EMC qtr profit up but outlook disappoints

(Reuters) - By Jim Finkle



BOSTON, July 24 - EMC Corp. posted a 20 percent rise in quarterly profit on Tuesday on higher sales of data storage equipment, but shares fell as its full-year forecast disappointed investors hoping for a more bullish outlook.


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SXR Uranium to acquire Energy Metals Corp

(Reuters) - Uranium company sxr Uranium One Inc. said it would acquire Toronto-listed Energy Metals Corporation in an all-share deal that would enhance its asset portfolio in the United States.

Uranium One said on Monday EMC shareholders would receive 1.15 common of its shares for each issued share of EMC, representing a value of C$19.12 per share. The offer values EMC at C$1.59 billion.


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UPDATE 1-SXR Uranium to acquire Energy Metals Corp.

(Reuters) - Uranium One said on Monday EMC shareholders would
receive 1.15 common of its shares for each issued share of EMC,
representing a value of C$19.12 per share. The offer values EMC
at C$1.59 billion .




"With our solid position in Kazakhstan and South Africa, the
acquisition of EMC fits in perfectly with our stated strategy of
value-accretive external growth and our focus on growth in the
United States," Uranium One President and Chief Executive
Officer Neal Froneman said in a statement.


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EMC profit rises with software sales; shares gain

(Reuters) - By Jim Finkle

BOSTON, April 17 - EMC Corp. , the top maker of corporate data storage equipment, on Tuesday reported higher first-quarter profit, spurred by growth in software sales and its Asia business, sending its shares up 3 percent.


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