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VMware Inc

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  • NEW YORK/ BOSTON, April 2- Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman's Pershing Square and Jeffrey Ubben's ValueAct, according to people with knowledge of the matter. International Business Machines Corp is...

  • NEW YORK/ BOSTON, April 2- Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman's Pershing Square and Jeffrey Ubben's ValueAct, according to people with knowledge of the matter. International Business Machines Corp is...

  • March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported revenue and profit that beat estimates, as the company benefits from higher demand for open-source software and its cloud-based products. Shares of Red Hat, whose customers include Adobe Systems Inc and Verizon Communications Inc, rose 4.5 percent in...

  • BARCELONA, March 6- Telecom network gear makers are on a collision course with Silicon Valley computing giants as software and cloud computing have begun to change the way operators from AT&T to China Mobile run their networks. As networks move to relatively standard hardware, formerly entrenched equipment groups must increasingly compete for contracts...

  • VMware CEO: Google deal delivers hybrid cloud capability

    Cloud infrastructure company VMware has announced a collaboration with Google to create an enterprise public cloud. Insight on the strategy, with CEO Patrick Gelsinger.

  • Jan 29- Data storage equipment maker EMC Corp, which has been under pressure from activist investor Elliott Management Corp, forecast a lower-than-expected profit for the year and said it would cut jobs. EMC, which owns 80 percent of VMWare Inc, also said it expected to buy back up to $3 billion in shares this year. EMC comprises four main businesses- its core...

  • Early movers: AAPL, BA, GD, T, AMGN, EA & more Wednesday, 28 Jan 2015 | 8:01 AM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Some of the names on the move ahead of the open.

  • Jan 27- Virtualization software maker VMware Inc's adjusted profit beat the average analyst estimate for the eighth straight quarter due to strong demand for its products that help cut the cost of moving data to the cloud. VMware, like rival Citrix Systems Inc, makes software that enables the creation of a virtual machine that act like a real computer with an...

  • Jan 27- Virtualization software maker VMware Inc reported better-than-expected quarterly revenue and profit, on strong demand for its products that help cut the cost of moving data to the cloud. VMware, like rival Citrix Systems Inc, makes software that enables the creation of a virtual machine that act like a real computer with an operating system, helping...

  • VMware 4th-qtr revenue rises 15 pct Tuesday, 27 Jan 2015 | 4:30 PM ET

    Jan 27- Virtualization software maker VMware Inc reported a 14.8 percent rise in quarterly revenue on strong demand for its products that help cut the cost of moving data to the cloud. Revenue rose to $1.70 billion in the fourth quarter from $1.48 billion a year earlier, as income from both licenses and services rose. But net income fell to $326 million, or 75 cents...

  • These stocks are big State of the Union winners Wednesday, 21 Jan 2015 | 9:55 AM ET
    President Barack Obama delivers the State of the Union address on January 20, 2015 in the House Chamber of the U.S. Capitol in Washington, DC.

    While most of the initiatives mentioned in the State of the Union speech face large partisan headwinds, both parties should rally behind one statement.

  • At 16, BlackBerry finally finds its footing Friday, 16 Jan 2015 | 11:38 AM ET
    BlackBerry Chief Executive John Chen shows future models of the new Blackberry Classic smartphone during a launch event for in New York, December 17, 2014.

    BlackBerry's 16th anniversary may not be a sweet one. But the stock is up 75 percent since late 2013 and some analysts are actually bullish.

  • Activist Elliott reaches standstill agreement with EMC Monday, 12 Jan 2015 | 10:43 AM ET

    Jan 12- EMC said on Monday that activist investor Elliott Management Corp will vote for EMC's proposed directors as part of a standstill agreement with the data storage company prohibiting the hedge fund from agitating the company until September. Since October 2014, Elliott has been publicly pushing data storage maker EMC to spin off its VMware software...

  • In the end, the deal survived only after Taser dropped Amazon.com Inc as the data storage provider for the year-long project. The fact that Amazon did not have a data center in Britain was a deal breaker for British officials, according to Taser. The case is an example of the challenges that Amazon faces as it works to expand its cloud computing business, known as...

  • Amazon's name gets tossed into spinoff ring Tuesday, 16 Dec 2014 | 12:35 PM ET
    Amazon CEO Jeff Bezos

    As spinoff mania heats up, even Amazon is getting sucked into the speculation.

  • UPDATE 1-NetApp profit falls on lower sales to OEMs Wednesday, 12 Nov 2014 | 6:09 PM ET

    Nov 12- Data storage equipment maker NetApp Inc reported a 4 percent fall in quarterly profit, hurt by lower sales to original equipment manufacturers, and forecast a third-quarter profit below market estimate. The company's OEM business includes revenue from the sale of NetApp's products by other companies under their brands, including IBM Corp and Fujitsu...

  • 17 stock trades in 91 seconds Wednesday, 22 Oct 2014 | 7:24 PM ET
    Traders on the floor of the New York Stock Exchange.

    The "Fast Money" traders share how they're playing weakness in the stock market.

  • Early movers: BA, DOW, SWK, TSLA, YHOO Wednesday, 22 Oct 2014 | 8:41 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • After-hours buzz: Broadcom, iRobot, Yahoo & more Tuesday, 21 Oct 2014 | 5:00 PM ET
    Wall Street New York Stock Exchange NYSE

    Companies making headlines after the bell Tuesday:

  • Wednesday's midday movers: Sears, GoPro & more Wednesday, 8 Oct 2014 | 12:38 PM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 2, 2014.

    Take a look at some of Wednesday's midday movers: