Dell shareholders to face takeover offer

May 31, 2013
Dell shareholders to face takeover offer

The board at Dell said that a takeover offer would be acting in best interest of company’s shareholders. Dell’s founder and CEO Michael Dell has offered $13.65 per share to take the company private, according to filings with the Securities and Exchange Commission on Friday. The offer has been facing […]

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US stock index futures fall before important data

May 31, 2013
US stock index futures fall before important data

US stock indexes are supposed to fall today as futures pointing to a decline. The S&P 500 Index would most likely stop its seven month grow as investors await US data on consumer confidence and business activity. S&P 500 futures fell by 0.5% as Dow Jones Industrial Average followed by […]

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Samsung picks Intel for its Galaxy tablet

May 31, 2013
Samsung picks Intel for its Galaxy tablet

Samsung electronics have selected Intel processors to power the new version of its Galaxy tablet. The Android based product is one of the top sellers for the company and this is exactly what Intel needed to fuel its 23.7% year to date climb. Samsung has chosen Intel’s Clover Trail mobile […]

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US tech sector turns green

May 31, 2013
US tech sector turns green

The US tech sector was raising share prices yesterday as the demand was increasing. Investors have noticed the unconvincing US data earlier yesterday which gave no reason for the Fed to cut back on stimulus. Therefore, the road is clear for analysts to make predictions. EMC Corp. shares climbed 5.4% […]

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TUI plans on buying 60 Boeing airplanes in a huge deal

May 31, 2013
TUI plans on buying 60 Boeing airplanes in a huge deal

TUI Travel Plc stated it plans to buy 60 Boeing 737 MAX aircraft and will consider the purchase of another 90 planes as the company is looking for high fuel efficiency. The travel company owns six European airlines said the order of that proportion should be discussed with shareholders till […]

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UK cuts result in hunger

May 31, 2013
UK cuts result in hunger

In an attempt to boost the economy and take it back to the favorable levels UK government is forced to make spending cuts. The unemployment of 7.8% has been a reason for more than 500 000 people to be going hungry as food becomes more expensive, jobless claims rise. Max […]

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Tesla promises LA to NY trips

May 31, 2013
Tesla promises LA to NY trips

Tesla Motors is working for tripling their supercharger stations by the end of the next month. That would give Tesla’s customers a possibility to use the electric sports car from LA to NY. Musk noted that current expansion of stations would give customers more freedom which is a basic goal […]

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UK stocks slowed down their advance

May 30, 2013
UK stocks slowed down their advance

The UK stocks reduced their gains after the report of US economy growing slower than expected in the first quarter. Rio Tinto Group, the metal and mining corporation and Glencore Xstrata Plc each advanced more than 1%. Lloyds Banking Group Plc and HSBC Holdings Plc both advanced by 1.62% and […]

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US stock futures remain high after slightly negative data

May 30, 2013
US stock futures remain high after slightly negative data

The index stock futures remained higher after government data showed the economy grew less than estimates and job claims also raising more than forecasts. Futures on S&P 500 added 0.4% to 1653.7 . GDP of US raised by 2.4% disappointing expectations of 2.5% increase. Job claims climbed by 14 000 […]

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UK Competition Commission presses on Ryanair

May 30, 2013
UK Competition Commission presses on Ryanair

The UK Competition Commission said Ryanair Holdings PLC should reduce its 29.8% stake in the Irish airline company Air Lingus because it is a harm of competition as both companies operate same routes from UK to Ireland. Ryanair is a low cost airline company – a preferable choice for passengers […]

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