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Fly News Breaks for October 22, 2015
EMC, VMW
Oct 22, 2015 | 07:16 EDT
As noted earlier, Oppenheimer downgraded VMware to Perform from Outperform. The firm thinks that the company's core vSphere virtualization engine is facing secular and competitive headwinds and is in decline, while its Virtustream joint venture with EMC (EMC) could weigh on its financial results for years.
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