Dell Profit Dives as PC Sales Slide
Dell reported a 79 percent slide in profit in the first quarter as personal computer sales continued to shrink.
carl icahn
Carl Icahn Gives Himself the Nod for Directorship of Dell
Billionaire Carl Icahn has nominated himself and a slate of 11 others as directors at Dell. Icahn is leading an effort to block chairman Michael Dell from taking Dell private.
Michael Dell's Takeover Plan Challenged Yet Again
Dell's largest independent shareholder has teamed with activist investor Carl Icahn in another challenge to founder Michael Dell's $24.4 billion bid to take company private.
Embattled Herbalife Has Another Healthy Quarter
The nutrition and weight loss supplement company is at the center of a massive fight between several very rich investors. But Herbalife continues to churn out great results.
Herbalife Auditor KPMG Resigns After Insider Trading
KPMG resigned as the auditor of Herbalife after one of its senior partners engaged in insider trading in Herbalife stock, the nutritional products company said on Tuesday.
CBS Seeks Stake in TV Guide Network
A bidding war for Dell has broken out, pitting founder Michael Dell's plan against offers by Carl Icahn and Blackstone group. And CBS looks to buy half of TV Guide Network.
Michael Dell Faces Competition in Taking Company Private
Dell's board has determined that the bids from buyout specialist Blackstone and Icahn could be superior to a proposal from CEO Michael Dell and Silver Lake Partners.
Might Former HP CEO Mark Hurd End Up Running Dell?
Michael Dell's attempt to gain more control over his namesake computer company appears to be turning into a financial tug-of-war.
5 Best and Worst Moves in Business This Week
From a new Taco Bell menu item sure to soar, to a short-sighted activist taking aim at the Dell deal, here's a rundown of this week's best and worst moves in the business world.
Investors, Rivals Complicate Dell's Going Private
Several potential bidders may be preparing offers to counter the effort by Dell founder Michael Dell to take the company private, from shareholder Southeastern Asset Management to rival computer maker Hewlett-Packard to famed investor Carl Icahn.
Icahn Buys Big Stake in Herbalife, Heats Up Feud With Ackman
A clash between Wall Street titans is flaring again Friday after Carl Icahn grabbed a 13 percent stake in Herbalife, a supplement company that Pershing Square Capital Management's William Ackman shorted heavily and publicly, calling it a massive pyramid scheme.
Billionaire Bad Boys Get Into a Schoolyard Smackdown on CNBC
Carl Icahn and Bill Ackman, two of the country's richest men, have been engaged in a long-time rumble, most recently over diet pill maker Herbalife. But on Friday, the conflict heated up when Icahn unloaded on Ackman on national TV.
Endangered Executives 2013: Whose Jobs Will Survive the Year?
CEOs of struggling companies managed to avoid the axe and will head into 2013 with their jobs intact... for now. We decided to take stock of a few of these endangered executives to assess which ones will get through 2013 in one piece.
Wall Street Watch: Icahn Streams Into Netflix, Buys a 10% Stake
Carl Icahn is making a move on Netflix. The infamous activist investor and corporate raider has taken a nearly 10% stake in the DVD rental and video streaming giant, which means he must see a way to make a profit on its recent troubles. So does Icahn have a buyer in mind?
Will Yang's Yahoo Departure Appease Angry Investors?
Yahoo's embattled co-founder Jerry Yang is off the board, but for disgruntled investor Third Point LLC, that's not good enough. The hedge fund with a 5.2% stake in Yahoo wants to take down Chairman Roy Bostock and potentially three other directors.