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Stock Market & Financial Investment News

News Breaks
July 21, 2014
08:35 EDTEMCEMC shares poised to advance, says Cantor
Cantor suggests that EMC's stock is undervalued, and the firm thinks the company's profit cycle bottomed in Q1. The firm expects the company's Q2 EPS to at least meet expectations, and believe that it has a number of potential catalysts in 2H14. Cantor expects the company's Q3 results to beat expectations, and it keeps a Buy rating on the shares.
News For EMC From The Last 14 Days
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March 27, 2015
05:56 EDTEMCEMC downgraded to Sector Perform from Outperform at Pacific Crest
March 25, 2015
08:54 EDTEMCNetApp Arista among potential takeover targets for EMC, says RBC Capital
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March 23, 2015
15:36 EDTEMCEMC announces the Federation Business Data Lake.
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10:00 EDTEMCOn The Fly: Analyst Downgrade Summary
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06:40 EDTEMCEMC downgraded to Neutral from Overweight at Piper Jaffray
Piper Jaffray downgraded EMC (EMC) to Neutral to Neutral saying the company is facing increasing pressure from next-gen storage vendors and public cloud providers. Piper notes that it continues to hear Pure Storage and other vendors such as Nimble Storage (NMBL) are making inroads into the installed base of EMC. It cut its price target for shares to $27 from $30. The firm also downgraded NetApp (NTAP) to Neutral this morning for similar reasons, but says EMC has a more defensible position than NetApp.
March 18, 2015
07:49 EDTEMCSenate Judiciary Committee to hold a hearing
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