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U.S. Morning Call: More Dell dissenters emerge before vote

Thursday, July 18, 2013 - 04:02

July 18 - Opposition to Michael Dell's bid to take his computer company private has grown in the last 24 hours, and billionaire Carl Icahn argued Dell had no right to delay a shareholder vote.

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The fight for Dell could be put to rest today but who will emerge victorious. At the top of Thursday's morning call I shareholders gather in Austin, Texas to vote on founder Michael bell and leveraged buyout offer. Seeing. Opponents of the deal have joined Carl Icahn. As of now about 30% of shareholders had either publicly stated your against the deal or have been reported to oppose. It but the need to lane giving Michael Dell to try to win more support. Icahn says he has no rights act and should stick to today's deadline Dell shares up slightly in the premarket. I'd probably -- watching this. It -- -- it might make his nerves. That's stocks up over 60% this year. Yesterday I can't bank rival bill act super. Eight quarter of a billion dollars on that stock at this week. And other activist investor also making news this morning. Outs and help putting pressure on -- need to -- on its international for more than 62. Dollars. And an -- at -- off during business. I hate us as I'd try on management's website. Short of that letter -- -- Pepsi or. House. -- has repeat as it sees no need for a large scale mergers. And maybe -- list. For one Tryon has roughly two point seven billion dollars in both Pepsi and combine. And help and support behind the biggest deals. Of the break up of Kraft Foods and shares are up over 24% this year compared to 13% -- rival Coke. Shares closed at thirty dollars on Wednesday. Caterpillar leading our stocks to watch today shorts -- -- is betting against the companies say it's significant this year. Are the true. According to at a revised outlook for 2013. -- -- -- are expected to declined. 8%. Company reports earnings next week shares of cat fell 2% chance -- off slightly in the premarket. Shares. Down 6% premarket a number of brokerages cut their price target on the stock including JPMorgan. EBay reported solid second quarter earnings yesterday but. John Donahoe warned of weakness in Europe and South Korea for the second half the year. Morgan Stanley out just minutes ago and so the winning streak for banks continues. Met expectations on earnings exceed revenue forecasts according. -- percent rise in profit. Our revenues from tree extinct in commodities up to one point two dollars in the second quarter from 771. Last year. -- 500 million dollar share buyback program. Shares of Morgan Stanley up 30%. Since the start -- the year. Microsoft report after the bell will have more on entry. Stock futures this morning they're pointing to. Day. Markets and another Bernanke. And banking committee. -- lot insider. Easter. Morning column. On Twitter -- inside and it. Would not -- --

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U.S. Morning Call: More Dell dissenters emerge before vote

Thursday, July 18, 2013 - 04:02