EMC (EMC) Increased Buyback, Dividend Somewhat Expected; Should Grow Moving Forward
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VMware (VMW) Management Not Changing Outlook, Whatever EMC (EMC) Says - Analysts
May 31, 2013 9:44 AM EDTAmid cautious comments from EMC Corp (NYSE: EMC) on Thursday, VMware (NYSE: VMW) shares are higher on the session as Nomura's Rick Sherlund and RBC's Matthew Hedberg are commenting on expectations.
EMC guided VMware free cash flow to $1.525 billion in 2013, which is roughly 25 percent... More
EMC (EMC) Capital Returns Will Support Shareholder Value - Deutsche Bank
May 30, 2013 1:01 PM EDTDeutsche Bank today maintained a Buy rating on EMC (NYSE: EMC) and raised its price target to $30.00 (from $28.00). EMC this morning announced a $6 billion buyback and an initial dividend of $0.10. Analyst Chris Whitmore thinksthis these efforts will supports shareholder value.
"We've long argued... More
EMC Corp. (EMC) Raises Buyback to $6B; Initiates Qtr Dividend at 10c/Share; Yields 1.7%
May 30, 2013 7:04 AM EDTEMC's (NYSE: EMC) Board of Directors has increased its authorization to repurchase EMC common stock from $1 billion in 2013 to $6 billion over the three-year period ending December 31, 2015. Within this authorization, EMC expects to repurchase $3.5 billion of its common stock by the end of Q2 2014; this... More
