Key Developments: EMC Corp (EMC.N)

EMC.N on New York Stock Exchange

26.50USD
2 Jul 2015
Change (% chg)

$0.08 (+0.30%)
Prev Close
$26.42
Open
$26.50
Day's High
$26.66
Day's Low
$26.42
Volume
1,699,718
Avg. Vol
3,762,541
52-wk High
$30.92
52-wk Low
$25.07

Search Stocks

Latest Key Developments (Source: Significant Developments)

EMC Corporation to acquire Virtustream
Tuesday, 26 May 2015 08:00am EDT 

EMC Corporation:Enters into a definitive agreement to acquire privately-held Virtustream.Says when the transaction closes, Virtustream will form EMC's new managed cloud services business.Says acquisition represents a transformational element of EMC's strategy to help customers move all applications to cloud-based IT environments.Says with the addition of Virtustream, EMC completes the industry's most comprehensive hybrid cloud portfolio to support all applications, all workloads and all cloud models.Virtustream CEO Rodney Rogers will report to Joe Tucci, EMC Chairman and CEO.  Full Article

EMC Corporation declares quarterly cash dividend
Friday, 22 May 2015 08:30am EDT 

EMC Corporation:Declares a quarterly cash dividend of $0.115 per common share.Payable on July 23 to shareholders of record as of July 1.  Full Article

EMC Corp cuts forecast, blaming strong dollar - Reuters
Wednesday, 22 Apr 2015 07:36am EDT 

EMC Corp:Slashed FY 2015 revenue and profit forecast, blaming a strong dollar, and reported quarterly results that fell below Wall Street's expectations - Reuters.Cut its FY 2015 revenue forecast by about $400 million to $25.7 billion and adjusted profit by 7 cents per share to $1.98.Analysts on average were expecting a profit of $1.97 per share on revenue of $25.90 billion, according to Thomson Reuters I/B/E/S.  Full Article

EMC Corp lowers FY 2015 outlook - Conference call
Tuesday, 21 Apr 2015 08:00pm EDT 

EMC Corp:Expects FY 2015 consolidated revenue to be $25.7 billion and non-GAAP EPS to be $1.91.FY 2015 revenue of $25.7 billion and EPS of $1.93 - Thomson Reuters I/B/E/S.  Full Article

EMC Corp declares quarterly cash dividend
Monday, 2 Mar 2015 04:30pm EST 

EMC Corp:Declares quarterly cash dividend of $0.115 per common share.Payable on April 23, of record as of April 1.  Full Article

Atos and EMC to further strengthen strategic alliance
Thursday, 26 Feb 2015 02:05am EST 

Atos SE:Atos and EMC Corp to further strengthen strategic alliance.Has decided to re-integrate Canopy subsidiary and make it part of Atos corporate structure.Says EMC and VMware Inc intend to continue their strategic long-term investment, now as shareholders of Atos.  Full Article

EMC Corp gives FY 2015 guidance; EPS guidance below analysts' estimates - Conference call
Friday, 30 Jan 2015 08:30am EST 

EMC Corp:Expects FY 2015 consolidated revenue to be $26.1 billion and non-GAAP EPS to be $1.98.FY 2015 revenue of $26.2 billion and EPS of $2.06 - Thomson Reuters I/B/E/S.  Full Article

EMC Corp says management approved a restructuring plan - Form 8-K
Thursday, 29 Jan 2015 06:55am EST 

EMC Corp:Says management approved a restructuring plan.Plan consists of reduction in force which will be fully completed by end of 2015.Total charge expected to be about $130 million to $150 million.  Full Article

EMC Corp declares quarterly cash dividend
Friday, 12 Dec 2014 08:30am EST 

EMC Corp:Declared a quarterly cash dividend of $0.115 per common share.The dividend will be payable on Jan. 23, 2015 to shareholders of record on Jan. 2, 2015.  Full Article

EMC acquires Cloudscaling, Maginatics and Spanning
Tuesday, 28 Oct 2014 11:00am EDT 

EMC Corp:Acquires three cloud technology companies: The Cloudscaling Group, Inc., Maginatics, Inc. and Spanning Cloud Apps, Inc.  Full Article

Deals of the day-Mergers and acquisitions

May 26 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

Search Stocks