Posts for Ticker ‘VMW’

Tech Titans Still Have $269 Billion Cash For Deals (MSFT, CSCO, AAPL, GOOG, INTC, HPQ, QCOM, EMC, VMW, YHOO, DELL, ORCL, JAVA, AMZN, EBAY)

The recovery is on and mergers are happening, yet the technology sector has been slow to make deals.  Despite some deals already having taken place from the technology giants and that $260 billion cash balance which was there in the middle of last quarter is even larger now.  The tally for cash by our count is now right around $269 billion.  We looked through the top market caps of technology companies in our 24/7 Wall St. Real-Time 500 and this list is expanded now that some issues have been resolved in all the companies.  The stocks in this group are Microsoft Corporation (NASDAQ: MSFT), Cisco Systems Inc. (NASDAQ: CSCO), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Intel Corp. (NASDAQ: INTC), Oracle Corp. (NASDAQ: ORCL), Sun Microsystems Inc. (NASDAQ: JAVA), Hewlett-Packard Company (NYSE: HPQ), QUALCOMM Inc. (NASDAQ: QCOM), EMC Corporation (NYSE: EMC), International Business Machines (NYSE: IBM), Dell Inc. (NASDAQ: DELL), Yahoo! Inc. (NASDAQ: YHOO), Amazon.com Inc. (NASDAQ: AMZN), and eBay Inc. (NASDAQ: EBAY).

These few tech companies with the $269 billion cash that could be deployed for mergers, acquisitions, or the good old dividends are also listed before tallying up credit lines, factoring, debt sales, and other creative financing methods.  We have listed the suppositions and counting methods for each one to illustrate how much is available at each company.
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Posted on: November 10, 2009 – 1:07 pm in Consumer Electronics, Dividend, Editor's Picks, Internet, Large Cap Stocks, Mergers and Buy Outs, PC Companies, Private Equity, Rumors, Semiconductor, Technology Companies, Value Investing, , , , , , , , , , , , , , , , ,

Top 10 Analyst Upgrades, Downgrades, Initiations (COH, ITG, K, LYG, WFR, STI, TWX, TOL, VMW, ZUMZ)

These are this Friday mornings top ten analyst upgrades, downgrades, and initiations of coverage from Wall Street firms:

Coach Inc. (NYSE: COH) Raised to Buy at Jefferies.
Investment Technology Group (NYSE: ITG) Cut to Neutral at JPMorgan.
Kellogg Company (NYSE: K) Raised to Buy at Citigroup.
Lloyds Banking Group (NYSE: LYG) ADR upgraded at both BNP Paribas and Credit Suisse.
MEMC Electronics (NYSE: WFR) Raised to Buy at Soleil.
SunTrust Banks (NYSE: STI) Raised to Equal-Weight at Morgan Stanley.
Time Warner Inc. (NYSE: TWX) Raised to Outperform at Credit Suisse.
Toll Brothers (NYSE: TOL) Raised to Buy at Citigroup.
VVMware (NYSE: VMW) Cut to Neutral at Goldman Sachs.
Zumiez (NYSE: ZUMZ) Raised to Buy at Jefferies.

You can join our open email distribution list to get updates on top analyst upgrades and downgrades, top day trader alerts, IPO’s, secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: October 30, 2009 – 8:09 am in Analyst Calls, , , , , , , , , ,

VMware Delivers (VMW)

VMware LogoVMware, Inc. (NYSE: VMW) has just posted its Q3 earnings report of $0.24 EPS on a non-GAAP basis on $490 million in revenues.  Thomson Reuters had estimates at $0.20 EPS on $473.95 million in revenues. The US revenues were down 1% from a year ago at $246 million, while international revenues rose 9% to $244 million.
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Posted on: October 21, 2009 – 4:11 pm in Earnings, Software,

Earnings on Deck: VMware & EMC (VMW, EMC)

