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FTSE Seen Opening Down
LONDON (Reuters UK) - The FTSE 100 index is seen opening down about 1 percent on Thursday ahead of the Bank of England's interest rate decision, according to financial bookmakers, as investors refocused on the weak economy.Financial bookmakers expected the UK benchmark to open down about 47 points after...
EMC Says to Cut 2,400 Workers, Shares Rise
BOSTON (Reuters) - EMC Corp EMC, the world's biggest maker of data storage equipment for businesses, said it plans to cut 2,400 jobs, or 6 percent of its staff, to help weather the global recession, and its shares rose 7 percent.The Hopkinton, Massachusetts-based company also reported quarterly profit excluding items...
Poor Results Signal Trouble For Legg's Miller
By Muralikumar AnantharamanBOSTON (Reuters) - Legg Mason Inc's LM once-celebrated Value Trust fund is set for its worst-ever annual returns in 2008, and some investors grumble that time is running out for its manager, Bill Miller.The flagship stock mutual fund lost 57 percent in the year to December 29, the...
Strong Results From VMware and EMC Corp.
Sramana Mitra submits: Until the last quarter, VMware VMW was facing trouble. In these times when most companies are reporting rather depressing results, both VMW and its parent company, EMC’s results were a pleasant surprise. VMWare’s Revenues for the quarter of $472 million exceeded the market’s expectations of...
Quantum Corporation F2Q09 (Qtr End 9/30/08) Earnings Call Transcript
Question-and-Answer Session Operator Thank you sir. Operator Instructions Your first question comes from Brian Freed – Morgan, Keegan & Company, Inc. Brian Freed – Morgan, Keegan & Company, Inc. Can you talk a little bit about media and drive? Obviously we’re the biggest component in the shortfall...
EMC Corporation Q3 2008 (Qtr End 09/30/08) Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Aaron Rakers – Wachovia. Aaron Rakers – Wachovia Maybe if you could expand on some of the business push outs that you saw at the end of September and maybe what the trends have looked like thus far in October....
EMC Earnings Preview
Avi Cohen submits: EMC Corp. EMC is expected to report Wednesday pre-market open. Street estimates are set at $3.73B/$0.195 for Q3, with consensus expecting Q4 guidance for $4.15B/$0.25. In general our view has not changed from our report of September 23rd, where we downgraded the stock....
VMware: Co-Founder Rosenblum Departs
Mendel Rosenblum, the co-founder of VMware VMW, has resigned his post as Chief Scientist and left the company. The departure of Rosenblum is not a surprise, coming just two months after the board fired his wife and co-founder Diane Greene as CEO. Rosenblum’s exit comes at an awkward time,...
Tuesday Options Update: EGO, LEH, XLF, LXK, EMC, AXP, GES
Rebecca Engmann Darst contributed to this report. Eldorado Gold Corp EGO – Broad shrinkage in commodity stocks followed thankful news of the dissipation of Hurricane Gustav, which observers over the long weekend feared could pose new perils to New Orleans’ system of fragile levees. With the market letting down its...
Which CEOs Have the Best and Worst Approval Ratings?
Kevin Maney submits: Really, I love the kind of information Glassdoor.com is exposing about what's going on inside big companies. Most brilliant of all is that Glassdoor gets employees to rate their own CEOs, which results in CEO approval ratings that are similar to approval ratings of presidents and...
*Revised* Analyst Reports for EMC Corporation, Freeport-McMoRan Copper & Gold Inc., Eastman Kodak Company, and US Airways Group Inc.
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for EMC...
Cisco: Beats Estimates, No Deal With EMC
Money Morning submits: Cisco Systems Inc. CSCO, the world’s biggest maker of networking gear and the focus of a recent "Buy, Sell or Hold" feature in Money Morning, is not in any deal talks with any big companies, and apparently won’t be a bidder for data...
Making Sense of VMware Options Volume
Frederic Ruffy submits: Wall Street’s been abuzz about the activity in EMC Corp. EMC options over the past two days. On Wednesday, EMC options volume was completely off the charts, as 353,000 calls and 107,000 puts traded on the day. Thursday, the action continued with another 185,000 calls and...
Thursday Options Update: MOT, GRA, IP, IBB, CDE, EMC, HOLX
Rebecca Engmann Darst contributed to this report. Motorola MOT – News that number-three handset maker Motorola had managed to wring a small profit during the second fiscal quarter sent shares 12.6% higher to $8.66 – well within the 14% move that front-month options were pricing in yesterday. While Wednesday’s...
EMC Corporation Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Aaron Rakers with Wachovia Capital Markets. Aaron Rakers – Wachovia Capital Markets Congratulations on a great quarter. I guess the one stand out in my mind maybe we can dig into a little bit is the cash-flow generation...
VMware -- What Is Really (Not Virtually) Going On?
As the smoke clears at VMware, many are trying to figure out exactly what went on as CEO and co-founder Diane Greene was shown the door: Analysts agree that VMware's collapsing stock price and lower revenue warning probably prompted its board to oust Greene. "It is a bit of...
ONN Sidewinder Video Report: Unusual Options Activity in Goldman Sachs
The Tuesday, July 8, 2008 Sidewinder Video Report CHICAGO -- The Sidewinder Report, the www.onn.tv daily options news program recorded live on the floor of the Chicago Board Options Exchange, today examined options trading in the following securities: Goldman Sachs Group Inc GS Logitech International LOGI ...
European Minerals Corporation Learns of Possible Claim, Lero Gold Corp. Reschedules Shareholder Meeting to June 12, 2008
European Minerals Corporation ("EMC") (TSX: EPM)(AIM: EUM) announces that it has learned of a Statement of Claim (the "Claim") issued in the Ontario Superior Court of Justice (Court File No. 58422CP) against EMC and two of its officers. The Claim, which has not yet been served on any of the...
European Minerals Corporation Learns of Possible Claim, Lero Gold Corp. Reschedules Shareholder Meeting to June 12, 2008
European Minerals Corporation ("EMC") (TSX: EPM)(AIM: EUM) announces that it has learned of a Statement of Claim (the "Claim") issued in the Ontario Superior Court of Justice (Court File No. 58422CP) against EMC and two of its officers. The Claim, which has not yet been served on any of the...
New Analyst Reports for EMC CORP, EASTMAN KODAK CO, US AIRWAYS GROUP INC, and D R HORTON INC
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for EMC...
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- Revenue (Fiscal Year) $13.2B
- Profit (Fiscal Year) $1.6B
- Incorporated: 1979
- CEO: Mr. Joseph M. Tucci
EMC develops, delivers and supports the information infrastructure technologies and applications. Co.'s Information Infrastructure business supports customers' information lifecycle management strategies and helps them build information infrastructures that store and protect information. Co.'s Information Infrastructure business consists of three segments: Information Storage, Content Management and Archiving, and RSA Information Security. Co.'s VMware Virtual Infrastructure business provides virtualization applications designed to separate the operating system and application software from the underlying hardware intended to improve efficiency and manageability.
Stock Quote
Board of Directors
Mr. Joseph M. Tucci Chairman
Mr. Windle B. Priem
Mr. Paul Sagan
Mr. David N. Strohm
Mr. William J. Teuber Jr. Vice-Chairman
Mr. Michael W. Brown
Mr. Michael J. Cronin
Ms. Gail Deegan
Mr. John R. Egan
Mr. W. Paul Fitzgerald
Mr. Olli-Pekka Kallasvuo
Mr. Edmund F. Kelly
NAICS Code
Computer Storage Device Manufacturing: 334112
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