*Office Depot, OfficeMax in merger talks- source. NEW YORK, Feb 19- U.S. stocks were poised to open modestly higher on Tuesday after the long holiday weekend, putting the S&P 500 on track to extend its seven-week winning streak on increased M&A activity and before housing market data.
*Office Depot, OfficeMax in merger talks- source. NEW YORK, Feb 19- U.S. stock index futures advanced on Tuesday, indicating the S&P 500 will build on its seven-week winning streak on optimism about M&A activity and before data on the housing market.
*Office Depot, OfficeMax in merger talks- source. NEW YORK, Feb 19- U.S. stock index futures edged higher on Tuesday, indicating the S&P 500 will build on its seven-week winning streak ahead of data on the housing market. *Economic data on tap includes the National Association of Home Builders/Wells Fargo housing market index for February at 10 a.m..
Silver Lake partnered with technology billionaire Michael Dell earlier this month to take his eponymous PC maker private for $24.4 billion in the largest leveraged buyout since the financial crisis.
*Mike Dell agreed to lower price to help Silver Lake deal. SAN FRANCISCO, Feb 14- Dell Inc Chief Executive Michael Dell, aiming to clinch a $24.4 billion deal to take the No. 3 PC maker private, agreed to value his 16 percent stake in the company at about 2 percent below the price offered to other shareholders, company filings on Thursday showed.
NEW YORK, Feb 12- In March 2009, it was easy to say stocks were cheap- the S&P 500, after all, had lost half its value. 'said Jim Paulsen, chief investment officer at Wells Capital Management in Minneapolis. " 'It's likely that before long the S&P 500 will surpass its 1,576.09 record, reached Oct. 11, 2007.
Feb 12- Dell Inc's third-largest shareholder, T. Rowe Price Group, on Tuesday joined a growing number of investors putting pressure on Michael Dell and his partner Silver Lake to sweeten their $24.4 billion buyout offer for the PC maker.
*Google shares dip, executive to sell nearly half his stake. "This is still a market that looks terrific, but when you're up for six weeks in a row, everyone is going to want to take a pause going into the seventh week even if there is no bad news out there," said Eric Kuby, chief investment officer at North Star Investment Management in Chicago.
NEW YORK, Feb 11- U.S. stocks fell modestly on Monday as investors found few reasons to keep pushing shares higher following a six-weeks-long advance that has taken the S&P 500 index near record highs. The S&P 500 would need to rise 3.9 percent to reach its all-time intraday high of 1,576.09, which was hit in October 2007.
*Google shares dip, executive to sell nearly half his stake. NEW YORK, Feb 11- U.S. stocks slipped on Monday on lack of catalysts to move the market higher after a six-weeks-long advance that has taken the S&P 500 index near record highs.
*Mike Dell, Silver Lake consortium standing firm on $13.65 offer- sources. NEW YORK, Feb 8- Three of Dell Inc's largest investors joined Southeastern Asset Management on Friday in objecting to a $24.4 billion buyout of the No. 3 PC maker led by Chief Executive Michael Dell, sources said, as opposition grows to the largest buyout since the start of the financial crisis.
*Indexes up: Dow 0.4 pct; S&P 500 0.6 pct; Nasdaq 0.9 pct. NEW YORK, Feb 8- The Nasdaq composite stock index closed at a 12- year high and the S&P 500 index at a five-year high, boosted by gains in technology shares and stronger overseas trade figures. The S&P 500 also posted a sixth straight week of gains for the first time since August.
NEW YORK, Feb 8- The buyout consortium led by the founder and chief executive of Dell Inc does not intend to raise its offer for the world's No. 3 PC maker following a letter to the company's board of directors by shareholder Southeastern Asset Management, two people familiar with the matter said on Friday.
Feb 8- Dell Inc's largest independent shareholder, Southeastern Asset Management, on Friday vowed to fight a $24.4 billion buyout of the No. 3 PC maker led by CEO Michael Dell, cementing opposition to what would be the largest buyout since the start of the financial crisis.
Feb 7- Dell Inc's largest independent shareholder, Southeastern Asset Management Inc, has told the computer maker that a $24.4 billion buyout bid undervalues it, adding to a chorus of investor dissatisfaction with the landmark deal to take it private, two sources close to the situation said.