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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
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March 2, 2015
08:30 EDTEMCFBR keeps Outperform on EMC after report says no spin-off
FBR Capital maintains an Outperform rating on shares of EMC (EMC) after Reuters reported Friday that the company's management has deciding against spinning off its stake in VMware (VMW). FBR says that while the news is disappointing, it is not surprising. It also thinks the report could be a near-term positive for VMware, since it could remove the spin-off uncertainty. FBR notes EMC is having an analyst day on March 10.
February 27, 2015
16:29 EDTEMCEMC decides against spinning off stake in VMware, Reuters reports
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15:57 EDTEMCEMC decides against spinning off stake in VMware, Reuters reports
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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
05:47 EDTEMCAtos and EMC to further strengthen strategic alliance
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February 17, 2015
17:13 EDTEMCPoint72 gives quarterly update on stakes
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