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Stock Market & Financial Investment News

News For DELL;PENN;OMX;DVAX;SHLD From The Last 14 Days
Check below for free stories on DELL;PENN;OMX;DVAX;SHLD the last two weeks.
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May 14, 2013
11:17 EDTDELLDell May volatility increases into Q1 and revenue outlook
Dell May call option implied volatility is at 33, June and July is at 14; compared to its 14-week average of 16 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on May 16.
11:13 EDTDELLDell moving up earnings announcement to Thursday, CNBC reports
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11:12 EDTDELLDell earnings expected to be below consensus, CNBC reports
10:49 EDTDELLDell accuses optical disk drive makers of price-fixing, Bloomberg says
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08:19 EDTDELLDavid Tepper says Dell in tough business, no position in company
05:44 EDTDELLBanks work deals from both sides of the field, WSJ reports
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May 13, 2013
16:49 EDTDELLIcahn, Southeastern to nominate several parties to Dell board
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16:25 EDTDELLOn The Fly: Closing Wrap
Stocks on Wall Street were little changed from their opening levels as investors weighed the potential end of the Fed's quantitative easing program against a better than expected report on retail sales. The Wall Street Journal's Jon Hilsenrath suggested in a report over the weekend that the Federal Reserve has mapped a QE exit strategy. The report paired with the retail sales data left the market lacking conviction in either direction today, as the averages spent the majority of the session range-bound near the flatline. ECONOMIC EVENTS: In the U.S., retail sales rose 0.1% in April, which beat expectations for a 0.3% decline. Retail sales excluding autos, gas, and building materials rose 0.6%, which was also better than expected. Business inventories were flat in March, versus expectations for a 0.3% gain. In Asia, Chinese factory output grew 9.3% annually in April, which was up from 8.9% in March but still missed expectations for a 9.5% growth rate. COMPANY NEWS: The Supreme Court ruled unanimously that Monsanto's (MON) patented genetically altered soybeans are protected and that farmers cannot use them to create new seeds without paying the company... Dell's (DELL) special committee publicly asked for more information from Carl Icahn and Southeastern Asset Management about their proposed leveraged recapitalization. This request follows television interviews by Icahn last Friday in which he discussed his Dell proposal, as well as a weekend report in Barron's saying the Icahn and Southeastern plan could be a better deal for shareholders. MAJOR MOVERS: Among the notable gainers was Theravance (THRX), up $6.26, or 17.92%, to $41.20 after Elan Corporation (ELN) bought a stake in the potential future royalty payments from four respiratory programs partnered with GlaxoSmithKline (GSK) in exchange for $1B in cash. Also higher was Tesla (TSLA), which rose $11.04, or 14.38%, to $87.80 in its third straight double-digit percentage gain following a better-than-expected earnings report last week. Among the noteworthy losers was Barnes & Noble (BKS), down $2.21, or 9.48%, to $21.10 after the blog InsiderMonkey disputed a previous report about Microsoft's (MSFT) interest in the bookseller's NOOK assets. Also lower was JoS. A. Bank (JOSB), down $3.31, or 7.16%, to $42.90 after the company's first quarter earnings view came in below expectations. INDICES: The Dow was down 26.81, or 0.18%, to 15,091.68; the Nasdaq was up 2.21, or 0.06%, to 3,438.79; and the S&P 500 was nearly unchanged at 1,633.77.
12:20 EDTDELLOn The Fly: Midday Wrap
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07:22 EDTDELLDell special committee asks for more info from Icahn, Southeastern Asset
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07:17 EDTDELLDell special committee asks for more info from Icahn, Southeastern Asset
May 12, 2013
18:35 EDTDELLCarl Icahn's newest offer could be better deal for Dell holders, Barron's says
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