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Stock Market & Financial Investment News

News Breaks
July 9, 2014
07:25 EDTRHT, CTXS, VMWVMware downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded VMware (VMW) to Market Perform saying it will be difficult for the company to sustain mid-teens growth in FY15. Wells expects growth in VMware's virtualization business to slow and lowered its price target range for shares to $98-$105 from $107-$117. The firm prefers Citrix (CTXS) and Red Hat (RHT) to VMware.
News For VMW;CTXS;RHT From The Last 14 Days
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August 26, 2015
16:26 EDTVMWOn The Fly: Top stock stories for Wednesday
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16:12 EDTVMWVMware names Ray O'Farrell Chief Technology and Development Officer
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15:27 EDTVMWVMware falls after report EMC board weighing downstream merger proposal
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12:47 EDTVMWOn The Fly: Top stock stories at midday
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12:08 EDTVMWEMC Federation departures suggest changes coming, says Raymond James
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11:50 EDTVMWEMC-VMware report shows board knows status quo 'not an option,' says Wells Fargo
After Re/code's Arik Hesseldahl reported that EMC's (EMC) board is "actively considering" a downstream merger proposal under which it would be acquired by VMware (VMW), Wells Fargo analyst Maynard Um said he views the most important takeaway to be that the board views maintaining the status quo as "not an option" amid the rapid shift in the industry. Um thinks an EMC buy-in of VMware, which the report contends is the preferred option of EMC CEO Joe Tucci, presents a cleaner path with less variables but says that in either case it "seems clear that something will happen," which he views as a positive.
08:23 EDTVMWEMC board 'considering' VMware downstream merger proposal, Re/code reports
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August 25, 2015
08:35 EDTVMWExtreme Networks joins VMware NSX partner ecosystem
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August 20, 2015
14:39 EDTVMWEarnings Watch: Hewlett-Packard reports ahead of company split
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August 17, 2015
07:39 EDTRHTTMC to hold a conference
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