Arbitrage Risk/Reward Inverted on Data Domain (DDUP, NTAP, EMC)
The long battle over Data Domain Inc. (NASDAQ: DDUP) may soon be coming to an end. NetApp Inc. (NASDAQ: NTAP) appears to be coming out ahead of EMC Corp. (NYSE: EMC) as…
The long battle over Data Domain Inc. (NASDAQ: DDUP) may soon be coming to an end. NetApp Inc. (NASDAQ: NTAP) appears to be coming out ahead of EMC Corp. (NYSE: EMC) as…
Reuters:Â Â The heads of the emerging markets, the so-called BRICs, held their first global summit. Reuters:Â Â Obama will be tested this week on financial reforms. Reuters:Â Â Rich nations are working on an…
Reuters:Â Â GM and Chrysler said closing dealers was essential to their restructuring. Reuters:Â Â The Justice Department is probing big tech employee recruiting. Reuters:Â Â Medical bills underlay 60% of American bankruptcies.
The war for Data Domain, Inc. (NASDAQ: DDUP) is heating up. It was first NetApp, Inc. (NASDAQ: NTAP) that offered to buy the company. Then EMC Corp. (NYSE: EMC) came out with…
Reuters:Â Â Global consumer confidence is improving. Reuters:Â Â GM (GM) filed for Chapter 11 and expects a quick exit. Reuters:Â Â Most US retailers probably had sales drop in May. Reuters:Â Â China gave Geithner…
Oracle 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…
According to Reuters, tech giants reported reasonable earnings for last quarter because of cost cutting and a resilience in a bad economy. Reuters reports that Chrysler is still working on a deal…
VMware Inc. (NYSE: VMW) has just posted its first quarter earnings. The true leader in the emerging field of virtualization reported a non-GAAP earnings of $0.25 EPS and $470.3 in revenue. Thomson…
Cisco Systems, Inc. (NASDAQ: CSCO) came out with its big technology platform announcement, as prior reports had hinted at. This includes announcements for services and products involving Microsoft Corp. (NASDAQ: MSFT), Red…
According to Reuters, Madoff will plead guilty. Reuters reports that most consumers do not expect any recovery until 2010. Reuters reports that Bernanke says new management at AIG (AIG) has curbed costs.…
According to Reuters, too much dependence on government aid could cause a second recession when the companies are forced to stand on their own. Reuters reports that Obama is considering funds to…
There is market chatter, despite the sell-off, that Oracle Corp. (NASDAQ: ORCL) may play catch-up in the virtualization space. Jefferies has noted that Larry Ellison and friends may soon acquire privately held…
Continuing jobless claims rose by 159,000 in the week ended Jan. 17 to a seasonally adjusted 4.78 million, the most since the government’s records began in 1967. The number of unemployed people…
Short sellers placed large bets against the stock of tech companies for the period ending on January 15, taking a series of positions to gamble that firms like Microsoft (MSFT) and Cisco…
Virtualization leader VMware, Inc. (NYSE: VMW) is set to report earnings after the close of trading today. This earnings will likely have an impact on EMC Corp. (NYSE: EMC) and Citrix Systems,…