EMC Newswire

Comprehensive Real-Time News Feed for EMC.

Results 1 - 20 of 2,657 in EMC

  1. Threat of Fight With Activist Fund Looms Over EMC's Q3 ReportRead the original story

    10 hrs ago | Re/code

    When the enterprise data storage company EMC reports quarterly earnings on Wednesday, it will be the first time that company executives will face the public since the disclosure of a large investment by the activist investment firm Elliott Management, which wants to break the company up.

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  2. Investor Wants EMC To Spin Off VMwareRead the original story w/Photo

    Monday | NewsFactor

    Hopkinton, Massachusetts-based EMC acquired the Silicon Valley-based VMware in 2004 for $600 million, before listing 20 percent of the virtualization outfit on the New York Stock Exchange in 2007.

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  3. Elliott Management Acquires Huge Stakes in EMC Corporation (EMC) To...Read the original story w/Photo

    12 hrs ago | Insider Monkey

    Activist investor Elliott Management, headed by billionaire Paul Singer has acquired shares worth more than $1 billion in the cloud-storage company EMC Corporation (NYSE of the company in February of next year, he is 66-years old.

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  4. UPDATE 1-VMware revenue rises as software demand growsRead the original story

    13 hrs ago | Reuters

    ... Wall Street Journal reported on Monday that activist investor Elliott Management Corp had taken a $1 billion stake in EMC Corp with the aim of pushing it to spin off VMware. EMC owns about 80 percent of VMware. VMware's shares rose to $97.90 after ...

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  5. Should EMC Corp. Break Itself Apart?: FAST FUNdamental AnalysisRead the original story w/Photo

    14 hrs ago | Seeking Alpha

    On Monday a Wall Street Journal article reported that the hedge fund Elliott Management Corp has taken a more than $1 billion stake in EMC Corp and revealed that it intends to petition the company to break itself apart.

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  6. Paul Singer Finding Ways To Spend His Time That Don't Involve Uniquely Recalcitrant DebtorsRead the original story

    15 hrs ago | Dealbreaker

    If Argentina doesn't want to sit down with the Elliott Management founder and vulture-investor-in-chief, that's OK. EMC Corp. can't wait to hear from him about how its "federation strategy" is a total disaster than that it should sell its most ...

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  7. Elliott Ready to Split VMWare from EMC: Chart of the DayRead the original story w/Photo

    23 hrs ago | TheStreet.com

    ... click on the link within the confirmation email previously sent you to complete registration. Elliott Management says EMC Corp. has gone square, and it's time to split off one of its key assets, VMWare. The market responded by giving EMC shares a ...

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  8. Map: Reports from the storesRead the original story w/Photo

    Monday | Boston.com

    ... isn't set up to do the job it's supposed to do, because its focus is upside-down. One of the largest shareholders in EMC Corp. plans to pressure the technology firm to split off its VMware unit to boost the company's stock price. Andris Nelsons ...

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  9. EMC faces $10B test to counter call for breakupRead the original story w/Photo

    19 hrs ago | Worcester Telegram & Gazette

    EMC Corp. needs to convince investors that keeping the company together is worth more than the estimated $10 billion that could be unlocked in a breakup.

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  10. Activist Investor Pushes EMC to Break UpRead the original story

    19 hrs ago | NACD

    "Elliott Management Corp. has taken a stake of more than $1 billion in EMC Corp.," Wall Street Journal sources have confirmed, "and plans to push the data-storage giant to break itself apart."

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  11. Why EMC (EMC) Stock Is Up TodayRead the original story w/Photo

    19 hrs ago | TheStreet.com

    Elliott now holds approximately 2% of EMC's $55 billion, which makes the hedge fund the fifth-largest shareholder in the company.

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  12. EMC, with Elliott Management at the door, braces for a showdownRead the original story w/Photo

    22 hrs ago | GigaOM

    Faced with a stubborn activist investor group, EMC CEO and Chairman Joe Tucci may have a big fight on his hands.

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  13. Stocks: Obama's words soothe marketsRead the original story w/Photo

    Monday | KITV-TV

    ... price. The Wall Street Journal reported that hedge fund Elliott Management has taken a 2% stake in data storage company EMC Corp. The paper says Elliott wants EMC to spin off its popular VMware cloud storage business. EMC stock is the best ...

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  14. Shareholder urges EMC to drop VMwareRead the original story w/Photo

    Monday | Boston.com

    One of the largest shareholders in EMC Corp. plans to pressure the technology giant to split off its VMware software unit in a bid to boost the Hopkinton company's stock price, according to a financial industry executive with direct knowledge of the shareholder's plans.

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  15. EMC Faces $10 Billion Test to Beat Breakup Call: Real M&ARead the original story

    Monday | Bloomberg

    EMC Corp. needs to convince investors that keeping the company together is worth more than the estimated $10 billion that could be unlocked in a breakup.

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  16. UPDATE 1-Market Chatter-Corporate finance press digestRead the original story

    Yesterday | Reuters

    ... to hamper a rescue deal with Etihad Airways. * Activist investor Elliott Management Corp has taken a $1 billion stake in EMC Corp and plans to push it to spin off virtualization software unit VMware Inc, the Wall Street Journal reported, citing ...

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  17. EMC's Business Approach Faces TestRead the original story

    Yesterday | Wall Street Journal

    EMC Corp. has long set itself apart with what it calls a "federation" structure, comprised of units that can act cooperatively or independently.

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  18. EMC activist investor pushes company to spin off VMware, report saysRead the original story w/Photo

    Yesterday | Business Journal

    Hedge fund Elliot Management Corp. bought $1 billion in shares of EMC Corp. and is now advocating for the company to break apart through a spinoff of its VMware holding, according to the unnamed sources cited by the Wall Street Journal.

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  19. Ukraine, Gaza push TSX off record highRead the original story

    Monday | Hispanic Business

    ... The stock is up 3% so far today, and almost 80% higher than its IPO price. has taken a 2% stake in data storage company EMC Corp. The paper says Elliott wants EMC to spin off its popular VMware cloud storage business. EMC stock is the best ...

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  20. EMC Rises as Activist Firm Seeks VMware SaleRead the original story

    Monday | Re/code

    Shares of data storage giant EMC were up by nearly five percent in late trading after a report in The Wall Street Journal said that an activist investor has been buying its shares and intends to push for a spinoff of the EMC-controlled software company VMware.

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