After the close of trading today, we will get a look at the earnings report from VMware, Inc. (NYSE: VMW).  The company’s former parent and still-majority shareholder (by far) is EMC Corp. (NYSE: EMC), and it has earnings on deck for tomorrow morning.  We have prepared detailed previews with Thomson Reuters estimates, what to look for in guidance, and added color.  We have also added in the performance of each stock since June 30, and we have included the stock performance since the March 9 close which traders are using as the official date of the end of the market death spiral.
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Posted on: October 21, 2009 – 1:55 pm in Earnings, Software, Technology Companies, ,

Major Tech Earnings on Deck (AAPL, TXN, SNDK, STX, WDC, YHOO, EBAY, VMW, EMC, AMZN, BRCM, JNPR, SYNA, MSFT)

This week is going to make last week’s earnings flood look like elementary school.  We have the floodgates opening for technology, web, software, hardware, and IT, and 24/7 Wall Street has previewed 14 of the top technology stocks that are on deck to report earnings this coming week:  Apple Inc. (NASDAQ: AAPL), Texas Instruments Inc. (NYSE: TXN), SanDisk Corp. (NASDAQ: SNDK), Seagate Technology (NASDAQ: STX), Western Digital Corp. (NYSE: WDC), Yahoo! Inc. (NASDAQ: YHOO), eBay Inc. (NASDAQ: EBAY), VMware, Inc. (NYSE: VMW), EMC Corp. (NYSE: EMC), Amazon.com, Inc. (NASDAQ: AMZN), Broadcom Corp. (NASDAQ: BRCM), Juniper Networks, Inc. (NASDAQ: JNPR), Synaptics Inc. (NASDAQ: SYNA), and Microsoft Corporation (NASDAQ: MSFT).

We have provided the first details for earnings, Thomson Reuters consensus data, added color of our own on the earnings trends, listed key issues to watch, and included the performance from the June 30 close and from the March 9 close that traders are using as the key pivotal turning day where the bear market died and a new bull market run began.
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Posted on: October 17, 2009 – 11:25 am in Calendar, Earnings, Internet, Semiconductor, Technology Companies, , , , , , , , , , , , , , ,

Top Analyst Upgrades (AMD, AMGN, BDK, BMY, CTXS, KR, MA, PCG, SYMC, V, VMW)

These are the top early-bird analyst upgrades and positive research calls which we have seen from Wall Street early this Monday morning:

Advanced Micro Devices (NYSE: AMD) Raised to Buy at UBS.
Amgen (NASDAQ: AMGN) Raised to Buy at UBS.
Black & Decker (NYSE: BDK) Started as Overweight at Barclays.
Bristol-Myers Squibb (NYSE: BMY) Added to Goldman Sachs Top M&A List.
Citrix Systems (NASDAQ: CTXS) Raised to Hold at Jefferies.
Kroger (NYSE: KR) Raised to Overweight at JPMorgan.
Mastercard (NYSE: MA) Raised to Outperform at Credit Suisse.
PG&E (NYSE: PCG) Raised to Buy at Jefferies.
Polaris (NYSE: PII) Raised to Buy at Citigroup.
Symantec (NASDAQ: SYMC) Raised to Buy at Jefferies.
Visa (NYSE: V) Raised to Outperform at Credit Suisse.
VMware (NYSE: VMW) Raised to Hold at Jefferies.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: October 12, 2009 – 7:18 am in Analyst Calls, , , , , , , , , , ,

Today’s Best Market Rumors (10/6/2009) (CTIC)(DDRX)(BA)(XOM)(GOOG)(AIG)(BAC)(AAPL)

newspaperUpdates throughout the day.

