The "Fast Money" traders share their final trades of the day.» Read More
Jan 29- Cloud-computing software maker Citrix Systems Inc forecast current-quarter and 2014 earnings far below analysts' estimates, citing "uneven" closure of some contracts, and said its long-time CEO would retire next year. Citrix shares fell 5 percent in extended trading.
Jan 28- Virtualization software maker VMware Inc reported a slightly better-than-expected quarterly profit, helped by higher revenue from license sales. VMware reported on Tuesday unearned revenue of $4.09 billion as of Dec. 31, up from $3.46 billion in the year-earlier period and $3.64 billion in the third quarter.
Jan 28- Virtualization software maker VMware Inc's quarterly profit came in slightly above analysts' average estimate, helped by higher revenue from license sales. Net income rose to $335 million, or 77 cents per share, in the fourth quarter, from $206 million, or 47 cents per share, a year earlier.
A.O. Smith Corporation reported record sales and earnings in 2013, and Yahoo will report after the bell on Tuesday. CNBC's Melissa Lee, Herb Greenberg and Jon Fortt, break down the latest earnings stories.
Federal Reserve Chairman Ben Bernanke presides over his final meeting this week and already markets are putting his successor to the test.
Traders are bracing for another rough ride in markets this week, as the emerging markets continue to shakeout and the Fed is expected to announce another round of cuts to its easing program.
*VMware 4th- qtr, 1st- qtr revenue forecast beats analysts' estimates. *VMware shares rise 2.5 pct. Jan 22- Cloud software maker VMware Inc said it would buy privately held mobile security company AirWatch for $1.54 billion to tap into rising demand from companies to secure the smartphones and tablets used by employees.
*IBM shares fall on weak revenue, pressuring Dow. International Business Machines Corp lost 3.5 percent to $181.88, the biggest drag on both the Dow and S&P 500, after the tech giant missed revenue expectations for a fourth straight quarter amid weakening demand, particularly in growth markets like China.
Cloud computing company VMware is acquiring mobile computing company AirWatch for $1.18 billion in cash. VMware CEO Patrick Gelsinger discusses the deal, saying, "The world is shifting from the client server era to the mobile cloud era, and everybody in the IT industry needs to make that shift."
*IBM, Coach fall after earnings. IBM shares lost 3.3 percent to $182.24 and were the biggest drag on both the Dow and S&P 500 indexes. Norfolk Southern Corp jumped 6.4 percent to $94.39 as one of the best performers on the S&P 500. The railroad posted a 24 percent rise in quarterly income that beat Wall Street expectations.
*AirWatch to add $75 mln revenue to VMware in 2014. Jan 22- Cloud software maker VMware Inc said it would buy privately held mobile security company AirWatch in a deal valued at about $1.54 billion to tap into rising demand for software security.
*IBM, Coach fall in premarket after earnings. *IBM shares lost 3.9 percent to $181.10 before the opening bell. *Coach Inc tumbled 7.6 percent to $48.55 in premarket trading after it said sales in North America fell further in the final quarter of 2013, as it lost share in the handbag business to fast-growing rivals such as Michael Kors Holdings Ltd and Kate Spade.
Some of the names on the move ahead of the open.
Jan 22- Cloud software maker VMWare Inc said it would buy mobile security company AirWatch for about $1.18 billion in cash and about $365 million in installment payments and assumed unvested equity.
VMware plans to acquire AirWatch to extend its vision of using software to manage the surge of mobile devices into the workplace.
Some of Thursday's midday movers:
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
SEATTLE/ NEW YORK, Jan 8- Speculation over Microsoft Corp's succession plans refocused on internal choices on Wednesday, a day after the leading outside candidate, Ford Motor Co CEO Alan Mulally, took himself off the list of potential CEOs at the world's largest software maker.
The "Fast Money" traders share their final trades of the day.
NEW YORK, Nov 6- Network equipment maker Cisco Systems Inc, looking to protect its core business from new competition, has bought out the remainder of its majority-owned data center technology start-up, Insieme, in a deal that could cost up to $863 million.