VMware Announces One-Time Special Dividend to Stockholders
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July 3, 2018 7:10 AM EDT
BMO Capital raised its price target on VMware (NYSE: VMW) to $175.00 (from $155.00) while maintaining a Outperform rating.
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July 3, 2018 6:59 AM EDT
Deutsche Bank raised its price target on VMware (NYSE: VMW) to $190.00 (from $185.00) while maintaining a Buy rating after Dell finalized its strategic review and elected against a reverse merger with VMware.
"Even at the current FY19e FCF multiple of 17x (unadjusted... More
July 3, 2018 6:40 AM EDT
RBC Capital raised its price target on VMware (NYSE: VMW) to $172.00 (from $160.00) while maintaining an Outperform rating after Dell concluded its strategic review with no reverse merger.
"While both bears and bulls have items to discuss, we believe the move... More
July 2, 2018 6:13 AM EDT
The Board of Directors of VMware Inc. (NYSE: VMW) (the Company), a leading innovator in enterprise software, is pleased to announce an $11 billion one-time special dividend pro-rata to all VMware stockholders. The one-time special dividend is payable in connection with the closing of the transaction announced today by Dell Technologies () and subject to certain conditions, as described in the schedule attached below Special Dividend Record Date and Conditions to Payment.
Dell announced today that it has concluded its evaluation of strategic alternatives and reached an agreement with its independent directors to offer a new... More