Update 2.40 PM EST: Biotech Cell Therapeutics (CTIC) is getting crushed, down 13% to $.95 on over 46 million shares. Rumors of insider selling, troubles with OPAXIO cancer, and possible dilution from possible raising of capital (various)

Update 1.50 PM EST: Cult stock Diedrich Coffee (DDRX) down 7% on heavy volume based on rumors shorts are aggressively moving into the shares  which are up almost 7,000% this year.  (various)

Update 12.05 PM EST:  After announcing a delay in the 747-8 Freighter and a $1 billion charge, Boeing (BA) CEO Jim McNerney’s job could be on the line (DJ Newswires).

Update 9.55 AM EST: Exxon Mobil (XOM) has agreed to buy Kosmos Energy’s stake in the Jubilee field in Ghana. (CNBC)

Kaufman industry sources say BMC, Citrix (CTXS), VMware (VMW), Symantec (SYMC), and CA (CA) are potential tech  buyout targets. (Briefing.com)

Yahoo! (YHOO) might sell Zimbra, Hot Jobs, and Yahoo! Small Business. (SAI)

Rogers Communications will lose its exclusive deal for selling the Apple (AAPL) iPhone in Canada. Telus and Bell Canada will get franchises (Globe and Mail).

Pay czar Kenneth Feinberg will cut cash compensation for executives at a number of firms which may include AIG (AIG), Citigroup (C), and Bank of America (BAC)   (WSJ)

Citigroup’s Pandit could be the next big bank CEO pushed out the door. (The Deal)

Lawyers working on Viacom’s (VIA) lawsuit against Google’s (GOOG) YouTube have found e-mails uncovered evidence that “employees of the video site were among those who uploaded unauthorized content to YouTube.” (CNET)

Douglas A. McIntyre

 

Posted on: October 6, 2009 – 9:14 am in Rumors, , , , , , , , , , , , , ,

Top Analyst Upgrades (ALL, AMT, AAPL, CCI, ETFC, HGG, KBH, MFE, PCG, PG, SBUX, TOL, VMW)

These are this Friday morning’s top pre-market analyst upgrades and positive research calls from Wall Street affecting shares:

Allstate (ALL) Raised to Buy at Argus.
American Tower Corp. (AMT) Started as Outperform at Oppenheimer.
Apple (AAPL) Raised to Outperform at Macquarie.
Crown Castle International (CCI) Started as Outperform at Oppenheimer.
E*TRADE Financial (ETFC) Raised to Buy at Goldman Sachs.
Hhgregg (HGG) Raised to Overweight at Barclays.
KB Home (KBH) Raised to Overweight at JPMorgan.
McAfee (MFE) Started as Outperform at William Blair.
PG&E Corp. (PCG) Started as Overweight at Morgan Stanley.
Procter & Gamble (PG) Raised to Buy at Citigroup.
Starbucks (SBUX) Raised to Overweight at Piper Jaffray.
Toll Brothers (TOL) Raised to Overweight at JPMorgan.
VMware (VMW) Target raised to $32 from $23 at Auriga.

You can join our open email distribution list which goes out several times per week for top analyst upgrades and downgrades, top day trader alerts, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: September 18, 2009 – 8:10 am in Analyst Calls, Pre-Market Activity, Trading Alert, , , , , , , , , , , , ,

Top Analyst Upgrades (ADPI, EXP, GE, GSM, IHG, ERIC, PMT, RHT, TKTM, VMW)

These are some of the top early morning analyst upgrades and positive research calls we have seen from Wall Street early this Tuesday morning:

American Dental (ADPI) Started as Outperform at Robert W. Baird.
Eagle Materials (EXP) Raised to Neutral at JPMorgan.
General Electric (GE) raised to Overweight at JPMorgan.
Globe Specialty Metals (GSM) Started as Buy at Jefferies & Co.
Intercontinental Hotels Group (IHG) Raised to Outperform at Credit Suisse.
LM Ericsson (ERIC) Raised to Hold from Sell at Deutsche Bank.
PennyMac Mortgage (PMT) STarted as Buy at Deutsche Bank.
Red Hat (RHT) Raised to Buy at Goldman Sachs.
Ticketmaster (TKTM) Raised to Overweight at Thomas Weisel.
VMware (VMW) Raised to Buy at Goldman Sachs.

