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Dell Technologies Inc (DVMT.N)

DVMT.N on New York Stock Exchange

105.69USD
14 Nov 2018
Change (% chg)

$4.12 (+4.06%)
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$101.57
Open
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Volume
877,658
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356,892
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$106.04
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Latest Key Developments (Source: Significant Developments)

Dell Technologies Says Will Be Filing A Response To Carl Icahn Later On Nov. 1
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES SAYS WILL BE FILING A RESPONSE TO CARL ICAHN LATER ON NOV. 1 - SPOKESMAN.DELL TECHNOLOGIES SAYS TRANSACTION REMAINS SUBJECT TO SHAREHOLDER VOTE ON DEC 11 - SPOKESMAN.  Full Article

Silver Lake Says SLP V Expected To Buy $1 Bln Class B Common Stock Of Dell From SLP III
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Dell Technologies Inc ::SILVER LAKE - GOT APPROVAL TO TRANSFER PORTION OF INTEREST HELD IN 2007 VINTAGE FUND IN PART TO SILVER NEW FUND, IN PART TO NEW INVESTMENT VEHICLE.SILVER LAKE - DEAL INTENDED TO GIVE IT, AFFILIATED FUNDS FLEXIBILITY TO HOLD THEIR SHARES OF COMMON STOCK OF DELL TECHNOLOGIES INC FOR LONG-TERM.SILVER LAKE - SLP V, ITS NEWEST "LARGE-SCALE" INVESTMENT FUND ADVISED BY SILVER LAKE IS NOT CURRENTLY AN INVESTOR IN DELL.SILVER LAKE SAYS FOLLOWING CLOSE OF PROPOSED CLASS V DEAL, SLP V EXPECTED TO PURCHASE $1 BILLION OF CLASS B COMMON STOCK OF DELL FROM SLP III - SEC FILING.SILVER LAKE - SHARES OF CLASS B DELL STOCK OWNED BY SLP III THAT AREN'T SOLD TO SLP V EXPECTED TO BE ROLLED OVER INTO SPECIAL PURPOSE INVESTMENT FUND.SILVER LAKE - SILVER LAKE PARTNERS IV, L.P., AFFILIATED EMPLOYEE CO-INVESTMENT VEHICLE WILL CONTINUE TO HOLD ALL OF ITS EXISTING INTEREST IN DELL.SILVER LAKE - SLP III SCHEDULED TO EXPIRE IN 2019.  Full Article

Dell To Interview Banks For IPO In Lieu Of Tracking-Stock Acquisition- WSJ
Sunday, 23 Sep 2018 

Sept 23 (Reuters) - :DELL TO INTERVIEW BANKS FOR IPO IN LIEU OF TRACKING-STOCK ACQUISITION- WSJ, CITING SOURCES.DELL TECHNOLOGIES HAS POSTPONED BY ABOUT A WEEK A ROADSHOW TO SELL THE TAKEOVER DEAL THAT WAS TO BEGIN THIS WEEK- WSJ, CITING SOURCES.  Full Article

Dell Technologies FY 2019 Q2 Rev Of $22.9 Bln, Up 18 Pct From Prior Period
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES REPORTS FISCAL YEAR 2019 SECOND QUARTER FINANCIAL RESULTS.SEES FY 2019 REVENUE $90.5 BILLION TO $92 BILLION.QTRLY NON-GAAP REVENUE WAS $23.1 BILLION, UP 16 PERCENT FROM PRIOR PERIOD.QTRLY REVENUE WAS $22.9 BILLION, UP 18 PERCENT FROM PRIOR PERIOD.QTRLY EARNINGS PER SHARE ATTRIBUTABLE TO DELL TECHNOLOGIES INC - CLASS V COMMON STOCK - DILUTED $1.58.ENDED SECOND QUARTER WITH A CASH AND INVESTMENTS BALANCE OF $21.5 BILLION.QTRLY LOSS PER SHARE ATTRIBUTABLE TO DELL TECHNOLOGIES INC - DHI GROUP - $1.45.VMWARE REVENUE FOR THE SECOND QUARTER WAS $2.2 BILLION, UP 11 PERCENT.SEES 2019 NON-GAAP NET INCOME TO BE BETWEEN $4.9 BILLION AND $5.3 BILLION.SEES 2019 NON-GAAP OPERATING INCOME TO BE BETWEEN $8.4 BILLION AND $8.8 BILLION.  Full Article

Vmware Says On August 23, Dell Technologies Provided Approval Of Unit To Deal Between Co, Cloudhealth Technologies
Monday, 27 Aug 2018 

Aug 27 (Reuters) - Dell Technologies Inc ::VMWARE SAYS ON AUGUST 23, DELL TECHNOLOGIES PROVIDED APPROVAL OF UNIT TO DEAL BETWEEN CO, CLOUDHEALTH TECHNOLOGIES .  Full Article

