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Stock Market & Financial Investment News

News Breaks
January 22, 2014
09:06 EDTVMW, FTNTSpending increasing on security, infrastructure software, says Pacific Crest
After conducting checks, Pacific Crest reports that spending on both infrastructure and security software appear to be rebounding. The firm believes that spending on security appears to be particularly strong. It identifies VMware (VMW) and Fortinet (FTNT) as its favorite names In these sectors ahead of earnings. It keeps Outperform ratings on both stocks.
News For VMW;FTNT From The Last 14 Days
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August 19, 2014
08:11 EDTVMWVMware promotes Betsy Sutter to SVP, Chief People Officer
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08:09 EDTVMWVMware updates executive responsibilities
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August 13, 2014
10:01 EDTFTNTOn The Fly: Analyst Initiation Summary
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August 12, 2014
16:26 EDTFTNTFortinet initiated with an Overweight at Piper Jaffray
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August 8, 2014
12:53 EDTFTNTProofpoint jumps after analyst starts with Outperform rating
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09:15 EDTVMWOn The Fly: Pre-market Movers
HIGHER: NVIDIA (NVDA), up 4.2%, upgraded at Needham following its better than expected Q2 results... Arista Networks (ANET), up 8%, upgraded at Citigroup following better than expected Q2 results, announcing an expanded strategic relationship with VMware (VMW)... Tekmira Pharmaceuticals (TKMR), up 17.5% after announcing that the FDA verbally confirmed they have modified the full clinical hold placed on its TKM-Ebola treatment to a partial clinical hold... Gap (GPS), up 4.7% after July same-store sales rose 2%, company issues Q2 EPS outlook above the consensus estimate... lululemon (LULU), up 2.4% after founder agrees to sell half his stake to Advent for $845M. UP AFTER EARNINGS: SolarCity (SCTY), up 1%... Assured Guaranty (AGO), up 9%... MercadoLibre (MELI), up 13.6%. LOWER: Zynga (ZNGA), down 6% after lowering fiscal 2014 guidance... McDonald's (MCD), down 0.4% after Chinese supplier issue contributes to July comparable sales drop of 2.5%.
08:32 EDTVMWVMware, others could benefit from increased cloud adoption, says Pacific Crest
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08:13 EDTVMWArista Networks, VMware enter strategic relationship
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August 6, 2014
18:54 EDTVMWOn The Fly: After Hours Movers
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16:08 EDTVMWVMware authorizes $1B stock repurchase program
VMware announced that its board has authorized the purchase of up to $1.0B of its class A common stock through the end of 2016. Stock will be purchased from time to time, in the open market or through private transactions, subject to market conditions. The company expects the equity purchase program to help partially offset dilution from its equity programs. The new stock repurchase authorization is in addition to the company's ongoing $700M stock repurchase program, originally announced August 7, 2013.

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