JON C. OGG

Posted on: September 8, 2009 – 8:09 am in Analyst Calls, , , , , , , , , ,

Media Digest 8/31/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   The best investment for Chinese companies may be the nation’s own 1.3 billion person home market.

Reuters:   Japan’s Democrats took power.

Reuters:   Economists say there is no need for a second stimulus package.

Reuters:   The Fed made $14 billion on loans made during the credit crisis. Read More »

Posted on: August 31, 2009 – 4:03 am in Press Digest, , , , , , , , , ,

Top 10 Analyst Upgrades & Downgrades (BT, ELY, CBS, CTXS, DUK, INFY, LINTA, NZ, RIMM, VMW)

These are the top ten brokerage firm analyst upgrades and downgrades we have seen from Wall Street early this Monday morning:

BT Group (BT) Raised to Overweight at JPMorgan.
Callaway Gold (ELY) Raised to outperform at JMP Securities.
CBS Corp. (CBS) Cut to Hold at Argus.
Citrix Systems (CTXS) Cut to Underperform at Jefferies.
Duke Energy (DUK) Cut to Perform at Oppenheimer.
Infosys (INFY) Raised to Buy at Deutsche Bank.
Liberty Media (LINTA) Raised to Overweight at JPMorgan.
Netezza (NZ) Raised to Overweight at JPMorgan.
Research In Motion (RIMM) Cut to Neutral at UBS.
VMware (VMW) Cut to Underperform at Jefferies.

JON C. OGG
AUGUST 10, 2009

Posted on: August 10, 2009 – 8:08 am in Analyst Calls, , , , , , , , , ,

Top 10 Analyst Upgrades and Downgrades (ATHN, CMO, CYOU, CTXS, EBAY, LOGI, NTAP, SANM, SNDA, VMW)

These are the top ten analyst upgrades and downgrades we have seen from Wall Street this Thursday morning:

AthenaHealth (ATHN) Started as Buy at Maxim.
Capstead Mortgage (CMO) Cut to Market Perform at KBW.
Changyou.com (CYOU) Cut to Neutral at Susquehanna.
Citrix Systems (CTXS) Cut to Hold at Needham.
eBay (EBAY) Raised to Outperform at RBC.
Logitech (LOGI) Cut to Neutral at UBS.
Network Appliance (NTAP) Raised to Overweight at Piper Jaffray.
Sanmina-SCI (SANM) Raised to Neutral at Credit Suisse.
Shanda Interactive (SNDA) Cut to Negative at Susquehanna.
VMware (VMW) Raised to Buy at Needham.

Jon C. Ogg
July 23, 2009

Posted on: July 23, 2009 – 7:19 am in Analyst Calls, , , , , , , , , ,

VMWare Slows, Yet Stock Soars (VMW)

VMware Inc. (NYSE: VMW) is showing that the limitless growth of virtualization either does have some limits or that the recession put a real cap on its growth.  The virtualization leader posted $0.20 in non-GAAP EPS on revenues of $465 million.  Thomson Reuters had consensus estimates as $0.19 EPS and under $453 million in revenues.  The company’s net income fell 38% after items to $33 million, or $0.08 EPS, on higher operating expenses.
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Posted on: July 22, 2009 – 3:52 pm in Earnings, Software,

IBM’s Virtualization Push (IBM, VMW, CTXS, MSFT, ORCL)

IBM LogoIBM (NYSE: IBM) is getting deeper into the race in virtualization.  The company is entering what was a fast growth and now suddenly crowded space along with the clear virtualization leader VMware Inc. (NYSE: VMW).  Microsoft (NASDAQ: MSFT) has tried to make a dent here, as has Citrix Systems (NASDAQ: CTXS), and even Oracle Corp. (NASDAQ: ORCL) recently acquired VirtualIron and some from its acquisition of Sun Microsystems.
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Posted on: July 21, 2009 – 7:26 am in Software, Technology Companies, , , , ,

