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Stock Market & Financial Investment News

News Breaks
July 22, 2014
09:28 EDTVMW, EMCEMC spin-off of VMware unlikely at this point, says Janney Capital
Following the report of Elliott taking a stake in EMC (EMC) and pushing for a break-up to unlock value, Janney Capital said it does believe that a spin-off of VMware (VMW) could help improve EMC's multiple but that the firm thinks such a move is not likely at this point. Janney adds that while it views a spin-off as unlikely, other shareholder-friendly responses, such as a dividend boost or increased share buybacks, are possible. The firm keeps its Buy ratings on both EMC and VMware.
News For EMC;VMW From The Last 14 Days
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February 27, 2015
16:29 EDTVMW, EMCEMC decides against spinning off stake in VMware, Reuters reports
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15:57 EDTVMW, EMCEMC decides against spinning off stake in VMware, Reuters reports
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11:26 EDTVMWVMware management to meet with UBS
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09:16 EDTEMCEMC to hold a conference call
VP-Product Management Josh Goldstein holds a conference call to discuss EMC XtremIO on February 27 at 1 pm. Webcast Link
February 26, 2015
10:00 EDTVMWOn The Fly: Analyst Initiation Summary
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05:47 EDTEMC, VMWAtos and EMC to further strengthen strategic alliance
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February 24, 2015
16:20 EDTVMWVMware appoints Bask Iyer as Chief Information Officer
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15:46 EDTVMWJuniper CIO leaving company for same role at VMware, Business Insider says
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09:56 EDTVMWVMware large DoD contract likely to be delayed, says Nomura
Nomura said competitors have protested VMware's large Defense Information Systems Agency $1.6B over 5-year contract expected to have been awarded to the company by the end of March. The firm expects a delay in the ward and for the scope of the contract to be modified. Nomura said its unclear how much of the contract is incremental business vs. renewals and weather renewals will be delayed. Shares of VMware are Neutral rated with a $95 price target.
February 19, 2015
08:48 EDTVMWVMware to hold a conference call with Jefferies
Jefferies Analyst John DiFucci co-hosts a conference call to discuss the VMware vSphere 6 and VMware Integrated OpenStack (VIO) on February 19 at 12 pm. Webcast Link
February 18, 2015
07:38 EDTVMWVMware named a Franchise Pick at Jefferies
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February 17, 2015
17:13 EDTVMW, EMCPoint72 gives quarterly update on stakes
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