Jefferies Downgrades EMC (EMC) to Hold; Sees Limited Upside
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/12/2026
- S&P 500 ends higher as CoreWeave results fuel AI optimism
- Oil prices edge up as investors weigh US-Iran talks deadlock against lower demand
- CoreWeave soars after fifth straight quarter of record revenue, raised guide
- Four key things investors will watch in Nvidia's earnings next week
- Silver could surge to $90 as investment demand takes over, Citi says
- Lumentum Holdings (LITE) Tops Q4 EPS by 28c, Beats on Revenue; Offers Q1 Guidance
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Aurora Cannabis rejects Curaleaf's unsolicited $4-per-share takeover bid
- AbCellera Biologics (ABCL) PT Raised to $30 at Truist on 'best-in-class potential'
- Comscore plans restructuring with $20M-$25M in cost cuts
- After-Hours Movers: CSCO, COHR, HLIT, CBRS, STUB, ENS
- After-Hours Movers: CRWV, NBIS, SMCI, LITE, CAVA, HRB
- After-Hours Movers: P, RIOT, BW, RKLB, HIMS, UPWK
- After-Hours Movers: TEAM, NET, TWLO, DOCS, FROG, DV, TTD, ABNB, DKNG, SG, RKT
- After-Hours Stock Movers: WDC, SNDK, FIG, APP, HUBS, SOUN, DASH, XYZ, Z, FLNC
FBR Sees EMC/Dell Deal Happening Around $33/Share (EMC) (VMW)
October 12, 2015 6:35 AM EDTFBR is out with commentary on EMC (NYSE: EMC) amid recent speculation that Dell might move to acquire the company.
Analyst Daniel H. Ives commented, While the initial price talk of $28$30 per EMC share was met with massive frustration and angst among EMC investors, it appears a more enticing deal close to $33 is now on the table and would be met with "much better" reception from the Street, in our opinion. It also appears a tracking stock of... More
Dell to buy EMC in $67 billion record tech deal, aims for cloud market
October 11, 2015 6:49 PM EDTBy Greg Roumeliotis and Jim Finkle
(Reuters) - Computer-maker Dell Inc struck a deal on Monday to buy data storage company EMC Corp for $67 billion, setting a record in the technology industry, as it tries to transform itself into a giant in the fast-growing market for managing and storing corporate data.
The acquisition, the year's third-largest in all sectors, highlights the frenzy of dealmaking sweeping the economy, as big or mature companies take advantage of low interest rates to buy rivals as a way to spur growth.
The deal should help privately held Dell, the world's No. 3... More
Dell to use VMware to help pay for EMC deal: sources
October 9, 2015 4:42 PM EDTBy Greg Roumeliotis
(Reuters) - Dell Inc is planning to use equity in cloud software company VMware Inc (NYSE: VMW) to help pay for its acquisition of EMC Corp (NYSE: EMC) in a deal valuing the data storage company at more than $55 billion, according to people familiar with the matter.
While... More
