New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 6, 2014
08:14 EDTEMCEMC derides 'stupid' claims from flash storage start-ups, WSJ says
The CEO of EMC, which yesterday announced an agreement to acquire DSSD, a start-up working on flash-based technologies, still maintains that certain other flash start-ups make “all kinds of stupid statements” about their performance and the likelihood that flash will completely discplace disk drives, reported The Wall Street Journal, citing comments from EMC CEO Joe Tucci. Reference Link
News For EMC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
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.
June 17, 2015
10:10 EDTEMCClusterHQ announces collaboration with EMC
ClusterHQ announced integration between ClusterHQ's Flocker container data management software and EMC's ScaleIO and EMC XtremIO storage solutions. As a result, developers and operations teams can architect and manage storage backends for Docker-based applications. EMC collaborated with ClusterHQ to develop pluggable storage drivers for ScaleIO and XtremIO solutions that enable flexible and portable shared storage for Docker.
June 15, 2015
10:00 EDTEMCOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:24 EDTEMCEMC downgraded to Market Perform from Outperform at FBR Capital
FBR Capital downgraded EMC to Market Perform citing weakening core growth prospects and a lack of change around the company's corporate structure. FBR cut its price target for shares to $28 from $31, but points out potential activism could put a floor on the stock.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use