IBTimes Australia : Dell Topic

Dell Ships in July Thumb-Sized PC Project Ophelia

Tue, 21 May 2013 09:23:24 +1000

U.S. PC-maker Dell said over the weekend that it would begin to ship in July a thumb-sized computer called Project Ophelia. The Android-based device as big as a USB stick, will sell for $100.

Dell says cannot disclose more information to Icahn yet

Mon, 20 May 2013 21:56:11 +1000

Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's.

Dell tells Icahn cannot disclose more information yet

Mon, 20 May 2013 21:28:05 +1000

Dell Inc sent a letter to suitors Carl Icahn and Southeastern Asset Management saying the company could not provide more information about itself unless the board determined that their proposal was "superior" to Michael Dell's.

Dell Profits Plunge on Lower PC Sales

Fri, 17 May 2013 14:58:34 +1000

Net profit declines 79% to $130m amid investors' battle to takeover the company.

Dell's profit dives as billionaire battle rages on

Fri, 17 May 2013 06:42:02 +1000

Dell Inc, the subject of a takeover battle between activist investor Carl Icahn and the company's billionaire founder, reported a 79 percent slide in profit as personal computer sales continued to shrink.

Dell's profit slides 79 percent as it seeks to go private

Fri, 17 May 2013 06:21:02 +1000

Highfields, other funds dove into Dell fray in first quarter

Thu, 16 May 2013 08:07:03 +1000

Several top stock-picking hedge funds bought about 30 million shares of PC maker Dell Inc in the first quarter, possibly increasing pressure on company founder Michael Dell to improve his bid to take the company private.

Hedge funds shop at Supervalu, sour on Apple

Thu, 16 May 2013 07:00:06 +1000

Barry Rosenstein's JANA Partners liked grocery chain Supervalu Inc in a big way in the first quarter, while Philippe Laffont's Coatue Management lost its stomach for the company's shares.

Hedge fund Highfields Capital dove into Dell fray in first quarter

Thu, 16 May 2013 07:00:05 +1000

Hedge fund Highfields Capital bought 23 million shares of PC maker Inc in the first quarter, according to a securities filing by the fund on Wednesday.

Dell to report earnings 5 days early, on May 16

Wed, 15 May 2013 04:35:04 +1000

Dell Inc , mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday, May 16, five days ahead of schedule.

Dell's first quarter earnings to come in below expectations: WSJ

Wed, 15 May 2013 04:21:02 +1000

Dell Inc will report on Thursday fiscal first-quarter earnings below expectations, the Wall Street Journal cited a person briefed on the company's results as saying.

Icahn, Southeastern reveal board nominees as Dell seeks more info

Tue, 14 May 2013 07:49:01 +1000

Dell Inc's special board committee on Monday asked activist investor Carl Icahn for details of his plan to buy the computer maker, including how he would finance a cash payout to shareholders and who would run the company if his preferred slate of board directors was installed.

Chris Brown Scares Children With Monster Graffiti Outside Hollywood Home

Tue, 14 May 2013 03:54:48 +1000

Singer told he must remove graffiti art along the front wall of his Hollywood home or face fine following complaints.

Dell committee seeks more info from Icahn, Southeastern

Tue, 14 May 2013 03:28:02 +1000

Dell Inc's special board committee asked activist investor Carl Icahn on Monday for details of his plan to buy the computer maker, including how he would finance a cash payout for shareholders and who would run the company if his preferred slate of board directors was installed.

Level Global's Chiasson sentenced to six and a half years prison

Tue, 14 May 2013 02:49:02 +1000

Anthony Chiasson, co-founder of hedge fund Level Global Investors LP, was sentenced to 6-1/2 years in prison on Monday for insider trading.

Dell committee seeks information on Icahn offer

Mon, 13 May 2013 22:35:02 +1000

The special committee of Dell Inc's board on Monday asked Carl Icahn for details of his plans for the computer maker, including how he would finance his offer and who would run the company.

