This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Stocks to Watch: Dell, BlackBerry, Dollar General

NEW YORK -- A special committee of Dell's (DELL - Get Report) board is evaluating separate takeover bids for the world's No. 3 PC maker from Blackstone Group (BX) and Carl Icahn, according to reports over the weekend.

Founder Michael Dell and a group of investors, including private-equity firm Silver Lake, announced a $24.4 billion bid for the PC maker in February. Friday marked the end of a 45-day period that Dell's board set to allow for offers that might top that deal to take the company private.

Icahn has offered $15 a share for 58% of Dell, while Blackstone has proposed paying more than $14.25 a share, a source told Reuters. Michael Dell and the Silver Lake group had agreed to buy all of Dell for $13.65 a share.

Dell could make an announcement as soon as Monday about whether the rival offers might lead to a superior bid, the source told Reuters.


BlackBerry (BBRY - Get Report) shares fell 7.7% to $14.91 on Friday, the day the company launched the BlackBerry Z10 smartphone in the U.S.

Raymond James analyst Tavis McCourt said despite BlackBerry seeing some positive data on initial demand for the BlackBerry 10 platform, competition is increasing, and fast, from rivals Samsung, Apple (AAPL), HTC and Nokia (NOK).

Apple Jumps, BlackBerry Bends: Tech Winners & Losers


Dollar General (DG - Get Report), the discount retailer, is expected by analysts Monday to report fourth-quarter profit of 90 cents a share on revenue of $4.26 billion.


Apollo Group (APOL - Get Report), the for-profit education company, is forecast by Wall Street to post on Monday fiscal second-quarter earnings of 18 cents a share on revenue of $822.8 million.

5 Stocks Ready to Break Out


Sonic (SONC - Get Report), the drive-in restaurant chain, is expected to post fiscal second-quarter earnings of 5 cents a share on revenue of $112.7 million.


-- Written by Joseph Woelfel



>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
DELL $0.00 0.00%
APOL $28.14 0.21%
BBRY $10.84 -1.14%
DG $71.95 0.42%
SONC $33.72 -0.41%

Markets

DOW 18,096.90 -106.47 -0.58%
S&P 500 2,098.53 -9.25 -0.44%
NASDAQ 4,967.1410 -12.76 -0.26%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs