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Stock Market & Financial Investment News

News Breaks
July 23, 2014
08:46 EDTEMCEMC says it plans to meet with Elliot Management
The company said it has heard nothing else this week from Elliot Management other than the request for a meeting. EMC added, "We are always open and welcome with dialogue with all of our shareholders... and will respectfully listen to them." Comments taken from Q2 earnings conference call.
News For EMC From The Last 14 Days
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August 3, 2015
14:00 EDTEMCVMware rises after Re/code makes case for EMC buyout
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13:08 EDTEMCEMC may prefer buying rest of VMware, Re/code reports
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13:01 EDTEMCEMC may be close to buying out VMware, Re/code says
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July 30, 2015
08:24 EDTEMCEMC buy-in of VMware would be 16%-27% accretive, says Bernstein
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July 28, 2015
07:50 EDTEMCEMC outlook has improved, says Oppenheimer
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July 26, 2015
14:44 EDTEMCAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 23, 2015
10:00 EDTEMCOn The Fly: Analyst Upgrade Summary
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09:09 EDTEMCEMC moves positive, says BMO Capital
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07:58 EDTEMCBrean Capital maintains Buy on EMC due to activist, merger potential
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07:28 EDTEMCEMC upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo analyst Maynard Um upgraded EMC (EMC) to Outperform citing a more favorable risk/reward following the company's reduced guidance. Um sees the potential for a number of strategic corporate actions, some of which he believes could take place before year-end. Most favorable would be a buy-in of EMC's VMware (VMW) stake, Maynard tells investors in a research note. The analyst has a $29-$31 price target range for EMC shares, which closed yesterday up 45c to $25.38.
July 22, 2015
06:59 EDTEMCEMC says 'laser focused' on enhancing shareholder value
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06:58 EDTEMCEMC cuts FY15 adjusted EPS view to $1.87 from $1.91
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06:56 EDTEMCEMC reports Q2 adjusted EPS 43c, consensus 41c
Reports Q2 revenue $6B, consensus $6.1B.

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