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U.S. Day Ahead: D-Day for Michael Dell

Wednesday, July 17, 2013 - 03:06

July 17 - It's Decision Day for Dell Shareholders who are scheduled to vote on Michael Dell's $24.4 Bln buyout offer. Early word is the founder may not succeed in his plan to take his computer firm private.

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Here's what you need to know fourth Thursday in at number three will see if Morgan Stanley follows in the profitable but that's of its baking rivals. Going -- earnings a lot of investors bought the volatility in the bond market was going to make it tough quarter from Morgan Stanley. But our border reporters say in fact it's been a pretty strong quarter for currency and commodities trading. So it's likely Morgan Stanley will reap the benefits Morgan Stanley is expected to report 43 cents a share compared with 29 cents a share last year. Also black rock reports Q2 earnings which analysts expect to rise from one year ago helped -- flows to its iShares ET at feet. Next earnings from Google and Microsoft after the bell. Despite all that's hotter about maps music and deals Google is still all about the ad market. Google's core ad growth will be in focus analysts expect -- advertising will continue to drive revenues. -- other efforts such as it's Motorola phone business and a rumored video game console will also be in the spotlight. Google shares have hit all time high in recent months analysts expect the company to report and EPS of ten dollars and seventeen cents. Up from the year ago. Microsoft is expected to report slightly higher fourth quarter profit. Despite a less than stellar response sports windows eight its office suite apps such as word and excel. Stay strong on the other hand weak demand for its surface tablet forced the company to cut its price down by almost half. -- you this RBC upped its price target to 37 dollars from 31 dollars. Rating at sector perform the stock is up 31% so far this year. You're top story dealt special shareholder -- after months of public drama on what the right price is for the computer maker. Founder Michael Dell faces shareholders they are expected to vote on Dell's 24 point four billion dollar buyout offer with private equity firms still relate. It may be closed 20% of shareholders are against Michael -- buyout offer saying it undervalues the company. Billionaire investor Carl Icahn who has nearly 9% stake in Dell. The rival offer of his -- he recently sweetened his bid by adding -- that he says will make it worth fifteen dollars and fifty cents to eighteen dollars a share. Topping Michael Dell's offer of thirteen dollars and 65 cents. If Michael Dell when I -- will go home with a profit of ten point seven million dollars. And I Conn wins he'll have a troubled PC maker on his pants. All the takeover chatter has driven up the stock 21% so far this year. They had isn't complete without a Ben Bernanke mention he testified Thursday on the hill at 10:30 AM before the senate banking committee. You can watch that life here. Follow us on Twitter at writers and tighter and get more of our video that Reuters dot com staff writers TV I'm pretty -- And later.

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U.S. Day Ahead: D-Day for Michael Dell

Wednesday, July 17, 2013 - 03:06