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Dell Shares Jump As Report Says Company Considering Options For Its 81% Stake In VMWare
Wednesday, June 24, 2020 - 4:57am | 309The shares of Dell Technologies Inc. (NYSE: DELL) and VMware Inc. (NYSE: VMW) jumped in the pre-market session on Wednesday. What Happened Dell is considering options for its 81% stake in the cloud company, including creating a spinoff, the Wall Street Journal reported earlier in the day....
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EMC-Lenovo Deal Troubles HP Investors
Wednesday, August 1, 2012 - 4:26pm | 539EMC Corp.(NYSE: EMC), the biggest maker of data storage devices, and Lenovo Group, the world's second-biggest personal-computer maker, announced a major partnership Wednesday intended to help boost sales of storage equipment and servers that run corporate networks. That could may be bad news for...
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UPDATE: Wedbush Raises PT on EMC Corp. to $30 (EMC)
Thursday, April 7, 2011 - 7:51am | 111Wedbush is out with its report today on EMC Corp. (NYSE: EMC), raising its PT from $29 to $30. In a note to clients, Wedbush writes, "EMC is executing well and still owns about 80% of marquee company VMWare. EMC stock has outperformed many of the large cap tech stocks in 2010, and we expect the...
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Brean Murray Carret Maintains Buy on EMC Corp. (EMC)
Wednesday, February 9, 2011 - 11:23am | 127Brean Murray Carret is out with its report today on EMC Corp. (NYSE: EMC), maintaining Buy and a $30 PT. In a note to clients, BMC writes, "Unexpectedly EMC stated it expects $28B+ in revenue by 2014 (~13% revenue growth CAGR from 2011 – 2014) and even stronger growth in EPS (unspecified). Our...