Dell Technologies To Exchange Class V Tracking Stock For Equity/Cash Election Option
Monday, 2 Jul 2018 

July 2 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES CONCLUDES STRATEGIC REVIEW AND REACHES AGREEMENT TO EXCHANGE CLASS V TRACKING STOCK FOR EQUITY OR CASH ELECTION OPTION.QUARTERLY REVENUE $21.4 BILLION.CLASS V STOCKHOLDERS WILL HAVE OPTION TO ELECT $109 IN CASH CONSIDERATION PER CLASS V SHARE, UP TO $9 BILLION IN AGGREGATE.VMWARE'S BOARD OF DIRECTORS HAS VOTED TO DECLARE AN $11 BILLION CASH DIVIDEND PRO RATA TO ALL VMWARE STOCKHOLDERS.$109 IN DEAL VALUE PER SHARE IMPLIES A TOTAL MARKET CAPITALIZATION OF $21.7 BILLION FOR CLASS V STOCKHOLDERS.PRO FORMA FOR TRANSACTION, DVMT STOCKHOLDERS WILL OWN 20.8%-31.0% OF DELL TECHNOLOGIES, DEPENDING ON CASH ELECTION AMOUNTS.DELL TECHNOLOGIES' SHARE OF CASH DIVIDEND PRO RATA WILL BE APPROXIMATELY $9 BILLION.SPECIAL COMMITTEE OF DELL INDEPENDENT DIRECTORS RECOMMENDS TRANSACTION FOLLOWING EXTENSIVE INDEPENDENT REVIEW.VMWARE MAINTAINS INDEPENDENCE AS A SEPARATE PUBLICLY TRADED COMPANY WHILE CO TO CONTINUE TO OWN 81% OF VMWARE COMMON STOCK.INTENDS TO USE DIVIDEND PROCEEDS TO FINANCE CASH CONSIDERATION PAID TO CLASS V STOCKHOLDERS.DELL TECHNOLOGIES -TO OFFER NEW CLASS OF PUBLICLY-LISTED COMMON STOCK AFTER PROPOSED EXCHANGE OF DELL TECHNOLOGIES CLASS V TRACKING STOCK FOR CLASS C COMMON STOCK.DELL TECHNOLOGIES - SHARES OF CLASS V TRACKING STOCK OF HOLDERS WHO DO NOT OPT TO RECEIVE CASH WILL BE CONVERTED INTO CLASS C COMMON STOCK.  Full Article

Dell Has Started Talking To Holders Of Its VMware Tracking Stock To Gauge Interest In Merger With VMware - CNBC
Friday, 18 May 2018 

May 18 (Reuters) - :DELL HAS STARTED TALKING TO HOLDERS OF ITS VMWARE TRACKING STOCK TO GAUGE INTEREST IN A MERGER WITH VMWARE - CNBC, CITING SOURCES.DELL REMAINS BULLISH ON VMWARE'S FUTURE, WANTS TO OWN AS MUCH OF THE STOCK AS POSSIBLE - CNBC, CITING SOURCES.  Full Article

Dell Technologies Reports Fiscal Year 2018 Third Quarter Financial Results
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Dell Technologies Inc ::DELL TECHNOLOGIES REPORTS FISCAL YEAR 2018 THIRD QUARTER FINANCIAL RESULTS.Q3 REVENUE $19.9 BILLION.- QTRLY NET LOSS FROM CONTINUING OPERATIONS $941 MILLION.  Full Article

Dell Technologies ‍to invest $1 bln in Iot R&D over next 3 years​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Dell technologies inc ::Dell Technologies says ‍to invest $1 billion in IOT research and development over next three years​.Company's new IOT division will be led by VMWare CTO Ray o'Farrell​.  Full Article

Open Text says proposed public offering of common shares
Monday, 12 Dec 2016 

Open Text Corp : Open Text Corp - expects to fund balance of purchase price and pay related fees and expenses with net proceeds from debt financing and cash on hand . Open Text Corp - has launched an underwritten public offering of u.s. $500 million of common shares . Barclays, Citigroup and RBC Capital Markets are acting as joint book-running managers for offering . Open Text - intends to use net proceeds from offering to finance a portion of purchase price for acquisition of Dell EMC's enterprise content division .Open Text announces proposed public offering of common shares.  Full Article

SPECIAL REPORT-How ZTE helps Venezuela create China-style social control

Caracas, Nov 14 In April 2008, former Venezuelan President Hugo Chavez dispatched Justice Ministry officials to visit counterparts in the Chinese technology hub of Shenzhen. Their mission, according to a member of the Venezuela delegation, was to learn the workings of China's national identity card program.