It's not all gloom and doom for start-ups and their investors in 2016, says VC Sergio Monsalve. Here are his predictions.» Read More
Oct 20- VMware Inc reported quarterly revenue that beat analysts' estimates as demand rose for its virtualization software that helps cut the cost of moving data to the cloud. Revenue rose to $1.67 billion in the third quarter ended Sept. 30, from $1.52 billion a year earlier. VMware's numbers on Tuesday were in line with the preliminary estimates made public on...
IBM needs to see a turnaround in its software business first and foremost, Toni Sacconaghi said.
Data storage will likely outshine other technology segments like semiconductors during earnings season, one expert said.
CNBC's David Faber speaks to Citi's co-head of M&A Mark Shafir, former head of global M&A at Lehman Brothers, about the current deal activity.
Some of the names on the move ahead of the open.
U.S. stock futures were under pressure this morning, with Europe and Asia in the red. The Dow snapped a seven-session winning streak on Tuesday.
*SABMiller shares up 9 pct. BRUSSELS/ LONDON, Oct 13- The world's top two brewers, Anheuser-Busch InBev and SABMiller, have agreed in principle to one of the biggest mergers in corporate history after a near month-long courtship resulted in SABMiller accepting an offer worth more than $100 billion. For AB InBev the SABMiller deal will give it more breweries in...
VMWare CEO Patrick Gelsinger, discusses where his company fits in the Dell-EMC deal.
Oct 13- Dell Inc has obtained financing for up to $49.5 billion from banks including Credit Suisse, J.P. Morgan, Barclays and BofA Merrill Lynch to fund its acquisition of EMC Corp.. Dell, through a holding company called Denali Holding Inc, has also obtained up to $4.25 billion from Michael Dell and partners, including its investment firm MSD Partners and private...
The first day of the week normally comes with the announcement of a merger or two, but these days a more appropriate moniker might be "Manic Monday."
Simon Piff, associate vice president, enterprise infrastructure at IDC, explains why customers will be the biggest beneficiary from the merger between Dell and EMC.
Alberto Moel, senior research analyst at Sanford C. Bernstein, says the acquisition of EMC will support Dell's shift in focus towards the corporate enterprise segment.
Robert Pavlik, chief market strategist at Boston Private Wealth, explains why he is pessimistic about the merger between Dell and EMC.
Patrick Moorhead, president & principal analyst at Moor Insights & Strategy, explains why the merger between Dell and EMC is "enormous."
The acquisition of data storage company EMC will help Dell to stay relevant, says Wayne Kaufman, chief market analyst at Phoenix Financial Services.
Check out the companies making headlines after the bell Monday: Ryder, Fortress, JetBlue & more.
*EMC shares rise after Dell offer. The Dow rose for a seventh straight session, led by gains in UnitedHealth Group, which rose 2.7 percent at $122.51. This week brings results from some top U.S. banks, among other companies, and investors are eyeing a projected 4.8 percent year-over-year decline in third-quarter S&P 500 earnings, according to Thomson Reuters data.
The gargantuan merger sparked debate among skeptical industry watchers, who pointed to multiple roadblocks for the deal's success.
*EMC shares rise after Dell offer. Oct 12- Gains in utility stocks offset a retreat in energy shares on Monday, leaving U.S. stocks near flat as investors remained nervous about third-quarter corporate results. Trading in equities was also affected by the closing of the bond market, banks and the government, including the Securities and Exchange Commission, for...
*EMC shares rise after Dell offer; VMware falls. Trading in equities was also affected by the closure of the bond market, banks and the government, including Securities and Exchange Commission, for the Columbus Day holiday. JPMorgan reports on Tuesday, with Goldman Sachs, Bank of America, Wells Fargo and Citigroup posting results through the week.