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Stock Market & Financial Investment News

News Breaks
July 21, 2014
06:27 EDTEMC, VMWElliott Management to push EMC to break up, WSJ reports
Elliott Management has taken a stake of over $1B in EMC (EMC), according to sources, and plans to push the data-storage company to break itself up, the Wall Street Journal reports. Elliott reportedly believes EMC's stock would get a boost from spinning off VMware (VMW), of which it owns an 80% stake. Reference Link
News For EMC;VMW From The Last 14 Days
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April 20, 2015
14:56 EDTVMWVMware volatility elevated into Q1 and revenue growth outlook
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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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