Hints and tips:
...his first two software targets were stagnant businesses ripe for cuts, VMware is a crown jewel that was vital to the massive windfall Michael Dell and Silver Lake generated by buying its parent company EMC...
...US earnings include Boeing pre-market and Facebook, Qualcomm, Texas Instruments, EMC, eBay and Paypal after the close....
...Although UKAR will not start to sell products, it hopes that by raising its profile, its mortgage holders will be encouraged to pay down their debt....
...Mortgage, a Bear Stearns subsidiary....
...EMC Corp , a data storage company that reshuffled its management on Tuesday, gained 9.4 per cent to $25.08....
...The monoline says EMC, Bear Stearns old mortgage-banking arm, misrepresented certain securitised loans that Ambac insured....
...Ambac Assurance, the debt guarantor partly seized last year by Wisconsin’s insurance commissioner, made the claim in a proposed amended complaint in its lawsuit against Bear Stearns’s EMC Mortgage unit,...
...EMC , a data storage group, jumped 4.5 per cent to $21.21 after it was reported that Oracle was considering acquiring it. Oracle shares were down 0.9 per cent to $28.33....
...EMC Mortgage Corporation, a subsidiary of Bear Stearns, agreed in 2008 to pay $28m to settle Federal Trade Commission allegations that it chargedborrowers unauthorised fees and engaged in other abusive practices...
...EMC, the maker of storage-computers, was the leading sector gainer, however, surging 13.7per cent to $14.17 after it posted estimate-beating second-quarter profits and boosted its 2008 sales target....
...EMC, the maker of storage computers, followed close behind. It climbed 6.7 per cent to $17.80 on speculation that the company will sell part or possibly all of its holding in VMware....
...Computer component makers EMC and Emulex led the fallers, dropping 3.2 per cent to $14.17 and 6.3 per cent to $12.74 respectively after Citigroup downgraded the stocks....
...EMC ’s shares hit a six-year high, 9.6 per cent higher on the week at $24.53, after third quarter earnings rose 74 per cent. Yahoo gained 15.8 per cent at $33.63....
...The increase came in spite of market uncertainty in the wake of the subprime mortgage crisis. The company could raise more than $950m if its shares price at the top of that range....
...EMC Mortgage Corp, a unit of Bear Stearns, has filed at least one $70m lawsuit against a lender. Other suits are expected....
...Bear Stearns has been particularly active in mortgage servicing through its subsidiary, EMC Mortgage Corporation, which recently launched the “EMC Mod Squad” to help struggling borrowers modify their loans...
...Or buy EMC in the wake of the initial public offering this week of subsidiary VMWare....
...Shares in EMC jumped 6.62 per cent to $14.50 after the storage systems group said it plans to sell a 10 per cent stake in its VMware subsidiary through an initial public offering....
...Bear Stearns, the biggest US underwriter of bonds backed by home loans, yesterday said its EMC Mortgage unit had created a specialist team to travel the country helping restructure loans for distressed borrowers...
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