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VMW News Highlights
- VMW's 30 day story count now stands at 54.
- Over the past 28 days, the trend for VMW's stories per day has been choppy and unclear. It has oscillated between 1 and 25.
- DELL, ALTO and APR are the most mentioned tickers in articles about VMW.
Latest VMW News From Around the Web
Below are the latest news stories about Vmware Inc that investors may wish to consider to help them evaluate VMW as an investment opportunity.
Magenta Buyer LLC (McAfee Enterprise) -- Moody's assigns B3 CFR to McAfee Enterprise; outlook positive
Rating Action: Moody's assigns B3 CFR to McAfee Enterprise; outlook positiveGlobal Credit Research - 19 Apr 2021New York, April 19, 2021 -- Moody's Investors Service, ("Moody's") assigned a B3 corporate family rating ("CFR") and B3-PD probability of default rating ("PDR") to first time issuer Magenta Buyer LLC ("McAfee Enterprise"). Moody's also assigned a B2 rating to the proposed first lien credit facilities and a Caa2 rating to the proposed second lien credit facility.
AWS and advertising will help drive growth despite some near-term challenges, says Jefferies analyst Brent Thill.
Shares of Dell Technologies (NYSE: DELL) and VMWare (NYSE: VMW) rocketed higher last week, after Dell management confirmed it would in fact be spinning off its 80.6% stake in VMWare later this year. Dell has been faced with a pesky conglomerate discount, so separating the two companies will force investors to assess each separately. Since core Dell and VMWare are likely worth much more separately than they were being valued together, the spin should create substantial value for shareholders.
TheStreet recaps the best stories with Jim Cramer from the past week including Regeneron's COVID treatment, the impact of Apple products, and more.
RBC Capital Stick to Their Buy Rating for VMware
VMware's spinoff from Dell is a 'fork in the road' that comes with big opportunities but plenty of risk (VMW, DELL)
Summary List Placement Dell's long-awaited announcement that it plans to spin off its 81% stake in VMware has analysts feeling cautiously optimistic: The move could be a win for both companies, they say, though the road to success won't be easy. The separation — expected to complete in the fourth quarter — will create two standalone companies "while preserving the VMware-Dell experience" through a five-year agreement to collaborate on products and sales, VMware interim CEO Zane Rowe explained on an investor call. In some ways, the announcement is just a "formality," since VMware had been operating largely independently under the Dell umbrella, said Futurum Research founding partner Daniel Newman. Still, the spinoff will likely bring more value to shareholders (who will be receiving 0.44...
Intel has been hit lately by the growing chip shortage and competition from Nvidia, but it has plans for a big comeback under new CEO Pat Gelsinger.
Dell Technologies (DELL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Dell Technologies' shares rose 8.5% in pre-market trading on April 15 as the company announced the spin-off of its approximately 81% equity stake in VMware. The spin-off will result in two standalone companies and the transaction is expected to close in the fourth quarter of this year. The spin-off is anticipated to unlock “significant value for stakeholders”. Dell Technologies’ (DELL) Chairman and CEO, Michael Dell said, “By spinning off VMware, we expect to drive additional growth opportunities for Dell Technologies as well as VMware, and unlock significant value for stakeholders. Both companies will remain important partners, providing Dell Technologies with a differentiated advantage in how we bring solutions to customers.
Oracle is a cash cow software company whose stock is undervalued.