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Stock Market & Financial Investment News

News Breaks
February 7, 2013
05:35 EDTEMCCapgemini, EMC extend global strategic alliance to Brazil
Capgemini and EMC announced the expansion of their global alliance with a strategic go-to-market agreement to expand operations in Brazil. The two companies have committed to work collaboratively to deliver customer value through the implementation of next-generation cloud solutions.
News For EMC From The Last 14 Days
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June 29, 2015
10:02 EDTEMCHP deal for EMC 'more than a distinct possibility,' says Raymond James
Noting that shares of both HP (HPQ) and EMC (EMC) have been stagnant, Raymond James analyst Brian Alexander repeated that he believes shareholders of both would earn substantial returns from a deal between the two and that he thinks an HP acquisition of EMC is "more than a distinct possibility." Alexander previously said in a note to investors on June 4 that he believed HP will ultimately buy EMC, including VMware (VMW). Assuming EMC is acquired for $32-$34 at various combinations of debt/stock, accretion for HP ranges from 39%-52%, Alexander calculates. Raymond James has a Market Perform rating on HP, a Strong Buy rating on EMC and an Outperform rating on VMware.

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