EMC (EMC) Earnings: Big News Is VMWare
First, the important news. VMware, an EMC (EMC) subsidiary, grew sales 89% year-over-year to $298 million during the second quarter. At parent EMC, revenue moved from $1.8 billion to $2.2 billion and…
First, the important news. VMware, an EMC (EMC) subsidiary, grew sales 89% year-over-year to $298 million during the second quarter. At parent EMC, revenue moved from $1.8 billion to $2.2 billion and…
If there is such a strong interest in the VMWare IPO, it is amazing how short sellers have been increasing their bets against EMC Corp. (NYSE:EMC). In July, short sellers increased their…
AOB started as Outperform at CIBC.AUY started asOutperform at Credit Suisse.BGFV cut to Sector Perform at CIBC.BJ raised to Equal Weight at Lehman.BLK started as Outperform at Wachovia.CCL raised to Overweight at…
EMC Corp. (NYSE:EMC) has made an SEC Filing for the proposed dates and averages used to calculate employee share and options exchanges from EMC to VMWare (NYSE:VMW) ahead of the IPO. The…
EMC (EMC) is getting closer and closer getting the VMWare (VMW) spin-off and IPO out the door to Wall Street. Some interesting developments have happened: Intel (INTC) has taken a $218.5 million…
ACAD started as Outperform at FBR.ALC started as Outperform at RBC.ARUN started as Buy at Jefferies.ATVI started as Buy at First Albany.AZ raised to Buy at UBS.CHA cut to Hold at Deutsche…
According to Reuters, the CME (CME) purchase of the CBOT (CBOT) was approved by shareholders. Reuters writes that BHP Billiton (BHP) is looking for a partner to make a bid for Alcoa…
Excitement about EMC’s (EMC) IPO for its virtualization software company VMWare has already helped push the storage company’s stock from just over $10 to over $18. And, VMWare received a significant vote…
The upcoming and expected IPO out of EMCCorp. (EMC-NYSE) for the VMWare unit thissummer is still on track, and there are few IPO’s this summer that are going to be as sought…
Stock Tickers: TYC, MS, F, CY, SPWR, TRB, KFT, MO, HB, ASD, EMC, DJ, AA, WY It is always interesting to see how short sellers treat shares of stocks that are undergoing…
Stock Tickers: LVLT, CIEN, INTC, NVDA, SNDK, EMC Jim Cramer came out on STOP TRADING on CNBC and noted the "Tech is roaring" trend. He said this is where the money is…
On today’s STOP TRADING segment on CNBC, Jim Cramer focused on Dell inc. (DELL) again. He is very positive on the company and he thinks Michael Dell is the real deal. Last…
EMC (EMC) shares are trading lower by 1% pre-market after Bear Stearns downgraded its Outperform rating to a ‘Peer Perform’ rating based on valuation and performance. Shares are up some 80% from…