Tag Archives: lead tech

VMware Disappoints With In-Line Q4 Results, Guidance

Enterprise software company VMware late Tuesday delivered roughly in-line fourth-quarter results and current-quarter guidance, but the news disappointed investors. VMware (VMW) stock fell more than 2% in after-hours trading Tuesday. During the regular session, VMware shares rose 2% to 94.94. For the quarter ended Dec. 31, VMware earned a per-share profit, minus items, of $1.01, vs. 81 cents in the year-earlier quarter. Analysts polled by Thomson

Comcast Q4 Bright Spot Is NBCU; TWC Deal Coming?

Comcast’s big move in 2013 — acquiring all of NBCUniversal — brightened its Q4 earnings as its TV broadcast and film units shined, but the cable firm was mum on whether a bid deal involving Time Warner Cable is brewing. Comcast (CMCSA) executives declined comment in their earnings conference call with analysts early Tuesday on whether they’re in talks with Charter Communications (CHTR), which has launched a hostile takeover bid for Time Warner

Sprint Q4 Earnings Might Tee Up T-Mobile Merger

Just why Sprint needs T-Mobile US, widely speculated to be a takeover target, could become crystal clear after Q4 earnings are out. Japan’s SoftBank, which owns 80% of Sprint (S), reportedly is in talks with banks to raise cash to buy out Deutsche Telekom (DTEGY). The German phone company owns 67% of T-Mobile (TMUS). The deal would combine the Nos. 3 and 4 U.S. wireless carriers, to better battle leaders Verizon (VZ) and AT&T (T). T-Mobile