|Bid||0.00 x 800|
|Ask||110.00 x 800|
|Day's Range||86.82 - 90.11|
|52 Week Range||59.93 - 92.40|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 5, 2018 - Sep 10, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||104.17|
Earlier in the series, we discussed VMware’s (VMW) top line growth as well as its operating margins. In fiscal Q1 2019, VMware’s revenue rose 13.8%, while its net income rose approximately fourfold to $942 million from $245 million in fiscal Q1 2018. VMware’s profit surge in fiscal Q1 2019 was mainly the result of a one-time gain of $781 million from Pivotal Software’s IPO.
NEW YORK, June 07, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Teva ...
Pure Storage has been an unlikely leader in the storage industry. IT shops responded and began adopting Pure Storage's all-flash solutions into their performance applications. The entire storage industry scrambled to respond to the threat of all-flash arrays, and over just the past two years, all-flash arrays have become a standard part of every vendor's catalog.
Dell Technologies narrowed its first-quarter net loss to $636 million from $1.17 billion during the same quarter a year ago.
Advanced Micro Devices (NASDAQ:AMD) is currently trading for $14.60 per share, a level last seen in March 2017. Shares of AMD stock climbed steadily from early 2016 to early 2017 before hitting near that mark and beginning to zigzag mostly lower. One catalyst for AMD stock’s recent return to its highest point in a decade was the fact that tech giant Cisco (NASDAQ:CSCO) unveiled new services that include AMD EPYC processors.
During the first quarter of the year, Dell Technologies Inc reported revenue of $21.36 billion. Dell Technologies Inc’s earnings per share for the first quarter of 2018 came in at $1.24. This is an increase over its earnings per share of 75 cents from the same time last year.
Dell Technologies Inc., the world’s largest private technology company, reported an upbeat first quarter, signaling the improving corporate IT spending environment has boosted its fortunes. Chief Executive Officer Michael Dell has been considering strategic options for the computer- and server-maker, such as a combination with software affiliate VMware Inc. or an initial public offering for Dell. The company tried to revamp itself as a cloud player by offering customers software from a suite of smaller companies in which it’s invested, in a bid to take back sales from Amazon.com Inc. and Microsoft Corp.
On a per-share basis, the Round Rock, Texas-based company said it had a loss of $1.95. Earnings, adjusted for non-recurring costs, were $1.24 per share. The computer and technology services provider posted ...
Shares of Dell Technologies Inc. rallied 2.9% in premarket trade Monday, after the technology services company reported fiscal first-quarter revenue that rose more than expected. The net loss for the quarter ...
ROUND ROCK, Texas , June 4, 2018 /PRNewswire/ -- News summary Strong quarter with revenue of $21.4 billion , up 19 percent Double-digit growth in commercial client, servers, storage and VMware First quarter ...
Trade could dominate the headlines for markets in the week ahead, as President Donald Trump heads to Quebec for the meeting of G7 leaders, who all have first-hand experience with Trump tariffs. With little data and earnings news, markets could hang on every trade headline, and there could also be developments on trade issues with China and on NAFTA. The news of new U.S. tariffs rattled markets in the past week, but the counterbalance was strong data on employment and manufacturing Friday that helped stocks rally.
Shares of Dell Technologies Class V, the tracking stock for VMware, rallied for the second straight session on news that activist investor Carl Icahn has bought shares and optimism that a deal can be struck on favorable terms with the privately held Dell. The shares of the Dell tracker (DVMT) gained $1.89, to $80.70, on Monday after rising $4.50, or 6%, on Friday. The gain Friday came after Dell disclosed in a filing that it was considering a combination of Dell and the tracking stock as one of several corporate actions now being weighed by the company, which is controlled by Michael Dell and Silver Lake Partners.
Carl Icahn reveals the size of his position in VMware on CNBC's "Halftime Report" Monday.
General Electric, Fifth Third Bank, Microsoft and Nvidia are the companies to watch.
ROUND ROCK, Texas, May 21, 2018 /PRNewswire/ -- Dell Technologies (DVMT) will conduct a conference call Monday, June 4, 2018, at 7 a.m. CDT to discuss its Fiscal 2019 first quarter financial results. The company will issue its first quarter results via a press release before the conference call broadcast. Dell Technologies is a unique family of businesses that provides the essential infrastructure for organizations to build their digital future, transform IT and protect their most important asset, information.
Dell is talking with the holders of its DVMT tracking stock to gauge their opinion on if they want a full merger between VMware and Dell. Tracker stock holders currently own shares that track the performance of VMware but not the rest of Dell's business. A deal with VMware could theoretically be done in stages, with step one eliminating the tracker and step two merging Dell and VMware.
It was no surprise that the crowd of ten thousand technology practitioners and engineers cheered the appearance of a McLaren supercar driving across the stage at the 2018 Dell Technologies World event earlier this month. Rounding out the vision was a range of products and services, which Moor Insights & Strategy has detailed in various Forbes articles.
Dell Technologies, the private company controlled by Michael Dell, is considering a combination with Dell Technologies class V, the tracking stock for VMware, based on a filing late Thursday. Such a combination, which would require the approval of two independent Dell directors and a majority of the tracker holders, could be bullish for the tracker if the terms are favorable. Tracker investors, however, may balk at a deal that gives them a stake in the highly leveraged Dell.
As CEO Michael Dell weighs whether to combine his privately held Dell Technologies with VMware, a software company that is 82% owned by Dell, some holders of the Dell tracking stock for VMware are sketching out a merger scenario that could be beneficial for all three of the major stakeholders. The idea is to create sufficient value in a combined company that would please Michael Dell and Silver Lake Partners, the public holders of VMware, and the Dell tracker holders. A deal would require that a value be placed on the private Dell, a tricky proposition given its high debt load of $48.7 billion and disappointing financial results since it was created from the merger of Dell and storage maker EMC in September 2016.
The deal is set to be completed on June 1, Toshiba said. Chinese antitrust regulators had been weighing the deal for months, and some inside Toshiba had grown skeptical that approval would come amid tit-for-tat trade actions by the U.S. and China. Toshiba had begun to weigh alternatives to the deal such as a public offering of the unit’s shares, people familiar with the matter said.
LONDON, UK / ACCESSWIRE / May 17, 2018 / If you want a free Stock Review on HPE sign up now at www.wallstequities.com/registration. On Wednesday, May 16, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Wednesday's trading session in bullish territories.