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Dell Returns To The Public Markets With Stock Conversion Funded By VMware Dividend
Monday, July 2, 2018 - 10:23am | 392Read More...Monday’s a good day for just about any investor with a Dell connection. What Happened Dell Technologies Inc (NYSE: DVMT) announced Monday that a committee representing Class V common stockholders approved the conversion of their tracking shares into Class C common stock or cash. The new Class...
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Rod Hall: VMWare, EMC Deal Was 'Never' Likely
Tuesday, September 1, 2015 - 11:36am | 336Read More...VMware, Inc. (NASDAQ: VMW) CEO Pat Gelsinger said during the company's VMWorld event that it was not interested in acquiring EMC Corporation (NYSE: EMC). JP Morgan's Rod Hall said that he was not surprised as the firm was "never particularly convinced" that a deal "was...
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Market Wrap For April 23: S&P 500 Ends Winning Streak, Apple Announces 7-for-1 Stock Split
Wednesday, April 23, 2014 - 4:46pm | 3441Read More...U.S. stocks fell after the S&P 500 and Nasdaq has risen for six consecutive trading sessions after new home sales data came in worse than expected. Investors could reasonably expect the markets to cool off after six straight days of gains especially as earnings continue to come in mixed....
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Market Wrap For March 13: Bears Come Out Of Hibernation As Dow Suffers Largest Daily Loss Since February 3
Thursday, March 13, 2014 - 4:52pm | 2311Read More...U.S. stocks fell as worries piled up over China's economy and further tension in Ukraine. China's combined industrial output growth slowed to 8.6 percent on year in January and February, below a forecast for a 9.5 percent rise and a previous reading of 9.7 percent. The New York Times reported...
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Auriga Initiates Coverage On EMC With Hold Rating
Thursday, May 12, 2011 - 8:38am | 119Read More...According to Auriga, EMC Corporation (NYSE: EMC) coverage is initiated with a Hold rating. Auriga said that it expects EMC will continue to be a share gaining leader in the very attractive storage space, and its exposure to other high growth markets beyond storage suggests a top-line CAGR of 10%+...
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Oppenheimer Reports on EMC Corporation (EMC)
Tuesday, May 10, 2011 - 8:22am | 165Read More...In a report released yesterday, Oppenheimer commented on EMC (NYSE: EMC). In the report, Oppenheimer was positive on the company. Oppenheimer writes, “After attending an investor briefing on the first day of EMC World 2011, we come away more positive on EMC's long term growth opportunities. While...
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Piper Jaffray Maintains Rating, PT On EMC
Friday, April 15, 2011 - 7:37am | 147Read More...Piper Jaffray is maintaining an Overweight rating and a price target of $30 on EMC Corp. (NYSE: EMC). According to Piper Jaffray, “We continue to believe EMC is one of the large cap tech stocks to own in 2011, but 1H results will likely be constrained given Japan and Federal spending concerns. We...
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Piper Jaffray Maintains Rating, PT On EMC
Friday, April 15, 2011 - 7:37am | 147Read More...Piper Jaffray is maintaining an Overweight rating and a price target of $30 on EMC Corp. (NYSE: EMC). According to Piper Jaffray, “We continue to believe EMC is one of the large cap tech stocks to own in 2011, but 1H results will likely be constrained given Japan and Federal spending concerns. We...
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Goldman Sachs Raises EMC Target From $31 To $33
Monday, March 21, 2011 - 7:13am | 28Read More...Goldman Sachs is raising its PT on shares of EMC Corporation (NYSE: EMC) from $31 to $33. EMC Corporation closed Friday at $25.63.
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Wunderlich Raises PT On EMC Corporation To $31.50
Wednesday, January 26, 2011 - 7:49am | 27Read More...Wunderlich Securities has raised the price target on EMC Corporation (NYSE: EMC) from $28 to $31.50 and maintains its Buy rating.
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Citigroup Expects Above-Consensus EMC 4Q
Tuesday, January 25, 2011 - 9:37am | 133Read More...“Given the strength in VMware (NYSE: VMW) results, we expect EMC Corporation (NYSE: EMC) revenue and non-GAAP EPS to come in modestly above our/consensus estimates of $4.78B/$4.79B and our in-line EPS estimate of $0.41,” Citigroup wrote in a report this morning. “VMware's beat-and-raise quarter...
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EMC Pipeline Remains Robust, Piper Jaffray Reports
Thursday, December 30, 2010 - 9:17am | 125Read More...Piper Jaffray said that it believes that EMC Corporation's (NYSE: EMC) pipeline for 2011 remains robust and view EMC's current product line as extremely competitive. “Server virtualization (VMware) and Data Deduplication (Data Domain) should remain two of the hottest segments in the data center and...
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Piper Jaffray Raises PT On EMC Corporation
Thursday, December 30, 2010 - 7:56am | 22Read More...Piper Jaffray has raised the price target on EMC Corporation (NYSE: EMC) from $23 to $26.
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Goldman Resumes Coverage On EMC At Buy
Monday, December 13, 2010 - 7:58am | 146Read More...Goldman Sachs has published a research report on EMC Corporation (NYSE: EMC) and has resumed coverage with a Buy rating. In the report, Goldman writes "We see several catalysts in 2011 that are likely to drive the stock higher. First, we expect the fourth-quarter earnings release in January to...
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EMC Downgraded To Perform
Friday, October 22, 2010 - 9:25am | 160Read More...Oppenheimer has published a research report on EMC Corporation (NYSE: EMC) as an upside for the company's earnings has become increasingly more difficult to identify, causing Oppenheimer to downgrade EMC to Perform. In the report, Oppenheimer writes "We're downgrading EMC to Perform from Outperform...
