DELL

PC shipments during the first quarter of 2017 totaled 62.2 million units, which marks a 2.4 percent decline from the prior quarter and the first time since 2007 that shipments tracked below the 63 million unit mark in a quarter. Gartner noted the PC industry benefited from a growth in demand from...

Clarity Money, a personal finance app that helps users save, invest and track finances, announced Thursday it raised an incremental $11 million Series B funding on top of the $3.5 million it raised eight months back. New Money Infusion The new round of financing has come three months after the...

Cognizant Technology Solutions Corp (NASDAQ: CTSH) shares were on a tear following the release of a letter by Elliott Management that outlined a three-part "Value Enhancement Plan," which envisages a nice bump up in its stock price to $80–$90 by the end of 2017, up 50–69 percent in...

PC shipments have been on the wane for the eighth consecutive quarter, marking the longest duration of decline in the history of the PC industry. A release on market research firm Gartner's quarterly PC tracker survey showed that third quarter PC shipments fell 5.7 percent year-over-year, a faster...

JPMorgan reinstated coverage of VMware, Inc. (NYSE: VMW) with an Overweight rating and $90 price target on uptick in practice growth rates and strong customer adoption of vSAN, NSX and potentially VxRail. Prior to restriction, JPMorgan has a Neutral rating and December 2015 price target of $88 on...

How does salesforce.com, inc. (NYSE: CRM)'s business stack up to the much larger Oracle Corporation (NYSE: ORCL)? According to Global Equities Research's Trip Chowdhry, salesforce is in an "uncomfortable position" compared to its peer, as it is "technology light and marketing heavy" and faces near...

EMC Corporation (NYSE: EMC) shareholders have voted, on a preliminary basis, very strongly in support of the acquisition of the company by Dell Inc. and its associates. Argus’ Jim Kelleher reiterated a Hold rating on EMC Corp. “The future brand for the newly combined entity will be Dell...

VMware, Inc. (NYSE: VMW) was among the leading gainers on the New York Stock Exchange Monday morning after the company released strong financial results for its fiscal second quarter. In early trading, the shares had risen more than 9 percent to $68.40 on heavy volume. This compares to a 52-week...

Oracle Corporation (NYSE: ORCL) announced a massive $14 billion corporate bond sale this week. The company plans on using the proceeds for stock repurchases, dividend payments, debt refinancing and other budget items. While certainly impressive, Oracle’s sale is not even one of the five...

Baird recommends investors stay on the sidelines with Pure Storage Inc (NYSE: PSTG), a provider of all-flash array (AFA) storage solutions, unless the market-share trajectory becomes clearer. Further, the brokerage said Cisco Systems, Inc. (NASDAQ: CSCO) and Hitachi, Ltd. (ADR) (OTC: HTHIY) could...

Featured stories this weekend in Barron's ponder the prospects for an "Amazon-proof" retailer and a drug wholesaler. The prospects for a multinational chemical giant and a global investment management firm are also examined. The cover article offers 24 new investment ideas from the Barron's 2016...

Apple Inc. (NASDAQ: AAPL) has had a rough go of it lately. The stock recently hit new seven-month lows, and it remains down 27.0 percent in the past year. If you were wondering what inspiring words the late great visionary Steve Jobs would tell Apple employees in times like these, you might be...

Secureworks Corp (NASDAQ: SCWX) warrants a valuation discount, Credit Suisse said, while starting coverage of the stock with a Neutral rating and $14.50 target price. The brokerage noted, "SecureWorks currently trades at an enterprise value to next-twelve-months (NTM) revenue multiple of 2.4x,...

According to a report by Gartner, worldwide PC shipments fell 9.6 percent during the first quarter of 2016. Gartner elaborated that total worldwide PC shipments in the first quarter came in at 64.8 million units, marking the sixth consecutive quarter of PC shipment declines. PC shipments dropped...