Lost in the chatter about the inflating tech bubble is an important detail: Most of technology's most notable names aren't participating.» Read More
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. fell. 9 percent to $3.93 with 9,956,500 shares traded. Alcoa Inc. fell 1.6 percent to $16.45 with 12,457,700 shares traded.
Boston, Sept 11- EMC Corp plans to keep its majority stake in software maker VMware Inc despite pressure from activist hedge fund Elliott Management, a person familiar with EMC's thinking told Reuters on Thursday.
BOSTON, Sept 11- EMC Corp is not considering selling its stake in VMware Inc, a source familiar with EMC's thinking told Reuters on Thursday. The source declined to be named because they were not authorized to publicly discuss the matter.
Sept 11- Data storage products maker EMC Corp has decided to explore selling its stake in its software unit, VMware Inc, giving into pressure from Paul Singer- run activist hedge fund Elliott Management Corp, the New York Post reported, citing sources familiar with the matter.
Sept 11- Data storage products maker EMC Corp has decided to consider selling its stake in its virtualization software unit, VMware Inc, New York Post reported, citing sources familiar with the situation.
SAN FRANCISCO, Aug 27- Nutanix, which builds data infrastructures for companies, said on Wednesday it raised $140 million in another funding round, which valued the company at $2 billion. A spokeswoman for Wellington declined to comment.
BEIJING, Aug 26- Industrial and Commercial Bank of China has deployed a new IBM mainframe computer system, the two companies said on Tuesday, boosting the U.S. technology giant's credentials in the country.
Aug 13- NetApp Inc reported better-than-expected first-quarter results as sales of its branded storage equipment rose, sending its shares up as much as 3 percent after the bell. NetApp's branded product revenue, which accounts for 91 percent of total revenue, rose 0.7 percent in the quarter ended July 25.
BOSTON, July 29- Hedge fund Elliott Management told investors that it added to its stake in Juniper Networks last quarter and sees opportunities in real estate securities in Europe, but it said little about two positions making headlines-- Argentina and EMC Corp..
Some of Wednesday's midday movers:
Technology firms led market gains as the S&P Tech sector hit its highest level since November 2000 and the Nasdaq 100 reached a 14-year high.
July 23- Data storage products maker EMC Corp, under pressure from activist investor Elliott Management to boost shareholder returns, on Wednesday accelerated its share buyback plan and raised its current-year profit forecast.
July 23- EMC Corp, the world's largest data storage equipment maker, reported a 5 percent rise in quarterly revenue, helped by sales of flash storage products and growth at its VMware Inc virtualization software unit. Net income fell to $589 million, or 28 cents per share, in the second quarter ended June 30 from $701 million, or 32 cents per share, a year earlier.
*Netflix and Chipotle both rise after-hours on results. *Yum Brands, McDonald's shares down on China food safety. NEW YORK, July 21- U.S. stocks slipped on Monday as investors remained cautious about instability in Ukraine and Gaza, though the three major indexes ended well off their lows, a sign that some appetite for riskier assets remained.
July 21- Activist investor Elliott Management Corp has taken a $1 billion stake in EMC Corp and plans to push it to spin off virtualization software unit VMware Inc, the Wall Street Journal reported, citing people familiar with the matter.
NEW YORK, July 21- U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and Gaza continue to garner investor focus.
*EMC jumps on report of activist investor stake. NEW YORK, July 21- U.S. stocks fell on Monday, following the sharpest moves in indexes in the past three months during the two previous sessions, as developments in Ukraine and the Gaza Strip continue to garner investor focus.
*EMC jumps on report of activist investor stake. NEW YORK, July 21- U.S. stock index futures edged lower on Monday as developments in Ukraine and Middle East looked to dominate trading amid a thin economic calendar. Fighters from Hamas, which controls Gaza, have repeatedly tried to infiltrate Israel over the past week through a network of hidden tunnels.
Some of the names on the move ahead of the open.
July 21- Activist investor Elliott Management Corp has taken a $1 billion stake in data storage equipment maker EMC Corp and plans to push the company to spin off its VMware Inc unit, the Wall Street Journal reported, citing people familiar with the matter.