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EMC: Big Strides AheadCodespeed • Tue, Apr 2 -
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Market Getting And Giving Mixed SignalsDavid Brown • Tue, Jun 11 -
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3 Big Data Techs To Buy In Q2Richard Saintvilus • Thu, Apr 4
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EMC Management Discusses Q3 2012 Results - Earnings Call TranscriptWed, Oct 24, 2012
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EMC Management Discusses Q2 2012 Results - Earnings Call TranscriptTue, Jul 24, 2012
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EMC's CEO Discusses Q1 2012 Results - Earnings Call TranscriptThu, Apr 19, 2012 • 2 Comments
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EMC's CEO Discusses Q4 2011 Results - Earnings Call TranscriptTue, Jan 24, 2012 • 1 Comment
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EMC's CEO Discusses Q3 2011 Results - Earnings Call TranscriptTue, Oct 18, 2011
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EMC's CEO Discusses Q2 2011 Results - Earnings Call TranscriptWed, Jul 20, 2011
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EMC's CEO Discusses Q1 2011 Results - Earnings Call TranscriptWed, Apr 20, 2011
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EMC's CEO Discusses Q4 2010 Results - Earnings Call TranscriptTue, Jan 25, 2011
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EMC Corporation Management Discusses Q3 2010 Earnings Conference CallTue, Oct 19, 2010
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EMC Corporation Q2 2010 Earnings Call TranscriptWed, Jul 21, 2010
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EMC Corporation Q1 2010 Earnings Call TranscriptWed, Apr 21, 2010
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EMC Corporation, Q4 2009 Earnings Call TranscriptTue, Jan 26, 2010 • 1 Comment
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E M C Corporation Q3 2009 Earnings Call TranscriptThu, Oct 22, 2009 • 1 Comment
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EMC Corporation Q2 2009 Earnings Call TranscriptThu, Jul 23, 2009
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EMC Corporation Q1 2009 Earnings Call TranscriptThu, Apr 23, 2009
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EMC Corporation Q4 2008 Earnings Call TranscriptTue, Jan 27, 2009
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EMC Corporation Q3 2008 (Qtr End 09/30/08) Earnings Call TranscriptWed, Oct 22, 2008
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at MarketWatch.com (Fri, 4:40PM)
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at MarketWatch.com (Thu, 4:21PM)
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PR Newswire (Jun 5, 2013)
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PR Newswire (Jun 5, 2013)
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at CNBC.com (May 31, 2013)
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at MarketWatch.com (May 30, 2013)
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at MarketWatch.com (May 30, 2013)
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at Fox Business (May 30, 2013)
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at CNBC.com (May 30, 2013)
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PR Newswire (May 30, 2013)
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at CNBC.com (May 22, 2013)
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at CNBC.com (May 21, 2013)
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at CNBC.com (May 16, 2013)
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at CNBC.com (May 15, 2013)
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PR Newswire (May 13, 2013)
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PR Newswire (May 13, 2013)
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PR Newswire (May 8, 2013)
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PR Newswire (May 7, 2013)
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PR Newswire (May 7, 2013)
EMC vs. ETF Alternatives
Company Description
EMC Corporation develops, delivers and supports the Information Technology (“IT”) industry’s broadest range of information infrastructure and virtual infrastructure technologies and solutions. Throughout this report, we refer to EMC Corporation, together with its subsidiaries, as “EMC”, “we”,... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Saturday, May 11, 2:22 PM EMC showed off plenty of new software at its EMC World conference, but was light on hardware news. In addition to its ViPR storage management platform, EMC unveiled: 1) An OS update for its Isilon scale-out NAS systems (competes with NTAP) that adds support for data deduplication and the Hadoop big data framework. 2) A Data Protection Suite (competes with SYMC and CVLT) that ties together existing backup/archive software, while allowing for more flexible licensing. 3) The addition of hybrid cloud support for its Syncplicity cloud file-syncing platform. EMC wants to make clear it won't get left behind as a growing amount of storage industry value shifts to software, with much of it residing on servers rather than storage arrays. 1 Comment [Tech]
