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Stock Market & Financial Investment News

News Breaks
January 29, 2014
08:57 EDTVMWVMware results strong, says RBC Capital
After VMware reported results that were stronger than the original consensus before its preannouncement, RBC Capital thinks the results showed widespread strength at the company. The firm thinks the decline in the stock after the results was due to confusion over license bookings, and was unwarranted. The firm keeps a $120 price target and Outperform rating on the shares.
News For VMW 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 8, 2014
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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