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News Breaks
November 25, 2009
06:31 EDTEMC
theflyonthewall.com: EMC Corp initiated with a Buy at UBS
Target $20. :theflyonthewall.com



News For EMC From The Last 14 Days
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February 13, 2012
07:35 EDTEMC
theflyonthewall.com: IHS sees HDD growth returning in Q3, DigiTimes reports

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07:28 EDTEMC
theflyonthewall.com: Barclays to host a conference

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February 8, 2012
09:05 EDTEMC
theflyonthewall.com: EMC's Documentum platform selected by Turkey's Ziraat Bank

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07:36 EDTEMC
theflyonthewall.com: Credit Suisse to host a conference

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06:12 EDTEMC
theflyonthewall.com: EMC to open cloud and big data R&D center in Russia

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February 7, 2012
16:51 EDTEMC
theflyonthewall.com: On The Fly: Closing Wrap
Stocks on Wall Street were higher, as the market waits another day for Greece to reach a deal that will allow it to get its much needed financial aid. Stock futures were lower throughout the pre-market trading session as investors remained nervous without a Greek debt deal in place. The futures action led to a lower open for the broader market but the losses were moderate. The market drifted off its lows following comments from Fed Chairman Bernanke to the Senate Banking Committee in which he reiterated that interest rates would remain low through 2014. The averages crossed into positive territory and continued to drift while remaining in a narrow range... ECONOMIC EVENTS: Domestically, the Fed reported that consumer credit rose by $19.3B in December. From Europe, reports early in the day said that Greek politicians had drafted an agreement on austerity measures that will allow the country to get its next bailout payment, but later reports said that a meeting on the deal was postponed to tomorrow... MARKET NEWS: Coca-Cola's (KO) Q4 earnings fell from the same quarter last year but its adjusted EPS topped expectations, sending shares higher and buoying the Dow... Xstrata (XSRAY) agreed to be acquired by Glencore in a share swap that values the miner at $61.9B. The company also reported earnings and revenue that beat Street estimates... MAJOR MOVERS: Notable gainers included Coinstar (CSTR), up $6.97, or 13.79%, to $57.53, after its Q4 results surprised to the upside and the company agreed to buy assets of NCR's (NCR) entertainment business for $100M, and Standard Pacific (SPF), up 62c, or 15.31%, to $4.67, on better than expected earnings. Among the noteworthy losers were Nevsun Resources (NSU), down $1.94, or 30.60%, to $4.40, after its 2012 production guidance disappointed, and Fusion-io (FIO), down $1.70, or 6.88%, to $23.02, as Craig-Hallum reiterated its Sell rating but Lazard Capital said it expects no meaningful change to Fusion-io's near-term revenue trajectory as a result of a competing product introduction from EMC (EMC)... INDICES: The Dow gained 33.07, or 0.26%, to 12,878.20; the Nasdaq added 2.09, or 0.07%, to 2,904.08; and the S&P 500 rose 2.72, or 0.20%, to 1,347.05. :theflyonthewall.com
10:39 EDTEMC
theflyonthewall.com: Fusion-io reiterated as a Sell at Craig-Hallum

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09:20 EDTEMC
theflyonthewall.com: EMC new product could help popularize flash among companies, says ISI Group

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09:04 EDTEMC
theflyonthewall.com: EMC Isilon chosen by Jaguar Land Rover to drive its simulation operations
EMC announced that Jaguar Land Rover, or JLR, the U.K.'s largest manufacturer of premium vehicles, has deployed EMC Isilon scale-out NAS to simplify storage for its Big Data capacity and performance. The demand for new products in shorter timeframes whilst reducing dependency on physical testing had put pressure on JLR engineers to improve and streamline virtual simulation processes and deliver actionable analysis to the manufacturing teams. :theflyonthewall.com
08:40 EDTEMC
theflyonthewall.com: LSI Corp. biggest beneficiary of EMC's Project Lightening, says Avian

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08:19 EDTEMC
theflyonthewall.com: Fusion-io near-term outlook unchanged from EMC product, says Lazard Capital

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07:14 EDTEMC
theflyonthewall.com: EMC to host conference call

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February 6, 2012
12:20 EDTEMC
theflyonthewall.com: Fusion-io CEO says it is focused on growing business

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09:06 EDTEMC
theflyonthewall.com: EMC FAST technology shipped with over one exabyte of EMC storage
EMC Corp. announced that the company's industry-leading EMC FAST technology, which was first introduced to the market in January 2010, has already shipped with 1.3 Exabytes of information on EMC storage solutions and represents one of EMC's fastest-growing storage software products. :theflyonthewall.com

February 1, 2012
15:20 EDTEMC
theflyonthewall.com: EMC to host a conference call

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