- Tuesday, May 7, 11:41 AM EMC (EMC -0.4%) and VMware (VMW -0.5%) plan to cut 1,800 jobs in a restructuring expected to be finished this year, EMC discloses in its Q1 10-Q. EMC proper expects to cut 1,004 positions (yes, they're that precise), and VMware 800. In January, VMware said it planned to cut 900 jobs in a restructuring; recent asset sales might have lowered that figure. Also: Topeka's Brian White expects EMC to refresh its mid-range VNX storage line at this week's EMC World conference, as well as intro new technology for pooling storage and server resources. (EMC ViPR) Comment! [Tech]
- Monday, May 6, 6:17 PM EMC kicks off this year's EMC World conference by announcing ViPR, a software platform for managing both storage hardware and the data found within it (traditional platforms do one or another). Much like software-defined networking platforms, ViPR uses a controller to manage hardware and (at times) services. The ability to provision cloud data services, such as Amazon's popular S3, is also included. With ViPR capable of managing 3rd-party hardware as well as EMC's, the storage giant is hedging against the rapid adoption of commodity hardware, particularly by Web/cloud service providers. Comment! [Tech]
- Wednesday, May 1, 11:27 AM VMware (VMW, EMC) continues its housecleaning, selling the assets for its WaveMaker Java cloud app development tool business to startup incubator Pramati (likely for a small sum). The deal comes 2 years after VMware bought WaveMaker, arguing it complements its SpringSource Web app tool unit (now part of the Pivotal Initiative), and 2 months after it unloaded online PowerPoint rival SlideRocket, as it tries to focus on its core virtualization/infrastructure management businesses amidst intensifying competition. Comment! [Tech, M&A]
- Wednesday, April 24, 11:20 AM GE is investing $105M to obtain a 10% stake in EMC (EMC +0.9%) and VMware's (VMW -4.7%) Pivotal big data/app development tool spinoff ahead of an IPO; given the valuations assigned to peers, GE might've gotten a good deal. GE and Pivotal are also forming an R&D partnership "aimed at accelerating GE's ability to create new analytic services and solutions," with an eye towards industrial, energy, and healthcare applications. The announcement comes as VMware declines due to soft guidance marked by slumping license growth. EMC is faring better after reaffirming guidance in spite of a Q1 miss. Comment! [Tech, On the Move]
- Wednesday, April 24, 7:56 AM More on EMC: Reaffirms 2013 guidance for revenue of $23.5B and EPS of $1.85 vs. a consensus of $23.46B and $1.86. Exc. VMware, Q1 sales +4% Y/Y (+5% in Q4). VMware +13%.(+22% in Q4). Free cash flow of $1.44B, +1%. Information Storage product sales +1%. High-end storage (Symmetrix) +10% vs. +6% in Q4. Emerging Storage (Isilon, Atmos, XtremIO) +24%. No data in PR on mid-range (VNX) sales; were they light? U.S. sales +8%, EMEA +1%, APJC +4%, Latin America +27%. R&D spend +15% Y/Y, above rev. growth. SG&A +4%. EMC -0.7% thanks to VMware's guidance. CC at 8:30AM ET (webcast). (PR) Comment! [Tech, On the Move, Earnings]
- Wednesday, April 24, 6:52 AM EMC (EMC): Q1 EPS of $0.39 misses by $0.01. Revenue of $5.39B misses by $0.03B. Comment! [Earnings, Breaking News, Tech]
- Tuesday, April 23, 4:17 PM Though VMware's (VMW) Q1 results beat estimates, Q2 guidance is for revenue of $1.21B-$1.24B, below a $1.26B consensus. 2013 guidance is for revenue of $5.12-$5.24B vs. a $5.21B consensus. License revenue is expected to grow 6%-9% in 2013, compared with total revenue growth guidance of 11%-14%. License revenue rose only 1% Y/Y in Q1, whereas total revenue (lifted by services) rose 13%. VMW -6.2% AH. EMC -2.3%. CC at 5PM ET (webcast). (PR) Comment! [Tech, Earnings, On the Move]
- Tuesday, April 23, 10:20 AM Storage/hard drive stocks are outperforming, possibly aided by Veeco's Q1 bookings numbers: the company reported hard drive equipment bookings totaled $27M, down 7% Y/Y but up 60% Q/Q in spite of slumping PC demand. Veeco added on its CC (transcript) hard drive customers are "starting to make selective technology buy decisions" once more. STX +2.6%. WDC +2.6%. EMC +1.8%. NTAP +2.7%. XRTX +1.6%. QTM +5.1%. EMC reports tomorrow morning. Also, LED/solar equipment makers Aixtron (AIXG +9%) and GT Advanced (GTAT +2.7%) are getting a lift from Veeco's numbers and bullish Q2 commentary. 2 Comments [Tech, On the Move]
- Monday, April 22, 8:03 AM CLSA gives VMware (VMW) a 2-notch downgrade to Underperform just a day before the virtualization giant delivers its Q1 report; the firm's PT has been lowered to $75 from $101. Between VMware's light guidance and soft results from Oracle, SAP, Red Hat, and IBM, expectations have fallen some. UBS offered a more upbeat take last week. Microsoft delivered strong results for its Server & Tools unit last week, but also claimed its Hyper-V virtualization platform was gaining share. Comment! [Tech]
- Friday, April 19, 11:17 AM Enterprise IT names continue to underperform following a 1-2 earnings punch from IBM and SAP. Storage-related names are among the decliners, perhaps thanks to the 11% Y/Y drop IBM reported for its storage hardware sales. FIO -2.7%. EMC -2.3%. NTAP -2%. H-P (HPQ -1.4%) could be affected not only by the earnings reports, but by Blackstone's decision to abandon its bid for Dell. 1 Comment [Tech, On the Move]
- Thursday, April 18, 5:45 PM Once again this year, some enterprise IT names are falling in AH trading in response to a weak earnings report. This time, the culprit is IBM, which posted a huge revenue miss thanks in large part to a 17% Y/Y drop in hardware sales. Flat software sales didn't help either. Big Blue tried to put much of the blame on deal-closing/execution issues, but the fact U.S. federal and China were named as weak spots might have some investors an edge. EMC -1.3%. HPQ -1.1%. CSCO -0.7%. RHT -1.2%. Comment! [Tech, On the Move]
- Monday, April 15, 1:03 PM VMware (VMW +0.3%) trades slightly higher on a down day, and manages to lift parent EMC (EMC +0.3%) in the process, after UBS says its Q1 checks indicate license revenue (a major concern following the company's light Q1/2013 guidance) will beat expectations. The firm maintains a Buy and $115 PT. VMware reports after the close on April 23, and EMC the following morning. Comment! [Tech, On the Move]
- Thursday, April 11, 12:10 PM IBM is following up on last year's acquisition of flash storage OEM Texas Memory by promising to invest $1B in flash storage R&D. Plans include the development of 12 "centers of flash competency," the inclusion of flash support in IBM's integrated PureSystems hardware, and the expansion of IBM's new (Texas Memory-based) FlashSystem storage line. The plans represent extra competition for EMC (XtremIO) and NetApp (NTAP - FlashRay), and could be both a positive and negative for OEM partner Fusion-io (FIO). (PR) (IBM's storage strategy) Comment! [Tech]
- Thursday, April 4, 4:38 PM F5 (FFIV) resumes trading and is currently at $75.85, down 16.1% AH in response to its FQ2 warning, which (in the wake of Oracle's results) is bound to heighten concerns about U.S./European enterprise IT demand. Rivals and peers are off in sympathy: CSCO -2.3%. RVBD -3.7% CTXS -3.7%. JNPR -5.1%. VMW -2.2%. EMC -0.9%. RHT -1.7%. Comment! [Tech, On the Move]
- Thursday, March 28, 6:30 PM Cisco (CSCO) cut ~500 jobs (less than 1% of its workforce) this week, something the networking giant calls "a limited restructuring." Sources tell Network World "officials involved in Cisco's alliance with EMC" and other data center initiatives were affected. Cisco blogger/critic Brad Reese reports hearing 3 execs tied to the EMC partnership were among those laid off. Both Cisco and EMC execs recently had good things to say about their VCE JV, but the business has seen big cumulative losses, and the Cisco/EMC partnership has become thornier as of late. Comment! [Tech]
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Matthew Dow: I like $EMC here, ive bought in at about $21.50 on Monday. Put selling can be good, but often too rich for my budget
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Charles Margolis: If EMC hits earnings tomorrow prob. going up more... but could be IBM all over again.. seems to be some issues with their RSA SecID prod... -
Ashraf Eassa: $VMW guidance miss took this one down AH. Hoping for some more blood during trading hours tomorrow to buy back in.
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wenlock00: Good call; Many of IBMs bespoke solutions are now commodity and margins are too high? -
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Bob987654321: Yes it did Ash :) go Intel ! 2 days straight above 200sma. Now if we can get the 50sma day to go up above it, it would be greeeat ;)
LATEST REPLIES
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SKS1586: andyk80: Mr Market is listening to you & following your thought of bounce, with uptick in all the Futures @ this moment.
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x oil -field
$EMC [StockTalk] Mr.Adam Jackson SA has graciously clarified (on) the topic OM,matter is private and closed.http://bit.ly/LYZOcG - View all 1 replies
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Ashraf Eassa
If you followed me into the $EMC purchase with the intent of a short term trade, don't get greedy. Take some profit. - View all 25 replies
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x oil -field: Mr.Adam Jackson thank you for the calcification on the topic,would agree strongly it's a private matter,again thank you for clarification.X
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Julius Ferraro: R u picking any up? I sold 23 puts for next week. In addition what are your thoughts on $CY
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Boatyzaffa
VMW chart looks like it's time to buy; also EMC making large purchases on VMW since May 29 through July 12. - View all 13 replies
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Mercy Jimenez: OK you guys know that I know -- you know -- that I know -- you know -- so no need to keep up the flattery :-)) -
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FortSumter
Okay, so obviously tech is getting hammered but what's the best play for a monday bounce back? EMC, IBM, what? - View all 10 replies
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westcoastinvests: I hope you realize I never criticize your ideas simply your lack of honesty.
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Energysystems: I'm still holding onto the aapl I bought when the ipad was announced. Got in just under 200. Have no reason to sell anytime soon. -
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vinyal: we should break support by friday of 1292. Sell all rallies. Hedge your longs
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FortSumter
Wow, EMC close to hitting my target of filling the gap at ~$23.50. Great company/future. Close to time to buy for long term. - View all 3 replies
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FortSumter: Not recently though, right? Been in for the long haul? I held for around 5 years, dumped it earlier this year and am ready to get back in.
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