Following news that Elliot Management acquired a stake in EMC, the software company said it is "open to dialogue." Re/Code reports.» Read More
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..
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 3 percent to $35.65 with 20,239,900 shares traded. Advanced Micro Devices Inc. fell. 8 percent to $3.73 with 29,729,900 shares traded.
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.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Advanced Micro Devices Inc. rose. 5 percent to $3.80 with 32,841,800 shares traded. Alcoa Inc. rose 2.8 percent to $17.09 with 30,732,200 shares traded.
*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.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Six Flags Entertainment Corp., down $1.69 to $39.31. BB&T Corp., down $1.57 to $37.33.
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.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
SAN FRANCISCO, July 14- U.S. government standards for software may enable spying by the National Security Agency through widely used coding formulas that should be jettisoned, some of the country's top independent experts concluded in papers released on Monday.
The 45-mile stretch between San Francisco and San Jose has long been fertile ground for tech underdogs to rent out billboards and attack competitors.
EMC Corp's RSA Security said cyber criminals have been using software known as "Eupuds" to steal funds from customers of Brazil's widely used Boleto Bancário payment system, redirecting them to fraudulent accounts.
High-tech business formation is happening in those states funneling dollars to R&D. Here's a look at states on the forefront of change.
Flash is fast, uses less power, but it's been more costly than disk storage. No longer, says Pure Storage. Get ready for a flash flood, EMC.
BOSTON, June 10- IBM overtook Japan's Trend Micro Inc to become the world's No. 3 provider of security software last year, after acquiring cybersecurity firm Trusteer, according to market share data released on Tuesday by Gartner. IBM's revenue from security software climbed 19 percent to $1.14 billion last year, Gartner said.