All Posts Tagged With: "stock"
Intel Cuts VMware Stake In Half
While Cisco is increasing its stake in VMware, Intel is reducing it. The company plans to sell the bulk of those shares on Tuesday, according to a regulatory filing.
4Nov2008 | Robin Wauters | 0 comments | ContinuedQuest Software Intends To Buy Up to $400 Million of Its Common Stock
Quest Software recently announced that its board of directors has authorized a modified “Dutch auction” tender offer to repurchase between $135 million and $400 million of its common stock at a price per share expected to be not less than $13.25 and not greater than $15.50.
10Oct2008 | Robin Wauters | 1 comment | ContinuedWachovia Analyst Downgrades Ratings for VMware (VMW)
Wachovia’s Philip Rueppel this morning downgraded his ratings on VMware (VMW) to Market Perform from Outperform.
6Oct2008 | Robin Wauters | 0 comments | ContinuedTrading Activity In NetApp, VMware Spikes
According to a report from the Wall Street Journal, stocks of both NetApp and VMware have been trading at unusual volumes yesterday.
28Aug2008 | Robin Wauters | 0 comments | ContinuedVMware Offers US Employees A Chance To Swap Their Post-IPO Stock Options
VMware today disclosed in an SEC filing that it plans to offer employees a chance to swap their post-IPO, “underwater” stock options for an equal number of options with an exercise price equal to the share price on the day immediately following the data the exchange is finished.
18Jul2008 | Robin Wauters | 0 comments | ContinuedEMC Shares Up On VMware Spin-out Rumors
Financial analyst Thomas Curlin of RBC Capital Markets upped his rating on the EMC stock to “Outperform” from “Sector Perform”, even as it trimmed the stock’s price target from $21 to a more modest $19. The focus of his call: the prospects for a spin-out of the company’s stake in VMware.
8Jul2008 | Robin Wauters | 0 comments | ContinuedVMware Stock Drops As Employee Grants Expire
On a generally down day for tech stocks, VMware slipped on news that a large number of employee share grants may begin trading this week. The stock was down $4.19, or 6.2 %, to $63.70 in recent trading, or 61 times 2008 earnings and 43 times 2009 earnings.
10Jun2008 | Robin Wauters | 0 comments | ContinuedVMware’s Financial Results For Q1 Are In, 69 Percent Revenue Increase Beats Wall Street Expectations
VMware’s first-quarter revenue outstripped Wall Street’s expectations Tuesday, but the company’s second-quarter forecast came up short.
23Apr2008 | Robin Wauters | 0 comments | ContinuedVMWare Misses Analysts’ Estimates: While Revenues Go Up, Stock Goes Down
Yesterday, VMware reported quarterly revenue that fell short of Wall Street expectations and forecast a slowdown in sales growth, sending its shares down more than 26 %.
The highlights from the official announcement :
Total revenues for the fourth quarter were $412 million, an increase of 80% compared to the year-ago quarter.
GAAP operating income for the fourth [...]
VMWare surge puts virtualization in the spotlight
VMWare’s stock soared on its first day of trading yesterday, giving the company a market value upward of $10 billion, showing that virtual machines are starting to add up to real dollars.
Virtual machines, the technology that VMWare helped pioneer, allow one computer to act as many, whether it’s a Mac running Windows and the Mac [...]
