Orlando, FL -- (SBWIRE) -- 08/15/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On: Dell Inc. (NASDAQ:DELL), Yahoo! Inc. (NASDAQ:YHOO).
Dell Inc. (NASDAQ:DELL) shares gained 0.07% to $13.73 in the pre-market hour. The company is moving the release of its quarterly results forward by nearly one week "in light of the heightened interest in the company," company spokesman David Frink told Reuters on August 15. The computer maker will publish second quarter numbers after the market closes instead of Aug. 20, the article states.
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Dell Inc and Chief Executive Michael Dell on August 2 clinched a new $25 billion deal, boosting the bid and offering a special dividend in hopes of ending months of wrangling with opponents of the founder's proposed buyout of the world's No. 3 PC maker. The new agreement includes a special dividend of 13 cents per share on top of a 10-cent increase in the sale price to $13.75 per share.
Yahoo! Inc.(NASDAQ:YHOO) shares fell 0.86% to $27.81 in the pre-market hour. Yahoo Japan Corp. on August 12 said it hired Ryu Hirayama, a former banker at Goldman Sachs Group Inc. (GS) in Tokyo. Hirayama, who was vice president of investment banking at Goldman Sachs, joined Yahoo Japan on Aug. 1, and the company hasn’t decided on his position, said Junji Miyahara, a spokesman for Yahoo Japan.
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Additionally, the company on July 22 announced that it has entered into an agreement to repurchase 40 million shares of Yahoo! common stock beneficially owned by Third Point LLC ("Third Point"), at a purchase price of $29.11 per share. The purchase price equals the closing price of Yahoo! common stock on July 19, 2013.
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