Icahn signs confidentiality agreement with Dell
BY: Associated Press Billionaire investor Carl Icahn, who is fighting Dell Inc. founder Michael Dell’s plan to take the struggling company private, has entered a confidentiality agreement that would give him access to the computer maker’s financial records. Michael Dell, who is also Dell’s CEO, is planning a $24.4 billion buyout that would make the Round Rock, Texas, [...] |
Dell buying Quest Software for $2.36 billion
BY: Associated Press ROUND ROCK, Texas — In a move to branch out beyond the weakening personal computer business, Dell said Monday that it’s buying Quest Software for about $2.36 billion. Dell said Quest would make it more competitive in the server, storage, networking and computing services business. Quest helps companies manage databases and provides other corporate IT [...] |
Dell eyes more than $2B in cuts over 3 years
BY: Associated Press NEW YORK — Computer maker Dell Inc. is planning to trim its expenses by more than $2 billion during the next three years as it tries into move into the more lucrative fields of technology. Dell outlined its cost-cutting plans Wednesday, the day after the company committed to paying the first quarterly dividend in its [...] |
Manufacturers betting tablets will take off
BY: Associated Press LAS VEGAS — Big tablets and small tablets, white ones and black ones. Cheap ones and expensive ones. Brand names famous and obscure at the starting line of a race where the iPad is already a speeding dot near the horizon. It’s impossible to walk the floor at this year’s International Consumer Electronics Show without [...] |
Stocks drift as economy worries outweigh deal news
BY: Associated Press NEW YORK — Stocks drifted lower Monday as a fresh round of corporate dealmaking was tempered by skepticism about the strength of the economy. Stocks got an early lift after a spate of new deals were announced, but the gains faded quickly. The Dow Jones industrial average rose 14 points in afternoon trading. Broader indexes [...] |




