Emulex Corp (ELX.N)
18 Dec 2013
|Market Cap (Mil.):||$643.74|
|Shares Outstanding (Mil.):||92.23|
- Network equipment maker Emulex Corp said it would cut 110 jobs, or 10 percent of its workforce, and close an engineering facility as part of a restructuring program initiated last month under pressure from shareholders.
Dec 11 - Network equipment maker Emulex Corp said it would cut 110 jobs, or 10 percent of its workforce, and close an engineering facility as part of a restructuring program initiated last month under pressure from shareholders.
- Network equipment maker Emulex Corp will buy $200 million of its shares and reconstitute its board, following pressure from two of its major shareholders.
Nov 11 - Network equipment maker Emulex Corp will buy $200 million of its shares and reconstitute its board, following pressure from two of its major shareholders.
NEW YORK - Emulex Corp has held talks with a few private equity firms, including Francisco Partners LP, Thoma Bravo LLC and Thomas H. Lee Partners LP about selling itself, but a deal remains uncertain for the struggling chip maker, according to several people familiar with the matter.
Sept 16 - Activist hedge fund Starboard Value LP said network equipment maker Emulex Corp was "extremely undervalued" and called for reconstituting the board to include shareholder advocates.
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Earnings vs. Estimates
Analyst Research Reports
Provider: Thomson Reuters Stock Report
Provider: S&P Capital IQ – STARS Reports
Provider: Pechala's Reports
Emulex Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Ford Investor Services, Inc.
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