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VMware Inc

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  • However, the company's stock rose as much as 4.7 percent on Wednesday as investors focused on the strong results posted a day earlier by VMware Inc, in which EMC holds an 80 percent stake. Activist investor Elliott Management Corp has been pressuring EMC to spin off virtualization software maker VMware. "What's implied by the prices right now is that there's less...

  • April 22- Data storage products maker EMC Corp slashed its full-year revenue and profit forecast, blaming a strong dollar, and reported quarterly results that fell below Wall Street's expectations. EMC cut its full-year revenue forecast by about $400 million to $25.7 billion and adjusted profit by 7 cents per share to $1.98. EMC's so-called "federated...

  • April 21- Virtualization software maker VMware Inc reported its slowest revenue growth in seven quarters as IT spending remained sluggish and a stronger dollar reduced the value of overseas sales. VMware's shares fell about 2 percent to $83.60 in extended trading on Tuesday. Reuters had exclusively reported in February that its parent EMC Corp decided...

  • VMware 1st-qtr revenue rises 11 pct Tuesday, 21 Apr 2015 | 4:06 PM ET

    April 21- Virtualization software maker VMware Inc reported an 11 percent rise in quarterly revenue due to strong demand for its products that help cut the cost of moving data to the cloud. Revenue rose to $1.51 billion in the first quarter ended March 31 from $1.36 billion a year earlier. Net income, however, fell slightly to $196 million, or 45 cents per share, from...

  • Earnings next test for stocks after market wipeout Monday, 20 Apr 2015 | 5:52 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • Earnings next test for stocks after market wipeout Friday, 17 Apr 2015 | 4:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Stocks could chop around and rack up more losses in the week ahead, with the next wave of corporate earnings reports.

  • 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...

  • How this obscurity became a tech star, in one year Wednesday, 25 Feb 2015 | 11:49 AM ET
    Docker CEO Ben Golub speaking at DockerCon (a developer conference), in Amsterdam last December.

    Docker spent 2014 partnering with the world's biggest tech companies to emerge from obscurity and become one of the hottest software start-ups.

  • Lightning Round: Take the money and run on this! Wednesday, 4 Feb 2015 | 7:14 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • 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.