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>> VMWARE Latest News

JAN 29, 2013 - Investors Business Daily

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EMC Outlook Provides Tepid Optimism; VMware Weighs

EMC's fourth-quarter earnings issued Tuesday provided some relief to investors that tech spending is growing despite a weak global environment. But it didn't offset concerns that VMware (VMW), which is 80% owned by EMC (EMC), might see more difficult times ahead. Shares of VMware fell 21.5% Tuesday in response to its Q1 revenue outlook late Monday, and that weighed on EMC. Its shares fell 4%. "Though EMC had a good quarter and outlook, it was

Tags: EMC Outlook Provides Tepid Optimism; VMware Weighs,  Vmware Latest News