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Press Releases

Santelli: Eye on Dell bond deal

CNBC's Rick Santelli discusses bond prices and yields, after reports of an increased Dell bond deal.


Faber Report: Dell's debt deal

CNBC's David Faber reports that Dell is seeking roughly $40 billion to fund EMC purchase.


T Rowe Price loses lawsuit over 2013 Dell buyout

WILMINGTON, Del, May 12- T. Rowe Price Group Inc cannot sue computer maker Dell Inc for a higher price in the 2013 buyout by its founder because the fund company voted, albeit mistakenly, in favor of the deal, a Delaware judge has ruled. After Michael Dell and private equity firm Silver Lake took the computer maker private, hundreds of shareholders unhappy with the...

Source: Reuters

UPDATE 1-Chesapeake says swapped debt for 4 pct of equity over past week

The company's shares were up 4 percent at $4.54 in premarket trading following news of the privately negotiated deals. Chesapeake, whose debt stands at about $9 billion, said it issued or agreed to issue about 28.1 million shares between May 5 and May 11 in exchange for senior notes worth about $153 million. Chief Financial Officer Nick Dell' Osso said on May 5 that...

Source: Reuters

UPDATE 2-Dell SecureWorks, 2016's first tech IPO, fizzles on Wall St

April 22- SecureWorks Corp's lackluster debut on Friday hardly registered as a victory for the battered technology IPO market, as the cyber unit of Dell Inc raised less than the company had sought in its public offering and saw its stock price dip. SecureWorks shares opened at $13.89 on Friday, below the $14 per-share price set Thursday. Hope for a popping...

Source: Reuters

UPDATE 1-Dell SecureWorks fizzles with investors in 2016's first tech IPO

April 22 (Reuters)- Shares of Dell Inc's cyber unit SecureWorks Corp were little changed in their debut on Friday after an initial public offering raised less than the company had sought amid concerns about the outlook for technology stocks. SecureWorks shares opened at $13.89 on Friday, rising as high as $14.58 after trading at a low of $13.40 on the Nasdaq.

Source: Reuters

Dell's spinoff, SecureWorks, now open for trading: CEO

SecureWorks CEO Michael Cote discusses his company's IPO at the Nasdaq.


Dell's cyber security arm SecureWorks down 4.3 pct in debut

April 22- Shares of Dell Inc's cyber security unit SecureWorks Corp fell as much as 4.3 percent in their debut on Friday, valuing the company at a little over $1 billion. SecureWorks's initial public offering, the first by a technology company in the United States this year, was priced at $14, below its indicated range of $15.50- $17.50. SecureWorks shares opened at...

Source: Reuters

The positive case for Ireland's economy

Aongus Hegarty, president of Europe, Middle East and Africa at Dell, says Ireland is in a healthy situation as an open, exporting economy.


EMC advances despite weak quarter; Dell deal on track

Shares of data storage firm EMC gained nearly 3 percent despite reporting weaker-than-expected earnings.