The firm is cautious on EMC due to upcoming hurdles that it expects VMWare to face. Bernstein maintains Market Perform ratings on both EMC and VMWare.
News For EMC;VMW From The Last 14 Days
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April 17, 2015
13:31 EDTEMCSymantec approached NetApp, EMC about potential Veritas sale, Bloomberg says
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10:00 EDTEMCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CECO Environmental (CECE) upgraded on several positive catalysts at Roth Capital... EMC (EMC) upgraded to Outperform from Market Perform at Bernstein... Fleetmatics (FLTX) upgraded to Overweight from Neutral at Piper Jaffray... NorthStar Asset Management (NSAM) upgraded to Buy from Hold at MLV & Co.... Penn National (PENN) upgraded to Overweight from Neutral at JPMorgan... Rosetta Genomics (ROSG) upgraded to Buy from Hold at Cantor... Ulta Salon (ULTA) upgraded to Buy from Neutral at Nomura... Xcel Energy (XEL) upgraded to Buy from Hold at Argus.
06:06 EDTEMCEMC upgraded to Outperform from Market Perform at Bernstein
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April 16, 2015
10:00 EDTVMWOn The Fly: Analyst Upgrade Summary
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05:57 EDTVMWVMware upgraded to Buy from Hold at Summit Research
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April 15, 2015
08:09 EDTVMWGood Technology and VMware resolve patent litigation
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April 14, 2015
17:34 EDTEMCGuidance Software appoints Patrick Dennis as CEO
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April 13, 2015
07:08 EDTEMCSources: Symantec exploring Veritas sale 'for months,' Reuters reports
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April 9, 2015
10:00 EDTEMCOn The Fly: Analyst Downgrade Summary
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08:27 EDTEMCEMC downgraded at FBN Securities
As previously reported, FBN Securities downgraded EMC to Sector Perform from Outperform, stating that its Q1 storage checks were surprisingly weak. The firm said feedback provided for the negative data points included storage bit demand growth being hurt by cloud movement and data duplication and compression; reports of increased allocation by IT managers towards security; and negative notes about the competitive environment. The firm believes EMC's annual guidance was already aggressive and the FX impact will be worse than guided in the January outlook. FBN Securities lowered EMC's price target to $27 from $30.
08:02 EDTEMCEMC downgraded to Sector Perform from Outperform at FBN Securities
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April 8, 2015
10:16 EDTEMCEMC calls active amid speculation of an activist investor stake
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10:10 EDTEMCRumor: EMC moves up amid speculation of an activist investor stake
April 7, 2015
16:55 EDTEMCXerox upgraded to Buy ahead of Q1 results at Citigroup
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April 6, 2015
10:02 EDTVMWOn The Fly: Analyst Upgrade Summary
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06:35 EDTVMWVMware upgraded to Buy from Neutral at Nomura
Nomura upgraded VMware to Buy with a $95 price target following favorable survey results. The firm's Q1 survey came in slightly ahead of plan and believes the Street is too cautious on shares, which could serve as a positive catalyst for shares. Separately, Nomura said the upcoming end of Windows Server 2003 in July could be an incremental catalyst as replacement servers will likely be virtualized.
05:43 EDTVMWVMware upgraded to Buy from Neutral at Nomura

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