Archive for August 16th, 2013:

Judge Refuses to Fast-Track Icahn’s Claim Against Dell

Date: Aug 16 2013
Filed under: Company News, Dell, Mergers & Acquisitions, Computer Industry, Scandals and LawsuitsJustin Sullivan/Getty ImagesDell founder and CEO Michael Dell By RANDALL CHASE WILMINGTON, Del. -- A Delaware judge Friday dealt a blow to activist investor Carl Icahn's effort to stop CEO ...Read More »

Closing Bell: Stocks End Volatile Session Lower on Weak Retail Earnings

Date: Aug 16 2013
Filed under: Earnings, Market News, Consumer Goods, Stocks, EconomyRichard Drew/AP Retail stocks helped push U.S. stock markets lower again Friday, a day after the biggest one-day drop in nearly two months, as evidence mounted showing consumers are becoming more cautious. Blue ...Read More »

Winners and Losers: AMC and Yum Score Hits, Ellison and Dell Foul Out

Date: Aug 16 2013
Filed under: Dell, Apple, Facebook, Earnings, Computer Industry, Entertainment Industry, Restaurants, Wall Street WatchAlamyLarry Ellison Companies and the people who run them often try to be brilliant, but there are times when things don't work out quite as planned. From a ...Read More »

AOL lays off about 500 at Patch local news unit

Date: Aug 16 2013
About 500 to be laid off at AOL's Patch division, as 150 local news sites are closed http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/Ppdp0BfRclo/ Read More »

Merrill may merge fully into Bank of America

Date: Aug 16 2013
BofA may assume Merrill's debt, but analysts say it's likely to keep using Merill's name. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/aCNYOqAhxr0/ Read More »

Stocks: Dow notches its worst week of the year

Date: Aug 16 2013
The major stock indexes struggled to rebound from Thursday's steep declines, but alas. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/vthjFkY_H5s/ Read More »