Oracle will report earnings after the bell Wednesday. Rick Sherlund, managing director at Nomura Securities, previews the numbers.» Read More
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.
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.
FBR Capital's Dan Ives gives his top ideas for what he calls a "golden opportunity" for tech M&A.
After delaying its IPO, Box received a solid jolt in the arm today in form of a large contract from industrial giant GE.
Cloud firms were once the darlings of Wall Street, but now they're just another group of software-like companies that will have to prove themselves.
Betting on technology companies proved to be a dangerous game in March as sharp stock declines burned some prominent hedge fund investors.
The U.S. government has failed in helping protect against cyberattacks by not creating the proper system for sharing critical information, pros said.
Criminals may already have made off with up to $500 million worth of bitcoins since the virtual currency launched in 2009.