Top Analyst Upgrades (BK, NILE, LLL, NTRS, PRU, VMW, YHOO)

These are some of the top pre-market analyst upgrades and positive research calls we have seen from Wall Street early this Tuesday morning:

Bank of New York Mellon (BK) Raised to Buy at BofA/Merrill.
Blue Nile (NILE) Raised to Buy at Citigroup.
L-3 Communications (LLL) Raised to Overweight at JP Morgan.
Northern Trust (NTRS) Raised to Buy at BofA/Merrill.
Prudential (PRU) Raised to Overweight at JP Morgan.
VMware (VMW) Raised to Hold at Jefferies.
Yahoo! (YHOO) Started as Buy at Canaccord.

JON C. OGG

Posted on: July 14, 2009 – 6:32 am in Analyst Calls, , , , , , ,

Media Digest 7/7/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Japanes Topix index is expect to rise to 1,000.

Reuters:   The US may need a second stimulus package.

Reuters:   Hospitals have agreed to contribute $155 billion over ten years to help with the healthcare package.

Reuters:   Treasury is ready to push Wall St. on starting a consumer protection agency.

Reuters:   Lear filed for bankruptcy. Read More »

Posted on: July 7, 2009 – 2:55 am in Autos, Banking, Earnings, Healthcare, Luxury, Mergers and Buy Outs, Pharmaceuticals, Press Digest, Wireless, , , , , , , ,

VMware Already Investing In IT Infrastructure Company (VMW, TMRK)

Money Stack ImageTerremark Worldwide, Inc. (NASDAQ:TMRK) is not a name that normally comes up in discussions among tech investors, although it is a provider of managed IT infrastructure services.  What is going to draw attention to it on Tuesday is that virtualization leader VMware, Inc. (NYSE:VMW) is taking an equity stake in Terremark.
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Posted on: May 26, 2009 – 3:24 pm in Mergers and Buy Outs, Software, ,

Virtualization War: Oracle/Sun & VI Acquisition vs. VMware & Microsoft (ORCL, JAVA, MSFT, VMW, EMC)

Oracle LogoOracle Corp. (NASDAQ: ORCL) is already in the process of acquiring Sun Microsystems Inc. (NASDAQ: JAVA).  This morning came an announcement that Oracle was buying a private company called VirtualIron.  Normally private company buyouts are tiny, but this is a solid and established virtualization player for undisclosed terms.  It will allow Larry Ellison and friends to be a lower cost provider against virtualization leader VMware, Inc. (NYSE: VMW) and may allow Oracle to compete against Microsoft Corp. (NASDAQ: MSFT) in one more arena.
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Posted on: May 13, 2009 – 4:30 pm in Mergers and Buy Outs, Software, Technology Companies, , , , ,

Analysts & Charts Capitulate in VMware (VMW)

burning-money-pic23VMware, Inc. (NYSE: VMW) is down sharply this morning on fairly aggressive selling.  The company’s guidance is the culprit, and that is on top of soft revenues.  Then this morning we have seen many analysts throwing in the towel here.  We would expect to see even more calls throughout the morning.  There are some more clearly defined levels on the charts now as well.  Here are today’s analyst downgrades or cautious calls:

Posted on: April 23, 2009 – 8:02 am in Analyst Calls, Software, Technology Companies,

Media Digest 4/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaper22According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress.

Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by the Treasury to keep quiet about Merrill Lynch’s troubles.

Reuters reports that US existing home sales probably slipped in March.

Reuters writes that the Treasury has made a new offer to Chrysler’s creditors.

Reuters reports that the founder of News Corp’s (NWS) MySpace will step down. Read More »

Posted on: April 23, 2009 – 3:05 am in Press Digest, , , , , , , , , , , , , , ,