Actionable news
All posts from Actionable news
Actionable news in EMC: EMC CORPORATION,

Don't Sell EMC Ahead of Dell Merger Just Yet

Trying to decide on what to do with your EMC (EMC) shares? For now, do nothing. Here's why.

EMC, which reports earnings late Monday, is in a win-win situation. Shares are up more than 7% in the past three months, trading around $27.50. Its chart shows the stock is on a path for 5% to 10% gains by year's end.

On Tuesday, EMC shareholders are expected to vote on the planned $67 billion merger with privately held Dell. The takeover was announced eight months ago and is expected to be approved. This...