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EMC Shares Surge

Stock quotes in this article: EMC , VMW , CSCO , VMW  

Updated from 9:33 a.m. EDT

SAN FRANCISCO -- Shares of data storage firm EMC (EMC Quote) climbed after the company said third-quarter revenue benefited from continued growth -- albeit at a modest pace -- in sales to financial services firms.

The company's comments bolstered views that EMC's core data storage business remains healthy, and lent credibility to Chief Executive Joseph Tucci's view that the company will "definitely exceed" its full-year financial goals.

In recent trading on Thursday, EMC shares were up $1.71, or 7.6%, to $24.24, despite declines in broad market indexes. ...

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