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...

Can BlackBerry Sustain Momentum

Last week, BlackBerry (BBRY) shocked Wall Street and reported an unexpected profitable fourth-quarter....Where do we go from here? it seems there's a lot more to BlackBerry than just the BlackBerry Z10 smartphone.

Will the Apple iTV Make the Same Impact as the iPhone and iPad

Apple iTV is rumored to be launched this year, Steve Jobs wanted to create an integrated TV with the simplest user interface, will Apple succeed in making a TV that will have the same impact as the iPhone and iPad?

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