EMC Corp. (EMC) tumbles on weak outlook
Posted on January 29, 2013 at 10:39 AM EST
Normal 0 false false false MicrosoftInternetExplorer4 EMC Corp. (NYSE: EMC) shares fell 6.8% to $23.50. The company, which sells data-centre products, gave a weak 2013 outlook as it forecast adjusted earnings of $1.85 a share compared with $1.90 a share predicted by analysts polled by Thomson Reuters. Share volume was 3.3 million, compared to an all-day average of 3.7 million /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}