VMware, Inc. (NYSE:VMW), the global leader in virtualization and cloud infrastructure, announced that Bill Fathers, VMware’s senior vice president and general manager, hybrid cloud business unit, will present as a speaker at the Raymond James Internet/Software Crossover Conference in San Francisco, CA on Thursday, May 29th, 2014 at 1:10 p.m. PT/4:10 p.m. ET. VMware, Inc. (NYSE:VMW) net profit margin is 19.30% and weekly performance is 2.76%. On last trading day company shares ended up $96.44. Analysts mean target price for the company is $110.44. VMware, Inc. (NYSE:VMW) distance from 50-day simple moving average (SMA50) is -4.42%.
International Business Machines Corp (NYSE:IBM) announced a collaboration with the Zambian Ministry of Health to provide citizens with improved access to 200 life saving drugs. Supported by the World Bank, the Department for International Development, UNICEF and London Business School, Zambia’s Medical Stores Limited (MSL) will deploy a new medical supply chain pilot project using sophisticated analytics and mobile technologies to better manage medicine inventory and delivery. International Business Machines Corp. (NYSE:IBM) shares fell -0.38% in last trading session and ended the day on $185.68. Gross Margin is 48.90% and its return on assets is 15.70%. International Business Machines Corp. (NYSE:IBM) quarterly performance is 2.17%.
Red Hat, Inc. (NYSE:RHT), the world’s leading provider of open source solutions, announced that the company will host “Redefining the Enterprise Operating System,” a webcast and virtual event at 11 a.m. EDT on Tuesday, June 10, 2014. Red Hat Inc (NYSE:RHT) shares moved up 0.70% in last trading session and was closed at $50.46, while trading in range of $49.90 – $50.77. Red Hat Inc (NYSE:RHT) year to date (YTD) performance is -9.96%.
The leading American company Symantec Corporation (NASDAQ:SYMC) recently announced the fiscal Q4 results. According to the reports, the GAAP revenue of the company was $1.63 billion for the fiscal Q4. If you compare it with the last year’s figures, you will come to know that the company posted 7% negative growth on YOY basis. Symantec Corporation (NASDAQ:SYMC) the last trading day at $22.22. Company weekly volatility is calculated as 1.86% and price to cash ratio as 3.76. Symantec Corporation (NASDAQ:SYMC) showed a negative weekly performance of -0.40%.
LogMeIn, Inc. (NASDAQ:LOGM) said it has joined OASIS, an international standards consortium, to help spur development of Internet of Things (IoT) standards. LogMeIn Inc (NASDAQ:LOGM) net profit margin is -0.60% and weekly performance is 3.69%. On last trading day company shares ended up $43.26. Analysts mean target price for the company is $50.44. LogMeIn Inc (NASDAQ:LOGM) distance from 50-day simple moving average (SMA50) is 0.97%.