Dell and Icahn Enter Confidentiality Agreement (DELL)

Billionaire investor Carl Icahn said on Monday that he has entered into a confidentiality agreement with Dell Inc. (NASDAQ: DELL) possibly putting an end to an altercation over computer maker’s $24.4 billion sale. The agreement would allow Icahn to have access over Dell’s financial records. Icahn’s company, Icahn Enterprises, has said it holds a substantial stake in the company. However, it still unclear how much stake Icahn holds in Dell.

Continue reading Dell and Icahn Enter Confidentiality Agreement (DELL)

Major Movers on February 20; TOL, DELL, SINA, CDE, JOY

Shares of Toll Brothers Inc. (NYSE: TOL), a Horsham, Pennsylvania-based company engaged in designing, building, marketing and arranging financing for single-family detached and attached homes in luxury residential commodities, are down sharply in trading today even as the company swung to a profit in its fiscal first quarter.

Continue reading Major Movers on February 20; TOL, DELL, SINA, CDE, JOY

Dell to go Private in Deal Worth $24.4 Billion (DELL)

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)

Major Movers on January 15; LULU, DELL, AAPL, FRX, SNTS

Shares of Lululemon Athletica Inc. (NASDAQ: LULU) slumped on Tuesday after the yoga and athletic apparel retailer late on Monday boosted its earnings projections for fiscal fourth quarter but remained in line with Street’s estimate and missed analysts’ revenue expectations.

Continue reading Major Movers on January 15; LULU, DELL, AAPL, FRX, SNTS

Major Movers on December 3; GMCR, DECK, SVU, HMA, DELL, VZ

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) shares gained almost 4% after Lazard raised its price target on the stock to $56 from $42. The stock has plunged almost 35% in the last year; however, most of analysts have maintained a positive outlook on the company.

Continue reading Major Movers on December 3; GMCR, DECK, SVU, HMA, DELL, VZ

Major Gainers and Losers on November 16; PENN, DELL, FB, SINA

Shares of Penn National Gaming Inc. (NASDAQ: PENN), a diversified owner and manager of gaming and pari-mutuel properties, soared in trading today. PENN shares ended the day 28.24% higher at $48.23 on above average volume of 10.59 million. The stock hit a 52-week high of $50.50 in trading today.

Continue reading Major Gainers and Losers on November 16; PENN, DELL, FB, SINA

Advanced Micro Devices to Launch Energy-Efficient Server Platform (AMD, HPQ, DELL, IBM, INTC)

In a move to diversify away from stagnating PC market, struggling semiconductor manufacturer, Advanced Micro Devices (NYSE:AMD) announced that it will be lunching energy-efficient server platform focused on vast data and cloud computing—the first major result of its acquisition of SeaMicro.

Continue reading Advanced Micro Devices to Launch Energy-Efficient Server Platform (AMD, HPQ, DELL, IBM, INTC)

Major Gainers and Losers on August 22; TOL, EXPR, WSM, DELL, AEO, YELP, CHS, CLWR, SRZ, HCN

Shares of luxury homebuilder, Toll Brothers Inc. (NYSE: TOL) rose sharply in trading today. The stock rose to a 52-week high of $33.68 before finishing the day 3.77% higher at $33.01 on above average volume of 10.16 million.

Continue reading Major Gainers and Losers on August 22; TOL, EXPR, WSM, DELL, AEO, YELP, CHS, CLWR, SRZ, HCN