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Stock Market & Financial Investment News

News Breaks
March 17, 2014
10:03 EDTGFED, RPXC, WYY, VMW, IBP, NMBL, RNGOn The Fly: Analyst Initiation Summary
Guaranty Federal Bancshares (GFED) initiated with an Outperform at Raymond James... RPX Corp. (RPXC) initiated with an Outperform at Cowen... WidePoint (WYY) initiated with a Buy at B. Riley... VMware (VMW) initiated with a Buy at Monness Crespi... Installed Building Products (IBP) initiated with a Hold at KeyBanc... Nimble Storage (NMBL) initiated with a Neutral at Longbow... RingCentral (RNG) initiated with an Outperform at William Blair.
News For GFED;RPXC;WYY;VMW;IBP;NMBL;RNG From The Last 14 Days
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September 30, 2014
07:47 EDTWYYWidePoint awarded two new Task Orders from federal agencies
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September 28, 2014
20:10 EDTVMWEMC buyout rumors could be good for VMware, Barron's says
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September 25, 2014
07:42 EDTIBPInstalled Building Products management to meet with UBS
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September 24, 2014
11:42 EDTVMWMobileiron advances after analyst sees easing competition
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07:48 EDTIBPInstalled Building Products management to meet with UBS
Meetings to be held in Dallas/Houston on September 24 hosted by UBS.
September 23, 2014
06:33 EDTVMWHP was primarily interested in EMC's VMware stake, Re/code reports
HP (HPQ) was interested in merging with EMC (EMC) primarily due to the latter company's 80% stake in VMware (VMW), according to Re/code, which cited unnamed sources. The deal discussed between HP and EMC was an all-stock transaction that would have created a combined company worth about $130B, Re/code stated. Reference Link
September 22, 2014
13:02 EDTVMWEMC exploring options ahead of CEO retirement, Bloomberg reports
EMC (EMC) is exploring strategic options ahead of the 2015 retirement of its CEO Joseph Tucci, Bloomberg reports, citing people familiar with the discussions. The options could include a full or partial sale, or a spinoff of VMware (VMW), Bloomberg added, citing sources.
12:50 EDTVMWEMC jumps after reports detail takeover talks
The shares of cloud application provider EMC (EMC) are rising in a down market after Wall Street Journal reported that the company had held talks about selling itself to HP (HPQ) and Dell. WHAT'S NEW: EMC held on-and-off merger talks with HP for almost a year, but those talks have ended, Wall Street Journal reported today. Dell also held talks with EMC about a takeover, the newspaper added. According to a CNBC’s David Faber, the takeover talks between HP and EMC went on for months, but the two sides couldn't agree on a price, as EMC wanted HP to pay a large premium to its stock price. Tiernan Ray of Barron's added today that the takeover talks between the companies could resume, citing a source. WHAT'S NOTABLE: The New York Post reported on September 11 that EMC was considering selling its 80% stake in cloud computing infrastructure provider VMware (VMW). UBS analyst Steven Milunovich responded to The Post's report by writing on the same day that EMC had become a potential takeover target itself. HP, Oracle (ORCL) and Cisco (CSCO) could buy EMC, the analyst wrote. PRICE ACTION: In early afternoon trading, EMC added 1% to $30, while VMware added 1% to $95.
11:03 EDTWYYWidePoint management to meet with B. Riley
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September 18, 2014
12:58 EDTVMWEarnings Preview: Morgan Stanley views Oracle's Q1, Q2 estimates as 'achievable'
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07:51 EDTWYYWidePoint receives $23.4M task order from USCIS
WidePoint subsidiary iSYS LLC has received a new Task Order under the Department of Homeland Security (Cellular Wireless Managed Services Blanket Purchase Agreement. The total value of this task order, placed by DHS component U.S. Citizenship and Immigrations Services, is $23.4M with one base year and four option year periods. This is the fourth Task Order iSYS has received under the DHS CWMS Blanket Purchase Agreement to date.

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