Revised Proposal for Acquisition and Quarterly Results for Big Tech Companies - Research Report on Dell, EMC, Seagate Technology, IBM, and Motorola Solutions

Mon Jul 29, 2013 8:01am EDT

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Revised Proposal for Acquisition and Quarterly Results for Big Tech Companies - Research Report on Dell, EMC, Seagate Technology, IBM, and Motorola Solutions

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, July 29, 2013 /PRNewswire/ --

Today, Analysts' Corner announced new research reports highlighting Dell Inc. (NASDAQ: DELL), EMC Corporation (NYSE: EMC), Seagate Technology Public Limited Company (NASDAQ: STX), International Business Machines Corporation (NYSE: IBM), and Motorola Solutions, Inc. (NYSE: MSI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Dell Inc. Research Report

On July 24, 2013, Dell Inc. (Dell) announced that it has received a revised proposal from Michael Dell and global technology investment firm Silver Lake. Dell reported that under the new proposal, Michael Dell and Silver Lake will increase the price at which they would acquire the company to $13.75 per share in cash, subject to certain conditions. The Company stated that the Special Committee will evaluate the revised proposal with the assistance of financial and legal advisors. The Full Research Report on Dell Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/6072_DELL ]

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EMC Corporation Research Report

On July 24, 2013, EMC Corporation (EMC) released its Q2 2013 financial results. The Company's revenue was up 5.7% YoY to $5.6 billion. Net income attributable to the Company was up 7.8% YoY to $701 million. Net income per weighted average share, basic attributable to common shareholders was up 9.7% YoY to $0.34. Joe Tucci, Chairman and CEO of EMC, said, "The strength and demand we saw during the quarter, despite a cautious IT spending environment, speaks to the soundness of our strategy, the value customers see in our federated business model, and the massive opportunity ahead in cloud computing, Big Data and trusted IT. EMC Information Infrastructure, VMware and Pivotal are positioned on the leading edge of these significant trends. Each business is focused on building its own unique technologies and independent partner ecosystems to offer customers greater choice. Collectively they add up to a very competitive technology stack that not only addresses our customers' top IT needs in 2013, but also their longer-term business transformation priorities." The Full Research Report on EMC Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/e5f1_EMC ]

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Seagate Technology Public Limited Company Research Report

On July 24, 2013, Seagate Technology Public Limited Company (Seagate) released its Q4 FY 2013 financial results (period ended June 28, 2013). The Company's revenue was down 23.6% YoY to $3.4 billion. Net income attributable to the Company was down to $348 million or $0.94 per diluted share, compared to $1,013 million or $2.37 per diluted share in Q4 FY 2012. Steve Luczo, Chairman, President, and CEO of Seagate, stated, "Seagate's financial results reflect strong execution in a time of change, uncertainty and opportunity." Luczo continued, "Looking ahead, we believe the market trends of data growth driven by cloud, mobile and open source advancement will present new and significant opportunities for Seagate. We will continue to balance near-term financial performance and long term strategic development while maximizing shareholder value." The Full Research Report on Seagate Technology Public Limited Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/9dfe_STX ]

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International Business Machines Corporation Research Report

On July 17, 2013, International Business Machines Corporation (IBM) released its Q2 2013 financial results. Revenues were down 3.3% YoY to $24.9 billion. Net income was down 16.9% YoY to $3.2 billion. Diluted EPS was down 12.9% YoY to $2.91. Ginni Rometty, Chairman, President, and CEO of IBM, commented, "In the second quarter, we delivered strong performance in our higher-value software and mainframe businesses and again significantly increased our services backlog on growth in new business." Rometty added, "Going forward, we will continue investing in our strategic growth initiatives, acquiring and divesting capabilities, re-balancing skills and taking action in the areas that are not performing. We expect continued improvement through the second half of the year and remain confident that we will achieve our increased 2013 operating EPS expectation of at least $16.90, excluding the $1 billion workforce rebalancing charge in the second quarter." The Full Research Report on International Business Machines Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/1c4d_IBM ]

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Motorola Solutions, Inc. Research Report

On July 24, 2013, Motorola Solutions, Inc. (Motorola Solutions) released its Q2 2013 financial results. Sales were down 1.9% YoY to $2.1 billion. Net earnings were up 41.8% YoY to $258 million, while diluted EPS from continuing operations was up 56.7% YoY to $0.94. Greg Brown, Chairman and CEO of Motorola Solutions, said, "Our Government business performed well in the second quarter though our Enterprise business continues to be challenged primarily due to market conditions. We remain confident in the fundamental drivers of the business. We will maintain our focus on growing our revenues, managing our cost structure and expanding our operating margins." The Full Research Report on Motorola Solutions, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/e869_MSI ]

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