June 18- Billionaire investor Carl Icahn on Tuesday laid out a new proposal for Dell Inc, calling on the No. 3 PC maker to buy back 1.1 billion shares and allowing the activist to become a larger stakeholder.
June 18- Billionaire investor Carl Icahn told Dell Inc shareholders that an investment bank would help fund his offer for the PC maker as he sought to assuage concerns over his means to fund the bid.
June 11- Dole Food Co Inc, one of the world's largest producers and marketers of fruit and fresh vegetables, received an unsolicited buyout offer from 90- year-old Chief Executive David Murdock, valuing the company at just over $1 billion.
NEW YORK, June 7- Carl Icahn and Southeastern Asset Management Inc are short-listing potential candidates to become the next Dell Inc chief executive should they succeed in a proxy battle against Michael Dell and Silver Lake Partners, two sources close to the matter told Reuters.
June 5- A Dell Inc special committee said activist investor Carl Icahn's proposal for a $12- per-share special dividend is nearly $4 billion short of the financing necessary to succeed. Dell founder and CEO Michael Dell and private equity firm Silver Lake have proposed a $24.4 billion buyout of the personal computer maker.
June 5- A Dell Inc special committee said on Wednesday the proposed Carl Icahn-Southeastern proposal presented a "significant liquidity gap" that could reduce a promised $12- per-share special dividend to as little as $8.50.
May 31- Dell Inc called on shareholders on Friday to approve a $24.4 billion buyout offer by founder and CEO Michael Dell and private equity firm Silver Lake, saying the bid was superior to other strategic options.
May 31- Dell Inc urged shareholders on Friday to vote for the $24.4 billion buyout offer led by founder and Chief Executive Michael Dell at a special meeting on July 18, saying the bid was superior to other strategic options.
May 31- Dell Inc said it will hold a special meeting for shareholders on July 18 to vote on a proposed $24.4 billion buyout led by founder and Chief Executive Michael Dell. A special committee of Dell's board also issued a letter to shareholders recommending that they vote to approve the deal.
SAN FRANCISCO, May 22- Hewlett-Packard Co raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services.
*Pactera expects to form special committee to assess offer. *Pactera shares up 30 percent. May 20- Pactera Technology International Ltd said on Monday that Blackstone Group LP, together with the company's management, made a $680.3 million non-binding proposal to take China's largest technology outsourcing firm private.
SAN FRANCISCO, May 16- Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.
BOSTON, May 15- Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell Inc in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private.
SAN FRANCISCO, May 14- Dell Inc, mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday, May 16, five days ahead of schedule.
SAN FRANCISCO, May 14- Dell Inc, mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday, May 16, five days ahead of schedule.
The Federal Reserve won't change course on quantitative easing this week, Steve Weiss of Short Hills Capital says.
Tuesday, 18 Jun 2013 | 7:10 AM ETAn airline passenger records a Chinese cargo handler as he tosses boxes of something on to and off of a conveyor belt for shipment. Hopefully, the cargo was packed well.
Tuesday, 18 Jun 2013 | 9:33 AM ETPlans to take PC maker Dell private by leveraging the company's balance sheet are misguided, CNBC's Jim Cramer said on "Squawk on the Street" Tuesday, because the company is facing lower margins and an increased competition from rival Hewlett Packard.