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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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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.

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