Tag Archives: vmw

EMC Gets Lower Rating As No VMware Sale Looks Near

EMC (EMC) got downgraded Monday as an investment bank panned its performance and alleged myopia around its VMware (VMW) subsidiary. Daniel Ives, an analyst for FBR Capital Markets, downgraded EMC to market perform from outperform, in a research note, and lowered his price target on EMC stock to 28 from 31. “We are downgrading shares of EMC … in light of the company’s weakening fundamentals, management’s dogmatic view around VMware, and execution

Startup Nutanix’s Gains Pressure VMware, NetApp, EMC

As its rivalry with data center software leader VMware (VMW) grows, hot startup Nutanix’s product roadmap also spells trouble for NetApp (NTAP), says investment bank Jefferies in a research report. Nutanix, a maker of server and data storage systems that run on network management software, strutted out new alliances at a user conference in Miami this week. San Jose, Calif.-based Nutanix has formed closer ties to Microsoft (MSFT), analysts say,

VMware, EMC Q1 Earnings Raise Spinoff Questions

VMware’s (VMW) Q1 revenue and EPS beat amid weak results at parent EMC could fuel more shareholder pressure for a full spinoff of the leader in software virtualization technology, says BMO Capital Markets. Palo Alto, Calif.-based VMware late Tuesday reported Q1 revenue of $1.51 billion, up 11% from the year-earlier quarter, edging the consensus estimate of $1.5 billion. Earnings rose 8% to 86 cents a share, 2 cents above expectations. Data storage