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Stock Market & Financial Investment News

News Breaks
July 21, 2014
06:02 EDTEMCEMC volatility expected to move on activist investor stake & Q2
EMC volatility expected to move on activist investor Elliott Management Corp has taken a $1B stake, the Wall Street Journal reports. Overall option implied volatility of 24 is above its 26-week average of 21 according to Track Data, suggesting large price movement into the expected release of Q2 results on July 23.
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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