Deutsche Bank Downgrades Dell (DELL) to Hold; Higher Bid Unlikely
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Jaguar Health (JAGX) Files $75M Mixed Shelf
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- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Argus Downgrades Dell (DELL) to Sell
February 6, 2013 10:30 AM ESTArgus downgraded Dell (NASDAQ: DELL) from Hold to Sell on the take private deal.
For an analyst ratings summary and ratings history on Dell click here. For more ratings news on Dell click here.
Shares of Dell closed at $13.42 yesterday, with a 52 week range of $8.69-$18.36.... More
Citi Upgrades Dell (DELL) to Neutral
February 6, 2013 6:51 AM ESTCiti upgraded Dell (NASDAQ: DELL) from Sell to Neutral following take-private deal.
For an analyst ratings summary and ratings history on Dell click here. For more ratings news on Dell click here.
Shares of Dell closed at $13.42 yesterday, with a 52 week range of $8.69-$18.36.... More
Microsoft (MSFT) Opts for Loan in Dell (DELL) Deal to Avoid Ruffling Feathers
February 5, 2013 1:43 PM ESTEarlier today, it was reported that Microsoft Corp (NASDAQ: MSFT) is putting in a $2 billion loan to help finance the Dell (Nasdaq: DELL) 'go private' deal.
According to reports out Tuesday, Microsoft CEO... More
Stifel Nicolaus Downgrades Dell (DELL) to Hold
February 5, 2013 12:58 PM ESTStifel Nicolaus downgraded Dell (NASDAQ: DELL) from Buy to Hold on today's 'take private' deal.
For an analyst ratings summary and ratings history on Dell click here. For more ratings news on Dell click here.
Shares of Dell closed at $13.27 yesterday, with a 52 week range of $8.69-$18.36.... More
H-P (HPQ) Issues Statement on Dell (DELL) Deal; Sees 'Tough Road Ahead' for Dell
February 5, 2013 11:20 AM ESTHewlett-Packard (NYSE: HPQ) today issued the following statement related to Dell's (Nasdaq: DELL) announcement to enter into an agreement to be acquired by Michael Dell and Silver Lake:
"Dell has a very tough road ahead.... More
Microsoft (MSFT) Contributes $2B in Dell (DELL) 'Go Private' Deal
February 5, 2013 9:29 AM ESTIn Dell's (Nasdaq: DELL) $24.4 billion 'go private' deal, Microsoft Corp (NASDAQ: MSFT) loaned $2 billion to help finance the transaction.
Shares are indicated for a higher open Tuesday, following a 1.8 percent slide on Monday.... More
Dell (DELL) to Go Private for $13.65/Share in Cash
February 5, 2013 9:21 AM ESTDell Inc. (Nasdaq: DELL) announced it has signed a definitive merger agreement under which Michael Dell, Dells Founder, Chairman and Chief Executive Officer, in partnership with global technology investment firm Silver Lake, will acquire Dell.
Under the terms of the agreement, Dell stockholders will receive $13.65 in cash for each share of Dell common stock they hold, in a transaction valued at approximately $24.4 billion. The price represents a premium of 25 percent over Dells closing share price of $10.88 on Jan. 11, 2013, the last trading day before rumors of a possible going-private transaction were first... More