Dell founders group boosts offer to buy Dell Inc
A Dell founder led group raised its offer for Dell to take the company private amid shareholder vote pressure. The 10 cent per share hike comes with a new condition tying approval to votes cast, excluding non voters, as Dell delays the meeting to August 2.
MENTIONED IN THIS ARTICLE
Dell
New York
Michael Dell
Silver Lake Partners
Round Rock
Silver Lake
Dell Inc
Carl Icahn
Southeastern Asset Management
EU to cap card interchange fees to cut consumer costs
The European Union plans to cap debit card fees at 0.2 percent and credit card fees at 0.3 percent, potentially saving retailers up to 6 billion euros annually and lowering prices for consumers. Mastercard Visa oppose, EU officials defend, market reform urged by EuroCommerce.
MENTIONED IN THIS ARTICLE
Berlin
European Union
European Commission
EU Competition
Joaquin Almunia
Brussels
European Parliament
Mastercard Inc
Visa
Michel Barnier
Mastercard
Europe
EuroCommerce
Christian Verschueren
PepsiCo beats estimates and defends portfolio stance
PepsiCo reported higher quarterly profit driven by a strong mixed portfolio including Gatorade Tropicana Quaker and Frito-Lay as price increases lift Americas food revenue while beverage sales lag. CEO Indra Nooyi cited improved productivity and discussed reducing soda calories with natural sweeteners amid weather challenges and investor pressure to spin off drinks or merge with Mondelez.
MENTIONED IN THIS ARTICLE
New York
PepsiCo Inc
Americas
Europe
Asia
Middle East
Africa
North America
U.S
Indra Nooyi
Nelson Peltz
PepsiCo
Mondelez
Peltz
Purchase
N.Y
Coca-Cola Co
Coca-Cola
Coca- Cola
CNBC
Hugh Johnston
Johnston
Securities and Exchange Commission
BlackRock
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Ry Spsi
Seattle Mariners
Hisashi Iwakuma
Pepsi
Texas Rangers
Seattle
London
Handy & Harman
Handy & Gore
NEW York Mercantile S
NY Harbor
Ae Pia
Feo
Chicago
Chicago Board of Trade
Markket
ESC
BkofAm
Broadcom
Fordm
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Siriusxm
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Organovo
Delline
AMD
Alldnevg
ZhoneTchh
Vmware
ImmunoCil
TOP Ships
Frontline
CT Ptrs
NwstBiowt
Dirdgidb
WalterEn
NeoStars
GlobTcAdy
DxGidBiirs
Entravisa
SareptaTh
PacBkMg
Zoltek
Hatterasf
Sandstag
AskanoGg
Polycom
Dow Jones Industrials
Dow Jones Transportation
Dow Jones Utilities
NYSE
S&p
Wilshire
Russell
At&t Inc
Merck
Microsoft
OneokPirs
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EngyTstr
Texinst
TimeWar
TriCentl Je
VerizonCm
WalMart
HollyFront
WellsFargo
XcelEngy
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