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Shares of

Freescale Semiconductor


were among technology's winners Monday, jumping 18% after the chipmaker confirmed that it is in discussions for a "possible business transaction."


New York Times

reported Monday that the Austin, Texas, company is in talks to be acquired by a consortium of private equity firms for more than $16 billion. According to the news report, Texas Pacific Group, Blackstone Group and Permira are among the firms interested in buying the company. The Times report also said that Kohlberg Kravis Roberts and Silver Lake Partners are part of another group interested in buying the company. Freescale said that there can be no assurances that any deal will be reached.

"To protect the interests of its stockholders, employees and customers, Freescale said that it will not comment further on these discussions unless and until it is appropriate to do so," the company said. Shares were trading up $5.54 to $36.29.


(DELL) - Get Dell Technologies Inc Class C Report

fell 2% after the personal computer maker delayed its quarterly filing with the

Securities and Exchange Commission

. The company said it is unable to make the second-quarter filing on time because of questions surrounding an SEC informal probe into accounting and financial reporting matters and a subsequent investigation launched by the company's audit committee. The investigations, the company said, have turned up the possibility of misstatements in prior financial reports.

"We have not yet reached any conclusion on materiality as to these issues," Dell said. In response to these developments, the company has suspended its ongoing share buyback plan and postponed an analyst meeting that was scheduled for Wednesday. Shares were trading down 49 cents to $21.16.

Shares of

Commonwealth Telephone

TheStreet Recommends


rose 4% after the provider of telephone services said it hired a financial adviser to help it review strategic opportunities. Commonwealth said that no decision has been made for a deal and that there is no assurance that any transaction will occur. Shares were trading up $1.30 to $36.90.

C&D Technologies


rose modestly after the maker of power storage and conversion systems posted a narrower-than-expected second-quarter loss. For the period ended July 31, the company reported a loss of $3.6 million, or 14 cents a share, on revenue of $132.4 million. The results included $1.1 million in costs associated with the closure of one of its facilities. Analysts polled by Thomson First Call expected a loss of 17 cents a share. A year earlier, the company reported a profit of $1.1 million, or 4 cents a share, on revenue of $123.1 million. Shares rose 2 cents to $7.99.

Other technology movers Monday included


(MSFT) - Get Microsoft Corporation (MSFT) Report

, up 28 cents to $25.88;


(INTC) - Get Intel Corporation (INTC) Report

, down 23 cents to $19.22;



, down 2 cents to $2.06;


(ORCL) - Get Oracle Corporation Report

, up 13 cents to $16.04;

Sirius Satellite Radio

(SIRI) - Get Sirius XM Holdings, Inc. Report

, down 5 cents to $3.88;

Cisco Systems

(CSCO) - Get Cisco Systems, Inc. Report

, down 15 cents to $21.60;

Lucent Technologies


, up 2 cents to $2.27; and

Apple Computer

(AAPL) - Get Apple Inc. (AAPL) Report

, down 76 cents to $71.76.