Dell committee asks Icahn for more information

Mon, 13 May 2013 21:49:01 +1000

The special committee of Dell Inc's board of directors on Monday asked Carl Icahn for more details on the activist investor's proposed offer for the computer maker.

Icahn, Southeastern mount challenge to Dell buyout

Sat, 11 May 2013 03:49:02 +1000

Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a $24.4 billion buyout led by founder Michael Dell that will take private the world's No. 3 PC maker.

Icahn, Southeastern offer alternative to Dell buyout

Fri, 10 May 2013 23:56:02 +1000

Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's biggest shareholders, have proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell.

Carl Icahn and Southeastern Propose Rival Bid for Dell

Fri, 10 May 2013 16:41:14 +1000

Icahn and Southeastern, who were opposing the $24.4bn deal for Dell, come up alternative offer.

Icahn, Southeastern propose alternative to Dell buyout deal: WSJ

Fri, 10 May 2013 15:00:04 +1000

Activist investor Carl Icahn and Southeastern Asset Management Inc, two of Dell Inc's largest shareholders, have proposed an alternative to a $24.4 billion buyout deal led by founder Michael Dell, the Wall Street Journal reported.

Insider-trading trial of SAC Capital's Steinberg to start November 18

Sat, 04 May 2013 06:35:14 +1000

A federal judge has set November 18 for the start of the criminal trial of Michael Steinberg, the most senior employee of Steven A. Cohen's hedge fund SAC Capital Advisors to be indicted for insider trading.

U.S. ex-fund manager sentenced to prison for insider trading

Fri, 03 May 2013 07:42:01 +1000

Former Diamondback Capital Management portfolio manager Todd Newman was sentenced to 4-1/2 years in prison on Thursday for insider trading in the stock of Dell Inc and Nvidia Corp

Ex-fund manager sentenced to prison for insider trading

Fri, 03 May 2013 04:14:03 +1000

Former Diamondback Capital Management portfolio manager Todd Newman was sentenced to 4-1/2 years in prison on Thursday for insider trading in the stock of Dell Inc and Nvidia Corp

Level Global in $21.5 million SEC insider trading settlement

Tue, 30 Apr 2013 06:49:02 +1000

Level Global Investors LP agreed to pay $21.5 million to settle U.S. Securities and Exchange Commission civil charges that its co-founder and an analyst engaged in insider trading, in a case that caused the demise of the hedge fund firm.

Dell investors may still gain after Blackstone pullout: Barron's

Mon, 29 Apr 2013 03:00:06 +1000

Dell shareholders could still stand to profit even after Blackstone Group LP withdrew its bid to buy the world's No. 3 personal computer maker more than a week ago, Barron's said on Sunday.

Apple’s Macbook Pro 13 Tops List of 10 Best Performing Windows Laptops

Fri, 26 Apr 2013 08:51:28 +1000

If Microsoft's Surface Pro is the expert's choice of best Windows tablet, what is the device's counterpart among laptops? Techies unanimously picked Apple's MacBook Pro as the best performing Windows laptop.

Little Smugness as Credit Suisse Q1 Profit Climbs

Thu, 25 Apr 2013 13:14:34 +1000

That little smugness must have appeared as Credit Suisse Group AG, which happens to be the Switzerland's second biggest bank, informed that its quarterly earnings topped analysts' projections. The bank is slowly levering itself on feet after facing many challenges, including restructuring, debt, etc.

Oakmark says sold Dell shares, following Blackstone lead

Thu, 25 Apr 2013 07:21:01 +1000

A top Oakmark Funds portfolio manager said Wednesday that several of the funds sold their shares in Dell Inc after private equity firm Blackstone Group LP ended its pursuit of the computer maker.

Blackstone Pulls Out of Race for Dell Acquisition

Wed, 24 Apr 2013 09:42:52 +1000

While the game is getting harder, Blackstone Group is rumored to have pulled out of a race for a Dell acquisition. Certainly, the good news on the matter has cheered up the remaining participants of the aggressive and ruthless bidding for iconic Dell Inc.