6:37am ET
Retail
Taking J.C. Penney Private
courtesy J.C. Penney Co. Inc.Now that nearly every public company in trouble appears to be a potential target for a leveraged buyout (LBO), J.C. Penney Co. Inc. (NYSE: JCP) has a chance…
DELL Coverage Page 34
6:37am ET
Consumer Electronics
HP Soars as PC World Implodes
courtesy of Hewlett-PackardWall St. must see something in Hewlett-Packard Co. (NYSE: HPQ) that has been missing for years. HP shares have risen 30% over the past three months, despite a string of…
6:36am ET
Investing
What’s Important in the Financial World (2/15/2013)
ThinkstockAn IRS Warning The IRS has decided to state the obvious. If someone other than yourself prepares your taxes, make sure the person (or firm) is not a fake, fraud or dishonest.…
Douglas A. McIntyre 3:59pm ET
Investing
24/7 Wall St. Closing Bell — February 14, 2013: Markets Punt Again Today (CL, NVDA, LMT, DELL, VZ, AMAT, CAR, CTL, CSCO, CLD, IPI, KGC, MET, NTAP, PXD, TRIP, Z, ANR, ABX, DTV, GM, PEP, CBS, GG, AEP, BKW, CPB, SJM, TOWR, HNZ, ANGI)
U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth quarter of 2012, and…
11:30am ET
Investing
What If Michael Dell Doesn’t Really Want to Buy Dell? This Could Be “The Dell Put!”
ThinkstockThe proposed management-led buyout of Dell Inc. (NASDAQ: DELL) is far from being without controversy. When the deal was still in the rumor stage, we came up with a maximum valuation of…
8:45am ET
Investing
Top Analyst Upgrades and Downgrades (CTL, SCHW, CL, DELL, DNDN, ETFC, JCP, LEAP, MAS, NVDA, OII, PLCM, PBH, PG, LMT, RAX, AMTD, VZ)
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. CenturyLink Inc. (NYSE: CTL) cut to Neutral at J.P. Morgan, cut to Reduce…
8:35am ET
Investing
Top Analyst Upgrades and Downgrades (AVP, BBVA, RATE, BPL, CLWR, CLF, CMCSA, CXO, DELL, FOSL, GE, GRPN, PM, PXD, SD, ZMH )
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Avon Products Inc. (NYSE: AVP) raised to Neutral at UBS. Banco Bilbao Vizcaya…
6:38am ET
Investing
What Happens to Michael Dell, If the Dell Buyout Dies?
courtesy Dell Inc.Michael Dell and some of his associates own 16% of Dell Inc.’s (NASDAQ: DELL) shares. This block has set a planned leveraged buyout (LBO). Southeastern Asset Management and T. Rowe Price, which…
6:37am ET
Investing
Media Digest (2/13/2013) Reuters, WSJ, NYT, Bloomberg
courtesy of AOL, IncComcast Corp. (NASDAQ: CMCSA) will buy the portion of NBCUniversal that it does not already own from General Electric Co. (NYSE: GE) for $16.7 billion. (Reuters) The S&P 500 almost…
11:15am ET
Technology
Dell Investor Gets Serious About Low Price
courtesy Dell Inc.Southeastern Asset Management intends to push harder against the buyout of Dell Inc. (NASDAQ: DELL) by founder Michael Dell and his partners. Southeastern, which owns a stake of about 8.44%…
Paul Ausick 7:15am ET
Investing
Some Actively Traded Stocks See Jump in Short Interest (GE, NOK, BAC, VZ, ANR, MCD, AAPL, RIMM, MSFT, DELL, GMCR, CSCO)
thinkstockWe have tracked the key short interest changes as of January 31 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
7:00am ET
Consumer Electronics
Shareholder Makes Case for Dell Buyout at $24 a Share
courtesy Dell Inc.Management of Southeastern Asset Management, the largest outside investor in Dell Inc. (NASDAQ: DELL), made the case that the personal computer company is worth $24 a share. That is a…
Douglas A. McIntyre 6:42am ET
Investing
What’s Important in the Financial World (2/11/2013)
ThinkstockApple Dividend Rumors The latest speculation about Apple Inc.’s (NASDAQ: AAPL) financial plans is that it will raise its dividend. That may be a way to fend off activist investor David Einhorn,…
6:34am ET
Investing
Media Digest (2/11/2013) Reuters, WSJ, NYT, FT, Bloomberg
courtesy of NetflixGermany continues to battle France over the use of stimulus to help jump-start the EU economy. (Reuters) U.S. Airways Group Inc. (NYSE: LCC) and AMR probably will close an $11 billion…
5:10pm ET
Investing
Largest Shareholder Objects to LBO — the Letter
Southeastern Asset Management, which owns 8.5% of Dell’s shares outstanding, has filed documents and a letter to Dell Inc.’s (NASDAQ: DELL) board that objects to the planned LBO. The letter makes it…
Douglas A. McIntyre