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Carl Icahn Doubles Down On Dell Technologies: 'One Of The Best Opportunities I Have Ever Seen'
Monday, October 15, 2018 - 3:25pm | 606Activist investor Carl Icahn said Monday in an open letter that his investment firm Icahn Enterprises LP (NASDAQ: IEP) now owns an 8.3-percent stake in Dell Technologies Inc (NASDAQ: DVMT), the tracking stock of VMware and Dell. Icahn is against Dell's proposed $21.7-billion — or $92...
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Dell Returns To The Public Markets With Stock Conversion Funded By VMware Dividend
Monday, July 2, 2018 - 10:23am | 392Monday’s a good day for just about any investor with a Dell connection. What Happened Dell Technologies Inc (NYSE: DVMT) announced Monday that a committee representing Class V common stockholders approved the conversion of their tracking shares into Class C common stock or cash. The new Class...
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The Dell, Dell Technologies And VMWare Family Tree
Friday, February 2, 2018 - 1:23pm | 976Dell confirmed in a Friday SEC filing that it's considering a reverse merger with VMware, Inc. (NYSE: VMW) or an IPO. The first reports of the talks sent shares of VMware into a tailspin Monday. VMware stock shed 16.46 percent to $125.05 and was trading at $125.70 at the time of...
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Benzinga's Insider Buys Of The Week: Dell Technologies, Salesforce, And More
Sunday, January 14, 2018 - 11:55am | 617Insider buying can be an encouraging signal for potential investors. Insiders at a couple of tech companies made notable purchases of shares last week. Insider buys at one company coincided with lowered guidance. Conventional wisdom says that insiders and 10 percent owners really only...
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Michael Dell's Relationship With Shareholders: It's Complicated
Sunday, August 6, 2017 - 3:43pm | 779When it comes to relationships, it doesn’t get more complicated than the one between Dell Technologies Inc (NYSE: DVMT) founder and CEO Michael Dell and the company’s shareholders. With more than $61 billion in 2016 revenue, Dell remains one of the largest technology companies in the...
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Personal Finance App Clarity Money, An $11-Million Funding Round And Your Financial Health
Friday, March 24, 2017 - 11:03am | 531Clarity Money, a personal finance app that helps users save, invest and track finances, announced Thursday it raised an incremental $11 million Series B funding on top of the $3.5 million it raised eight months back. New Money Infusion The new round of financing has come three months after the...
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A CEO Who's Who Of Trump's Manufacturing Council
Friday, January 27, 2017 - 5:36pm | 2282A group of more than two dozen CEOs have been tapped by President Donald Trump to create recommendations to grow the American manufacturing sector. The group convenes at a time when Trump is pledging to cut corporate taxes, slash regulations and also heavily tax companies that outsource...
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The Top 15 Billionaires To Follow On Twitter
Friday, December 26, 2014 - 2:35pm | 1355In the past, transparency between billionaires and the average-Joe was considerably cloudier than today. Twitter has changed that. So, who are the best billionaires to follow on the platform? That's up to the individual user. But here's 15 to keep an eye on. 1) Carl Icahn (...
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Hewlett-Packard CEO Meg Whitman Refutes Michael Dell's Theory
Wednesday, November 26, 2014 - 3:29pm | 352Michael Dell recently wrote an op-ed for The Wall Street Journal in which he suggested that companies that go for a split do so at the cost of innovation. Though advice from competitors is the last thing a company considers before taking a decision, it might be worth to know what Hewlett-Packard...
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11 CEOs Who Also Founded Their Companies
Thursday, March 20, 2014 - 3:42pm | 1641It's one thing to start a company; it's a completely different experience trying to make sure your “baby” not only thrives but succeeds. There are many stories of company founders who stayed on as CEOs, for better or worse – facing not only cutthroat competition but the challenges of trying to...
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Dell's Road To Becoming A Private Company With Michael Dell
Wednesday, November 20, 2013 - 12:08pm | 402Michael Dell, founder, chairman and CEO of computer giant Dell, appeared on CNBC's Squawk Box Wednesday morning to talk through Dell's private company status, while offering answers on whether or not shareholder Carl Icahn was truly invested in the company for the long-term. “They were just...
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Dell Q2 EPS Slightly Tops Estimates
Thursday, August 15, 2013 - 4:47pm | 330Dell's (NASDAQ: DELL) fiscal 2014 second quarter results turned out to be slightly better than analysts had anticipated. The company reported an EPS of $0.25 versus an estimate of $0.24. While this may be a penny higher than Wall Street expected, it is 50 percent lower than the company's EPS...
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Southeastern Sells Over Half Of Its Dell Shares To Icahn To Fight Dell
Monday, August 12, 2013 - 3:51pm | 415In a letter to investors disclosed Monday, Southeastern Asset Management disclosed that it had sold over half of its shares of Dell (NASDAQ: DELL) to Carl Icahn (NYSE: IEP) in an attempt to bolster Icahn's war chest and prevent the takeover offer from CEO Michael Dell and Silver Lake Partners from...
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Icahn Enterprises To Now Release Material Information On Twitter
Monday, August 12, 2013 - 12:49pm | 420Icahn Enterprises (NYSE: IEP), the investment firm controlled by Carl Icahn announced that they will use the official twitter of Carl Icahn to release "material, non-public information." His twitter handle is @Carl_C_Icahn. New Positions And Investment Ideas On Twitter In an SEC...
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Dole CEO and Chairman Announces $13.50 Buyout Offer (DOLE)
Monday, August 12, 2013 - 9:42am | 461It was announced during Monday’s premarket that Dole (NYSE: DOLE) will be acquired for $13.50 a share. This is a 5.4 percent premium to Friday’s close of $12.81. The company’s chairman and CEO, David Murdock, originally offered to buy the company for $12.00 per share on June 10th, when the...