Scalper1 News
EMC (EMC) expects to return to double-digit EPS growth by 2018 and will not spin off all of VMware, but it could unlock value through an IPO of subsidiary Pivotal. So say analysts in the wake of the data storage system maker’s investor day on Tuesday. EMC stock was down 2.5% in early trading in the stock market today, near 26, after falling more than 3% Tuesday after executives put the kibosh on any VMware (VMW) spinoff. Brent Bracelin, an analyst Scalper1 News
Scalper1 News