Stellar EMC fails to impress investors . . . again
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Maybe the Hulk can help? EMC did its usual double-digit thing during the fourth quarter.â¦
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Circuit City (CC:NYSE - news - research) posted a weak third-quarter sales preview, signaling that its attempts to revitalize its brand in consumer electronics are still being eclipsed by stronger competitors, such as Best Buy (BBY:NYSE - news - research
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EMC Corp. , the world&#039;s top maker  of corporate data storage equipment, said on Monday  second-quarter results fell short of its own forecasts, saying  it underestimated demand for a key new product.
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Searching for a signal amid the noise of analyst upgrades and downgrades.
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Today, Seesmic, the company founded by Loic Lemeur, announced their initial $6 million funding. Several people noticed that my name isn't on the list of investors.  I'll probably end up kicking myself when Seesmic becomes the next Google or YouTube. I remain a fan of the company and Loic and his team and will be rooting for them.  Why did I get cold feet? It has nothing to do with the product or the company, both of which appear to be outstanding. It's the stock market. I had to make the final Seesmic decision as I was getting out of stock, at a significant loss. The only stock I hold now is AAPL, and sadly, it's way under the price I paid for it a few months ago. Like a lot of other investors, right now stocks give me the willies. I will likely get back in, slowly, a little bit every week to average out the price, hoping the market has found a bottom.
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The electronics retailer's third-quarter is impressive, but not enough for some.
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Only one satellite radio stock is worth buying...and it&#39;s not the one that snagged Howard Stern. This is an update of a column that originally ran on September 30.
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By Hiawatha Bray, The Boston Globe  Feb. 8--EMC Corp. of Hopkinton plans to turn virtual software into real  cash.   The company will sell 10 percent of its California software subsidiary  VMware Inc. in an initial public offering this year.
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The chipmaker posts record revenue, but profits go lower. You're not really surprised, are you?
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AMD winning on strained silicon? Maybe not, but either way, money can't buy Intel any love.
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(InfoWorld) - After several quarters ofÂ lackluster financial performanceÂ in Asia, EMC executives are looking to get the company's operations back on track. "Our challenge is execution," said Steve Leonard, president of EMC's Asia-Pacific operations. "We have to do a better job of execution, and execution is fixable." During the third quarter, EMC's Asian revenue grew by 6.9 percent, far slower than other regions. The company saw growth of 20.6 percent in the U.S. and 19.4 percent in Europe, the Middle East and Africa during the same period. EMC's other geographical unit, which includes Canada, Mexico and South America, saw growth of 27.1 percent. Still, EMC's financial performance in Asia during the third-quarter was an improvement over previous periods. The company reported revenue growth of 2.2 percent and 1.4 percent during the second and first quarters, respectively. This sluggish growth contrasts with performance in earlier years, when the company posted annual revenue growth in the high teens. Leonard joined EMC in April, after running the Asia-Pacific operations of Symantec, with a mandate to revive the company's business in Asia. "We have asked some members of our team to leave the business, we've asked some team members to take on added responsibility, and we brought in some outside professionals from different companies," he said. Returning to faster growth in Asia will take time, Leonard said, noting EMC is taking a measured approach, looking to first resolve some operational issues before moving on to others. "We're seeing some early indications that some of those things are gaining traction," he said. For example, EMC is rethinking its sales model and is working more closely with channel partners across the region. "In Asia-Pacific, not working closely enough with partners means you miss a lot of territory," Leonard said. "We've re-engineered our partnership program, how we train, and how we reward our partner community." The company also wants to take advantage of its strong market position in storage to sell more software to customers, Leonard said. As part of this process, EMC wants to reinvent itself in the eyes of customers and show how string of acquisitions in recent years have changed the company from a provider of large storage arrays to a vendor that offers a range of products for storing and managing data, he said. Another area where EMC hopes to improve is support. The company is moving to a single support contact for all of its products, a change that should make life easier for customers, Leonard said. "We are improving day by day," he said.
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The game segment is still a drag for the electronics giant.
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By acquiring KVault, which makes e-mail-archiving software, it aims to erode EMC&#39;s lead and rebuild investors&#39; confidence.
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EMC CEO Joe Tucci Tuesday said the company hasn&#39;t felt the heat from the recent storage-platform product introductions by rivals IBM and Hewlett-Packard.
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The roller coaster ride continues for investors in Research in Motion (RIMM:Nasdaq - news - research). The wireless company&#39;s stock fell nearly 12% on Friday to $77.
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77 per cent profit boost EMC saw its stock price leap more than eight per cent today, thanks in part to its 86 per cent stake in the hotter-than-hot virtualization outfit, VMWare.â¦
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Don't be too impressed -- great returns don't always mean much.