Dell Inc. (NASDAQ: DELL) announced on Tuesday that it has reached a deal to make itself private, in a $24.4 billion leveraged buyout—the biggest buyout transaction since the financial crisis.
Continue reading Dell to go Private in Deal Worth $24.4 Billion (DELL)
Oracle Corporation (NASDAQ: ORCL) announced on Monday that it has agreed to acquire Acme Packet Inc. (NASDAQ: APKT) in deal estimated at $2.1 billion.
Shares of Acme Packet Inc. (NASDAQ: APKT), a provider of session delivery network solutions, are seeing a huge rally in trading today after the company agreed to be acquired by Oracle Corp. (NASDAQ: ORCL). Under the terms of the agreement, Oracle will acquire APKT for $29.25 per share in cash.
Continue reading Major Movers on February 4; APKT, ORCL, BRO, HLF, DECK
Shares of PMC-Sierra Inc. (NASDAQ: PMCS), a designer, developer and marketer of semiconductor solutions through a network of offices in North America, are seeing a huge rally in trading today after the company reported its fourth-quarter financial results.
Continue reading Major Movers on February 1; PMCS, MRK, CAVM
Oil and gas major Exxon Mobil Corp. (NYSE: XOM) today released its fourth-quarter financial results, posting a 6% increase in earnings.
Shares of NetSuite Inc. (NYSE: N), a provider of cloud-based financials/Enterprise Resource Planning (ERP) software suites, are soaring in trading today after the company reported its fourth-quarter financial results.
Shares of WMS Industries Inc. (NYSE: WMS), a designer, manufacturer and distributor of games, video and mechanical reel-spinning gaming machines and video lottery terminals (VLTs) to authorized customers in legal gaming venue worldwide, are seeing a huge rally in trading today after the company agreed to be acquired by Scientific Group Inc. (NASDAQ: SGMS).
Continue reading WMS Industries to be Acquired by Scientific Games (WMS, SGMS)
Shares of Fortinet Inc. (NASDAQ: FTNT), a provider of network security solutions, are soaring in trading today. At last check, FTNT shares were trading 20.83% higher at $23.38 on volume of 986,307. The stock rose to an intra-day high of $23.48 in trading earlier today.
Continue reading Major Movers on January 31; FTNT, JDSU, FIO
Shares of Qualcomm Inc. (NASDAQ: QCOM), a designer, manufacturer and marketer of digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology and other technologies, have risen sharply in pre-market trading today after the company reported better-than-expected first-quarter profit.
Continue reading Qualcomm Shares Rise Sharply Q1 Profit Beats Estimates (QCOM)
Shares of aircraft manufacturer Boeing Co. (NYSE: BA) have edged higher in trading today after the company reported better-than-expected fourth-quarter profit. The company also said that at this point it does not expect the recent battery problems on its 787 Dreamliner to have a significant impact on earnings in 2013.