Dell, Compellent: Premarket Trading

(Premarket story updated with Dell, Compellent news and share price changes)
NEW YORK (TheStreet) -- Dell (DELL) says it has a deal for Compellent (CML) after it bumped up its bid by 25 cents per share for the Eden Prairie, Minn.-based data storage outfit.

Dell stock has inched down 0.9% to $13.77 in premarket trading, while Compellent ( CML) has slipped 2.4% to $28.01.


Thermo Fisher Scientific ( TMO) offered to buy Dionex ( DNEX) for $118.50 a share in cash, or about $2.1 billion.

The offer represents a 21% premium to Dionex's closing stock price on Dec. 10, the last trading day prior to the offer announcement and a 32% premium to Dionex's average closing stock price over the last 60 trading days.

Shares of Thermo Fisher Scientific rose 2.8% to $54.50 in early trading while Dionex surged 19.9% to $117.75.


Shares of Israeli software and programming services provider Ness Technologies ( NSTC ) soared by 19.6% to $5.50 in premarket trading as Bloomberg reports that four investment funds are bidding to buy the company for around $300 million.


General Electric ( GE)offered to buy the U.K.'s Wellstream Holdings, a maker of pipeline products for oil and gas transportation, for 800 million pounds ($1.3 billion).

Shares of GE rose 0.7% to $17.84 in premarket trading Monday.


Great Atlantic & Pacific Tea ( GAP), the grocery chain better known as A&P, filed for Chapter 11 bankruptcy protection on Sunday.

There were no premarket quotes Monday for A&P. Shares of the company plunged 67.1% to 93 cents at Friday's closing bell.


JDS Uniphase ( JDSU ) rose 4.9% to $14.08 after being upgraded to overweight from neutral by Piper Jaffray.


Huntington Bancshares ( HBAN) was down 4.1% to $6.56 as it announces a $920 million public offering of its common stock, plans for a $300 million subordinated debt offering, and plans to repurchase $1.4 billion of Troubled Asset Relief Program capital.


BroadSoft ( BSFT ) shares were lower by 3.7% to $24.05 in premarket trading as Bloomberg reports that Broadsoft holders are increasing share sales to 4.8 million shares from 4.5 million shares.

>>Search for Highest Dividends by Rate or Yield
More on Earnings
Today's Top Earnings
Earnings Calendar

-- Written by Andrea Tse in New York.

>To contact the writer of this article, click here: Andrea Tse.

>To follow the writer on Twitter, go to Andrea Tse.

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

RELATED STORIES:




Copyright 2010 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

More from Stocks

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Market Can't Handle the Wild Ride: Cramer's 'Mad Money' Recap (Thursday 5/24/18)

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Replay: Jim Cramer on North Korea, Oil Prices, Apple and Carnival Corporation

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Canopy Growth: First Cannabis Firm on the NYSE Fails to Generate Buzz

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Video: This Startup Connects Buyers and Sellers of Legal Marijuana

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit