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Stock Market & Financial Investment News

News For KMB;JAH;V;CLX;ACTV;IBM;DELL;FB;T;INTC;KO;MA;YHOO From The Last 14 Days
Check below for free stories on KMB;JAH;V;CLX;ACTV;IBM;DELL;FB;T;INTC;KO;MA;YHOO the last two weeks.
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May 10, 2013
13:05 EDTDELLDell committee says 'carefully reviewing' Icahn transaction
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12:51 EDTDELLCarl Icahn: 'I've made fortunes going against Jim Chanos'
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12:47 EDTDELLIcahn says if board is elected, Michael Dell won't run Dell
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12:46 EDTDELLIcahn says would personally put up over $2B for Dell bridge loan if needed
Carl Icahn is speaking on CNBC.
12:42 EDTDELLIcahn says 'not looking to make a dollar' on Dell shares
Carl Icahn is speaking on CNBC.
12:39 EDTDELLIcahn says proposing full slate of 12 Dell board members on Monday
Carl Icahn is speaking on CNBC.
12:37 EDTDELLIcahn says Dell needs change in culture
Carl Icahn is speaking on CNBC.
12:31 EDTDELLOn The Fly: Midday Wrap
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10:53 EDTFBFacebook adds Facebook Home launcher to more Android phones, androidcentral says
Facebook (FB) has added the Facebook Home launcher to a number of smartphones using Google's (GOOG) Android operating system, including Samsung's (SSNLF) Galaxy S4 and the HTC One, androidcentral reported last night. Reference Link
09:43 EDTKOCoca-Cola to increase investment in China, Xinhua reports
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08:27 EDTMAMasterCard management to meet with Deutsche Bank
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07:08 EDTTESPN considers subsidizing wireless data plans, WSJ reports
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06:30 EDTIBMStocks with implied volatility below IV index mean; IBM FSLR
Stocks with implied volatility below IV index mean; IBM (IBM), First Solar (FSLR) according to IVolatility.
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
14:30 EDTINTCOptions Update; May 9, 2013
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12:25 EDTYHOOYahoo acquires GoPollGo
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12:12 EDTFBLeon Cooperman names Facebook, Qualcomm as stock picks
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11:36 EDTTAT&T unit Aio Wireless launches no-annual-contract service
Aio Wireless, a subsidiary of AT&T, announced earlier the launch of a new nationwide wireless service without an annual contract. Aio expects the service to roll out in multiple markets across the U.S. over the next year, with an initial launch in select stores in Houston, Orlando and Tampa, and with additional stores in these three markets opening in the coming weeks. Aio’s unlimited talk, text, and data rate plans range from $35 to $70 per month, with pricing varying by market, and will offer 4G download speeds of up to 4Mbs per second. AT&T does not expect this announcement to change its January financial guidance, the company noted.
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