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Stock Market & Financial Investment News

News For DELL;ADNC;MRK;TSN;CTRP;GDOT;VVUS;NFLX;MCK;MAT;LTM;ALKS;ELN From The Last 14 Days
Check below for free stories on DELL;ADNC;MRK;TSN;CTRP;GDOT;VVUS;NFLX;MCK;MAT;LTM;ALKS;ELN the last two weeks.
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May 10, 2013
11:47 EDTNFLXStocks with call strike movement; TSO NFLX
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09:38 EDTNFLXActive equity option families trading
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06:53 EDTMRKGlaxoSmithKline, Merck to discount cancer vaccine in poor nations, NY Times says
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06:15 EDTDELLIcahn reports 4.52% stake in Dell, sends buyout proposal to board
Carl Icahn disclosed a 4.52% stake in Dell as well a letter sent to the company's board offering an alternative buyout proposal. The letter stated in part, "We are a group of Dell Inc. shareholders that own in the aggregate approximately 13% of the outstanding shares of Dell Inc. From the announcement of the Agreement and Plan of Merger, dated as of February 5, 2013 we have stated repeatedly that we believe that the Going Private Transaction is not in the best interests of Dell shareholders and substantially undervalues the company. As a result, we will vote against the Going Private Transaction." The group's proposal gives shareholders the right to continue as owners and keep their existing equity position in Dell. The shareholders would also be given the opportunity to elect to receive a distribution of $12 per share in cash or $12 in additional shares valued at $1.65 per share. Icahn and Southeastern said they would both elect to receive additional shares rather than cash. Both investors said financing for their proposal would be obtained from Dell's existing cash and $5.2B in new debt. Icahn and Southeastern believe their proposal is superior to Dell's going private transaction.
06:08 EDTDELLCarl Icahn discloses 4.52% stake in Dell, proposal letter to board
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06:03 EDTDELLIcahn, Southeastern propose alternative buyout for Dell, WSJ reports
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May 9, 2013
11:15 EDTNFLXNetflix up 2% to $212.82 after reaching deal with Disney for TV shows
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11:02 EDTNFLXNetflix and Disney announce multi-year licensing deal for XD shows
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10:08 EDTCTRPOn The Fly: Analyst Upgrade Summary
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09:54 EDTCTRPCtrip.com gaps up sharply following earnings beat, levels to watch
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09:00 EDTCTRPCtrip.com rises 17%
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08:51 EDTMCKHumana appoints Roy A. Beveridge, M.D., as Chief Medical Officer
Humana (HUM) has appointed Roy A. Beveridge, M.D. as Senior VP and Chief Medical Officer, effective June 17. Dr. Beveridge is currently Chief Medical Officer for McKesson Specialty Health, a subsidiary of McKesson (MCK).
08:37 EDTCTRPCtrip.com price target raised to $34 from $25 at Brean Capital
Brean Capital raised its price target on Ctrip.com following better than expected Q4 results. The firm believes it is an attractive name for investors looking to be involved in secular leisure and online travel growth in China. Shares are Buy rated.
08:14 EDTCTRPCtrip.com upgraded to Buy from Neutral at BofA/Merrill
BofA/Merrill upgraded Ctrip followign the better than expected Q1 report.
08:13 EDTCTRPCtrip.com upgraded to Overweight from Equal Weight at Morgan Stanley
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08:05 EDTCTRPCtrip.com upgraded to Buy from Outperform at CLSA
CLSA upgraded Ctrip.com due to the strong Q1 report, top line growth, and higher operating leverage. Price target is $31.
07:22 EDTMRKMerck awarded significant portion of UNICEF HPV vaccine tender
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05:54 EDTDELLStocks with implied volatility movement; DELL BAX
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May 8, 2013
18:04 EDTCTRPCtrip.com sees Q2 net revenue growth approximately 15%-20% over last year
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18:02 EDTCTRPCtrip.com reports Q1 adjusted EPS 30c, consensus 12c
Reports Q1 revenue $187M, consensus $172.63M.
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