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VMware Inc (VMW.N)

VMW.N on New York Stock Exchange

138.99USD
18 May 2018
Change (% chg)

$1.48 (+1.08%)
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Latest Key Developments (Source: Significant Developments)

Dell Has Started Talking To Holders Of Its VMware Tracking Stock To Gauge Interest In Merger With VMware - CNBC
Friday, 18 May 2018 

May 18 (Reuters) - :DELL HAS STARTED TALKING TO HOLDERS OF ITS VMWARE TRACKING STOCK TO GAUGE INTEREST IN A MERGER WITH VMWARE - CNBC, CITING SOURCES.DELL REMAINS BULLISH ON VMWARE'S FUTURE, WANTS TO OWN AS MUCH OF THE STOCK AS POSSIBLE - CNBC, CITING SOURCES.  Full Article

Uber's leading CFO candidate, Zane Rowe, recently indicated he will turn down job - WSJ
Saturday, 12 May 2018 

May 11 (Reuters) - :UBER'S LEADING CFO CANDIDATE, VMWARE INC CFO ZANE ROWE, RECENTLY INDICATED HE WILL TURN DOWN JOB - WSJ, CITING SOURCES.  Full Article

Uber Selects VMware's Zane Rowe As CFO To Execute IPO Plans - Bloomberg
Thursday, 19 Apr 2018 

April 18 (Reuters) - :UBER SELECTS VMWARE'S ZANE ROWE AS CFO TO EXECUTE IPO PLANS - BLOOMBERG, CITING SOURCES.  Full Article

Carl Icahn Has Taken A 'Medium'-Sized Stake In VMware - CNBC
Wednesday, 18 Apr 2018 

April 17 (Reuters) - :CARL ICAHN HAS TAKEN A 'MEDIUM'-SIZED STAKE IN VMWARE - CNBC, CITING SOURCES.ACTIVIST INVESTOR CARL ICAHN HAS ACQUIRED A MEDIUM-SIZED STAKE IN VMWARE THAT IS BELOW THE 5 PERCENT DISCLOSURE THRESHOLD - CNBC.  Full Article

Jericho Capital Sends Letter To Independent Directors Of VMware
Monday, 12 Mar 2018 

March 12 (Reuters) - VMware Inc ::JERICHO CAPITAL SENDS LETTER TO INDEPENDENT DIRECTORS OF VMWARE.JERICHO CAPITAL SAYS BENEFICIALLY OWNS ABOUT 1.8 PERCENT OF OUTSTANDING CLASS A COMMON STOCK OF VMWARE.‍JERICHO CAPITAL SAYS BELIEVES VMWARE​'S POTENTIAL REVERSE MERGER WITH DELL WILL "LEAD TO SIGNIFICANT SHAREHOLDER VALUE DESTRUCTION".JERICHO CAPITAL SAYS ASK THAT INDEPENDENT MEMBERS OF BOARD OF VMW REJECT ANY PROPOSAL FOR REVERSE MERGER WITH DELL.  Full Article

VMware CFO expects total revenue for fiscal 2018 to be $7.88 Bln
Friday, 1 Dec 2017 

Nov 30 (Reuters) - VMware Inc ::VMWARE CFO - EXPECT TOTAL REVENUE FOR FISCAL 2018 TO BE $7.88 BILLION AND LICENSE REVENUE FOR FISCAL '18 TO BE $3.16 BILLION - CONF CALL.VMWARE - EXPECT Q4 TOTAL REVENUE TO BE $2.26 BILLION AND LICENSE REVENUE OF $1.03 BILLION, Q4 REVENUE OUTLOOK TAKING INTO ACCOUNT LICENSE BACKLOG AT END OF Q3 - CONF CALL.VMWARE - FOR Q4, EXPECT NON-GAAP OPERATING MARGIN TO BE 36.9% AND NON-GAAP EARNINGS PER SHARE TO BE $1.62.VMWARE - EXPECT NON-GAAP OPERATING MARGIN FOR FISCAL '18 TO BE 33% AND NON-GAAP EPS FOR FISCAL '18 ABOUT $5.13 - CONF CALL.  Full Article

VMware Reports Q3 GAAP Earnings Per Share $1.07
Friday, 1 Dec 2017 

Nov 30 (Reuters) - VMware Inc ::VMWARE REPORTS FISCAL 2018 THIRD QUARTER RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $1.34.Q3 GAAP EARNINGS PER SHARE $1.07.Q3 REVENUE $1.98 BILLION VERSUS I/B/E/S VIEW $1.96 BILLION.Q3 EARNINGS PER SHARE VIEW $1.27 -- THOMSON REUTERS I/B/E/S.- LICENSE REVENUE FOR Q3 WAS $785 MILLION, AN INCREASE OF 14% FROM Q3 OF 2016.- QTRLY SERVICE REVENUE $1,191 MILLION VERSUS $1,087 MILLION IN QUARTER ENED SEPTEMBER 30, 2016.  Full Article

Vmware reports intent to buy Velocloud Networks
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Vmware Inc ::Vmware charts networking's software-defined future for enterprises and service providers with intent to acquire Velocloud Networks.Vmware inc - ‍there is no change to Vmware's previously provided fiscal 2018 guidance due to velocloud networks​ deal.  Full Article

Dell Technologies ‍to invest $1 bln in Iot R&D over next 3 years​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Dell technologies inc ::Dell Technologies says ‍to invest $1 billion in IOT research and development over next three years​.Company's new IOT division will be led by VMWare CTO Ray o'Farrell​.  Full Article

VMware sees Q1 diluted non-GAAP EPS $0.93-$0.96
Friday, 27 Jan 2017 

VMware Inc : Board approves transition to Dell fiscal calendar 52/53 week-year ending on the Friday closest to Jan. 31st . Will have a transition period from Jan. 1st - Feb. 3rd, 2017 and beginning Feb 4th calendar will be aligned to Dell’S FY18. . The Q1 of FY18 will begin on Feb. 4th and end on May. 5th 2017 . The transition period’s results will be included in the first 10-Q of fiscal 2018 . Sees Q1 total revenue between $1.675 billion -$1.725 billion (midpoint of $1.70 billion) . Sees Q1 license revenue between $590 million -$620 million (midpoint of $605 million) . Sees Q1 diluted non -GAAP EPS $0.93-$0.96 (midpoint of $0.945) . Sees FY18 total revenue about $7.57 billion . Sees FY18 license revenue about $2.97 billion . Sees FY18 diluted non-GAAP EPS about $4.87 . Sees FY18 non-GAAP operating margin about 32.3 percent . Sees Q1 FY18 non-GAAP operating margin about 28.2 percent . FY2018 earnings per share view $4.99, revenue view $7.83 billion -- Thomson Reuters I/B/E/S . Q1 earnings per share view $0.96, revenue view $1.69 billion -- Thomson Reuters I/B/E/S . FY2017 earnings per share view $4.69, revenue view $7.44 billion -- Thomson Reuters I/B/E/S Further company coverage: [VMW.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

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VMware CFO likely to turn down Uber finance chief job - WSJ

VMware Inc's Chief Financial Officer Zane Rowe has indicated he will turn down the offer to be become Uber Technologies Inc's [UBER.UL] finance chief, the Wall Street Journal reported on Friday, citing people familiar with the matter.