2. -- The economic calendar in the U.S. Monday is bare.
3. -- U.S. stocks on Friday rallied as investors bet that European officials would find a solution to rescue banks in Cyprus. The S&P 500 jumped 0.72% to 1,556.89. The index dropped 0.24% for the five-day trading period, it's firstly weekly drop in four weeks. The Nasdaq closed up 0.7% to 3,245. The tech-heavy index dipped 0.13% for the week. The Dow Jones Industrial Average rose 0.63% to 14,512.03. The blue-chip index lost 0.01% for the week.
4. -- Dell ( DELL) plans to negotiate with Blackstone Group ( BX) and Carl Icahn over new acquisition bids the No. 3 PC maker received. Dell said a special committee of its board determined the two separate bids could be superior to a proposal from founder Michael Dell and Silver Lake Partners to buy the company for $13.65 a share. Icahn has offered $15 a share for 58% of Dell, while Blackstone has proposed paying more than $14.25 a share. Michael Dell and the Silver Lake group had agreed to buy all of Dell for $13.65 a share.
5. -- Apple ( AAPL) acquired WiFiSlam, a Silicon Valley start-up that makes indoor mapping applications for mobile devices. Apple paid about $20 million for WiFiSlam, according to reports.
6. -- Vodafone ( VOD), the U.K. mobile phone giant, reportedly has been in talks with Verizon Communications ( VZ) over a sale of Vodafone's 45% stake in Verizon Wireless. Vodafone's stake in Verizon Wireless is valued at about $115 billion. London's Sunday Times said Vodafone could sell the unit, with a deal being struck as soon as the summer.
8. -- Boeing ( BA) said Friday to plans lay off about 800 workers this year. The cuts will come mostly from the 747 and 787 jet programs in Everett, Wash.
9. -- Dollar General ( DG), the discount retailer, posted fourth-quarter earnings of $317.4 million, or 97 cents a share, on sales of $4.21 billion, up 0.5% from a year earlier. Analysts were expecting fourth-quarter profit of 90 cents a share on revenue of $4.26 billion.
10. -- Florida Gulf Coast beat San Diego State, 81-71, on Sunday night to become the first No. 15 seed to advance to the regional semifinals in NCAA tournament history .
-- Written by Joseph Woelfel >To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: firstname.lastname@example.org.