Daniel Ives News
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EMC Corp., the world’s biggest maker of storage computers, expanded its share buyback plan by $5 billion and started a quarterly dividend to return cash to investors as customers restrain spending.
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Websense Inc., a website-filtering company that is shifting into Internet security, will be acquired by private-equity firm Vista Equity Partners for about $906 million.
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Nuance Communications Inc., a maker of speech-recognition software, plunged 18 percent after reporting fiscal second-quarter profit and sales that missed estimates.
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Carl Icahn’s purchase of Nuance Communications Inc. shares is spurring speculation he will seek a break-up or sale of the speech-recognition software developer.
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EMC Corp. , the world’s biggest maker of storage computers, reported a 61 percent increase in fourth- quarter profit and predicted full-year earnings topping analysts’ estimates as companies upgrade their data centers.
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Symantec Corp., the world’s biggest security-software maker, rose the most in three months after forecasting sales that topped analysts’ estimates as large businesses bought more antivirus and encryption tools.
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Symantec Corp., the world’s biggest security-software maker, rose the most in three months after forecasting sales that topped analysts’ estimates as large businesses bought more antivirus and encryption tools.
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Symantec Corp. Chief Executive Officer Steve Bennett plans to cut at least 1,000 jobs as part of his overhaul of the world’s largest antivirus software maker, a person familiar with the plans said.
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Symantec Corp., the biggest maker of antivirus software, advanced to the highest price since 2008 after reporting fiscal third-quarter sales and profit that beat estimates, aided by strong demand for data-management tools.
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EMC Corp. ’s $2.25 billion purchase of Isilon Systems Inc. pushes it deeper into the $19 billion external-storage market and gives it more ammunition against rivals NetApp Inc. and International Business Machines Corp.
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