Microsoft Boosts Dividend By 22 Percent, Renews $40B Shares Buyback

The board of directors of Microsoft Corporation (NASDAQ:MSFT) approved a 22% increase to the quarterly dividend of the company to $0.28 per share. The board also renewed the $40 billion shares repurchase program of...

Summers Exits Fed Candidacy; U.S. Stock Markets Rally

The stock markets in the United States rallied over the decision of former National Council of Economic Director, Lawrence Summers to withdraw his candidacy to become the next head of the Federal Reserve to...

Dell Shareholders Approve $24.9 Billion LBO Deal

The shareholders of Dell (NASDAQ:DELL) formally approved the $24.9 billion leveraged buyout (LBO) offer by its founder and CEO, Michael Dell and Silver Lake Partners after a long battle against activist investor, Carl Icahn who strongly believed that the proposal “greatly undervalues” the PC maker.

Twitter Confirms IPO With A Tweet

Twitter, the popular micro blogging company confirmed the filing of its initial public offering (IPO) with the Securities and Exchange Commission via tweet. Analysts and investors as well as the media covering the technology...

Carl Icahn Ends Fight to Stop Dell Buyout

Activist investor, Carl Icahn decided to end the fight to stop the buyout proposal of Michael Dell and Silver Lake Partners to take Dell Inc (NASDAQ:DELL) private. In a letter to his fellow shareholders on...

Wells Fargo Remains Committed In Offering Student Loans

Wells Fargo & Company (NYSE:WFC) remains committed in offering student loans despite the exit of other major banks in the business and a stringent scrutiny from regulators concentrating on the private  student lending market. Since...

Mulally to Remain Ford CEO Until End of 2014, Denies Early Departure

Ford Motor Company (NYSE:F) CEO Alan Mulally denied reports that he will step down from his position earlier than planned. He said he will lead the automaker until  end of 2014. Alan Mulally, president and...

Glenview Capital Boosts Stake In JC Penney, Becomes 2nd Largest Shareholder

Glenview Capital Management, the hedge fund headed by Larry Robbins increased its stockholding in JC Penney Company (NYSE:JCP) based on its latest 13G filing with the Securities and Exchange Commission (SEC). The hedge fund...

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