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JPMorgan Shares Several Reasons VMware Is More Attractive Now Than A Year Ago
Thursday, September 8, 2016 - 1:31pm | 431Read More...JPMorgan reinstated coverage of VMware, Inc. (NYSE: VMW) with an Overweight rating and $90 price target on uptick in practice growth rates and strong customer adoption of vSAN, NSX and potentially VxRail. Prior to restriction, JPMorgan has a Neutral rating and December 2015 price target of $88 on...
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Oracle Versus Salesforce: Trip Chowdhry Says Salesforce's Woes Are 'Fixable'
Monday, August 22, 2016 - 1:35pm | 447Read More...How does salesforce.com, inc. (NYSE: CRM)'s business stack up to the much larger Oracle Corporation (NYSE: ORCL)? According to Global Equities Research's Trip Chowdhry, salesforce is in an "uncomfortable position" compared to its peer, as it is "technology light and marketing heavy" and faces near...
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Pure Storage: Baird Stays On The Sidelines, Names Cisco Systems As Possible Buyer
Wednesday, June 29, 2016 - 3:55pm | 403Read More...Baird recommends investors stay on the sidelines with Pure Storage Inc (NYSE: PSTG), a provider of all-flash array (AFA) storage solutions, unless the market-share trajectory becomes clearer. Further, the brokerage said Cisco Systems, Inc. (NASDAQ: CSCO) and Hitachi, Ltd. (ADR) (OTC: HTHIY) could...
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Report: VMware To Oversee A 'Big' Headcount Reduction
Friday, January 22, 2016 - 4:44pm | 224Read More...According to Fortune, VMware, Inc. (NYSE: VMW) is expected to announce a large headcount reduction plan next week. Fortune, citing "sources close to the server virtualization giant," reported that VMware could lay off up to 900 people, representing approximately 5 percent of its total workforce....
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Barron's Recap: Barnes & Noble, DSW Could Skyrocket
Sunday, October 25, 2015 - 10:23pm | 905Read More...The cover story in this weekend's Barron's features the launch of the new Barron's Alternatives Monthly. This issue also includes picks from the Barron's Art of Successful Investing conference. The prospects for Sherwin-Williams, GlaxoSmithKline, Barnes & Noble...
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Barron's Recap: The Fall Big Money Poll Reveals Bulls
Sunday, October 18, 2015 - 5:48pm | 862Read More...The cover story in this weekend's Barron's offers the results of the latest Big Money Poll. This issue also includes a look at Michael Dell's bid for EMC Corporation (NYSE: EMC), as well as the best play in wireless. The prospects for Fifth Third Bancorp (NASDAQ: FITB), Tribune Media Co (NYSE:...
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EMC-Dell Merger Rumor: What You Need To Know
Thursday, October 8, 2015 - 10:31am | 312Read More...Shares of EMC Corporation (NYSE: EMC) rose nearly 4 percent Thursday morning. Various media reports such as The Wall Street Journal and CNBC reported that Dell and EMC are discussing a potential merger. Aaron Rakers of Stifel commented in a note that a combination between EMC and Dell...
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Pacific Crest Downgrades EMC With Seasonal, Secular And Competitive Risks Cited
Friday, March 27, 2015 - 9:46am | 154Read More...In a report published Thursday, Pacific Crest analyst Brent Bracelin downgraded shares of EMC Corporation (NYSE: EMC) to Sector Perform from Outperform with no established price target (but a fair-value range of $24 to $28) due to increasing seasonal, secular and competitive risks. According to...
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Pacific Crest Doesn't Expect EMC's Profit Recovery To Materialize Until 2016
Monday, January 26, 2015 - 11:27am | 147Read More...Brent Bracelin of Pacific Crest Securities on Sunday commented in a note that EMC Corporation's (NYSE: EMC) profits are likely to “snap back materially” in 2016 after a three-year investment period. Bracelin notes that EMC's profits rose 40 percent, 21 percent and 14 percent during 2010, 2011 and...
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Markets Rebound After Getting Crushed Intraday, Still Close Lower
Wednesday, October 15, 2014 - 4:57pm | 2525Read More...U.S. stocks tumbled further on Wednesday and recovered significantly from intraday lows in a day of heavily volatility. The Dow traded lower by more than 450 points, dipping below 16,000 levels the index hasn't seen since February. The index recovered most of the losses but still closed the...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 5:06pm | 2294Read More...U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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CNBC's David Faber: Hewlett-Packard Company, EMC Corporation Deal 'Unlikely, But Still Possible'
Wednesday, October 8, 2014 - 12:03pm | 208Read More...CNBC's David Faber, citing sources familiar with the story, said that Hewlett-Packard Company (NYSE: HPQ) and EMC Corporation (NYSE: EMC) are still working on due diligence over a potential deal. The news anchor also said that sources familiar with the deal are saying that a combination of...
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Elliott Management Further Details Its Position On EMC Corporation, VMware, Inc. In New Letter
Wednesday, October 8, 2014 - 9:47am | 459Read More...On Wednesday, Elliott Management wrote a letter to EMC Corporation's (NYSE: EMC) board of directors and company CEO Joe Tucci. Elliot Management owns 2.2 percent of the common stock of EMC, making the activist firm one of the largest shareholders. In the letter, Elliott Management states...
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Barron's Recap: ETF Special Report
Sunday, August 3, 2014 - 2:20pm | 864Read More...This weekend in Barron's online: a special report on exchange-traded funds, as well as the prospects for EMC, D.R. Horton, United Stationers and more. Cover Story "Can ETFs Be Derailed?" by Jonathan R. Laing. Exchange-traded funds are like blockbuster drugs, says this week...
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Markets Steady Despite Mixed Economic Data
Thursday, July 24, 2014 - 4:42pm | 2792Read More...U.S. stocks were little changed as economic data came in mixed. The Commerce Department reported that new home sales fell in the month June, while initial jobless claims came in better than expected. Investors and traders cheered positive quarterly results from Facebook and Ford, while news...
