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Stock Market & Financial Investment News

News Breaks
December 11, 2012
07:23 EDTPLXS, MU, SCSC, SNX, AMD, TECD, IM, CTXS, EMC, FLEX, DELLRaymond James to host a conference
2012 Technology & IT Supply Chain Conference is being held in New York on December 11.
News For SCSC;FLEX;TECD;MU;EMC;AMD;PLXS;CTXS;SNX;DELL;IM From The Last 14 Days
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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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11:38 EDTEMCEMC spikes higher, levels to watch
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11:17 EDTAMDDataram announces manufacturing partnership with AMD
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10:00 EDTMUOn The Fly: Analyst Downgrade Summary
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07:47 EDTMUMicron downgraded at JMP Securities
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07:03 EDTMUMicron downgraded to Market Perform from Outperform at JMP Securities
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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
11:47 EDTAMDStocks with call strike movement; CLF AMD
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09:17 EDTCTXSCitrix Systems management to meet with Deutsche Bank
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06:10 EDTMUDRAM shortages expected to impact PC players in Q2, DigiTimes says
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05:54 EDTDELLStocks with implied volatility movement; DELL BAX
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