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March 13, 2014
07:37 EDTVMWVMware checks indicate strong 2014, says FBR Capital
FBR Capital said its recent channel checks on VMware indicate good demand in the virtualization space. FBR believes the company is poised for a strong 2014 and raised its price target for shares to $120 from $115. It maintains an Outperform rating on VMware.
News For VMW From The Last 14 Days
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July 7, 2015
19:01 EDTVMWOn The Fly: After Hours Movers
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16:20 EDTVMWVMware backs Q2 EPS view of 90c-92c, consensus 91c
Backs Q2 revenue guidance of $1.58B-$1.6B, consensus $1.59B. VMware expects to report non-GAAP total revenue for Q2 that excludes the recently announced settlement with the Department of Justice and General Services Administration for $75.5M, which was paid in cash in Q2.This payment will be recorded as a reduction of total revenues and GAAP EPS in VMware's Q2 financial statements. The settlement will have no effect on non-GAAP revenue or non-GAAP EPS, but was not reflected in VMware's previously provided cash flow guidance for 2015. VMware expects its Q2 non-GAAP total revenue to be in-line with its previously issued total revenue guidance of between $1.58B-$1.6B and expects its Q2 non-GAAP EPS to be in-line with its previously issued guidance of between 90c-92c.
July 6, 2015
10:01 EDTVMWOn The Fly: Analyst Downgrade Summary
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06:29 EDTVMWFBR cuts VMware to Market Perform on growth concerns
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05:50 EDTVMWVMware downgraded to Market Perform from Outperform at FBR Capital
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July 1, 2015
05:57 EDTVMWVMware, Carahsoft pay $75.5M to settle claims of overcharging government
VMware and Carahsoft Technology Corporation yesterday agreed to pay $75.5M to resolve allegations that they violated the False Claims Act by misrepresenting their commercial pricing practices and overcharging the government on VMware software products and related services, the Department of Justice announced. VMware is a Delaware corporation that specializes in computer virtualization software and has its principal place of business in Palo Alto, California. Carahsoft is a privately held Maryland corporation that distributes information technology products to federal, state and local governments and has its principal place of business in Reston, Virginia. The settlement resolves allegations that VMware and Carahsoft made false statements to the government in connection with the sale of VMware products and services under Carahsoft’s MAS contract. These false statements allegedly concealed the companies’ commercial pricing practices and enabled the companies to overcharge the government for VMware’s products and services from 2007 through 2013. The civil settlement resolves a lawsuit filed under the whistleblower provision of the False Claims Act, which permits private parties to file suit on behalf of the United States for false claims and obtain a portion of the government’s recovery. The civil lawsuit was filed in the Eastern District of Virginia by Dane Smith, who is a former vice president of the Americas at VMware Inc. Smith’s share of the recovery has not been determined.
June 29, 2015
10:02 EDTVMWHP 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 25, 2015
12:59 EDTVMWOptions with increasing implied volatility
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June 24, 2015
11:16 EDTVMWOptions with increasing implied volatility
Options with increasing implied volatility: WMB AMZN CMG BIIB VMW QLIK ISRG FB UA FFIV
10:00 EDTVMWOn The Fly: Analyst Upgrade Summary
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07:57 EDTVMWVMware upgraded to Conviction Buy from Buy at Goldman
Goldman added VMware to the Conviction Buy List and maintained its $102 price target. The firm believes VMware will benefit from improving execution, accelerating cash flow, ELA renewals, and growth from expanded product adoption and gains in emerging areas.

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