23 result(s) displayed (1 - 23 of 23):
Dell Inc.'s (NASDAQ:DELL) stock price is taking a beating after Thursday's third-quarter earnings -- down about 9% in late afternoon trading Friday. The PC maker reported revenue of $12.9 billion, up 1% from the previous quarter and down 15% from a year earlier. Profits plummeted 54%. This Tech Trader Daily...
Posted on November 20, 2009 4:00 PM
When we learned early Thursday that the Department of Justice was investigating IBM Corp. (NYSE:IBM) for monopolistic behavior in the mainframe market, our first thought was: What if Platform Solutions Inc. had held on a little longer? (The Deal Pipeline subscribers can get details of the DOJ investigation here.)Until IBM...
Posted on October 8, 2009 4:25 PM
In case you haven't heard -- or seen trumpeted on our home page or in the magazine -- 2009 marks The Deal LLC's 10th year. We've been celebrating since January with our ongoing Decade of The Deal project. And the current issue of The Deal magazine offers analysis on the...
Posted on September 15, 2009 2:38 PM
A major bankruptcy, distress, consolidation: Some people would wonder how much opportunity there is in the enterprise communications business, where all this is going on. But not Mohamad Ali, who on July 15, after more than 13 years at IBM Corp. (NYSE:IBM), began a new job as senior vice president...
Posted on July 20, 2009 5:33 PM
An appeals court on Thursday ruled that former IBM Corp. (NYSE:IBM) corporate development chief David Johnson doesn't have to limit his duties at his new employer Dell Inc. (NASDAQ:DELL) while IBM's suit against Johnson is litigated. Johnson left IBM in May to head up strategy for Dell, a move that...
Posted on July 6, 2009 5:02 PM
Midafternoon Friday we told you that U.S. District Judge Stephen Robinson had ruled that David Johnson, IBM Corp.'s (NYSE:IBM) former vice president for corporate development, can work at rival Dell Inc. (NASDAQ:DELL) during IBM's suit against him. IBM is suing Johnson, arguing his move to Dell violates a noncompete agreement,...
Posted on June 30, 2009 8:31 AM
An IBM Corp. (NYSE:IBM) spokesman told Bloomberg Tuesday that the company earlier this month named Elias Mendoza to succeed David Johnson, the company's vice president of corporate development. Johnson left in May to take a similar job at Dell Inc. (NASDAQ:DELL) and is currently being sued by IBM for violating...
Posted on June 24, 2009 11:35 AM
Dell Inc. (NASDAQ:DELL) isn't letting a legal battle between its new dealmaker David Johnson and his former employer IBM Corp. (NYSE:IBM) slow its plans for an aggressive expansion. The No. 2 PC maker has previously indicated it has $9 billion in cash on hand and is looking to do deals. Now, citing...
Posted on June 11, 2009 10:28 AM
I spent an interesting Thursday morning at the Conference Board's annual post-merger integration meeting in New York, speaking on a panel and hearing a couple of good presentations by Clayton Deutsch, who led the conference for sponsor McKinsey & Co., and Moni Miyashita, who leads the M&A integration operation at...
Posted on May 29, 2009 2:44 PM
How likely is it that IBM Corp. (NYSE:IBM) can block -- or at least delay -- its former vice president of corporate development from decamping to rival Dell Inc. (NASDAQ:DELL)? As we reported on Wednesday, IBM has sued its longtime dealmaker David Johnson claiming the noncompete agreement he signed in...
Posted on May 29, 2009 9:40 AM
IBM Corp. (NYSE:IBM) is suing its long-time vice president of corporate development, David Johnson, over his decision to jump to rival Dell Inc. (NASDAQ:DELL). Through a lawsuit filed in the U.S. District Court of Southern New York, the information technology giant is hoping to block Johnson's move based on a...
Posted on May 27, 2009 5:49 PM
Whither Sun Microsystems Inc. (NASDAQ:JAVA)? As of Tuesday, Sun's board was going to meet for the first time since IBM Corp. (NYSE:IBM) reportedly broke off talks to acquire the company, according to Mercury News. But regardless of whether this particular deal gets back on track, it seems safe to predict...
Posted on April 8, 2009 1:30 PM
Talks about IBM Corp. (NYSE:IBM) acquiring Sun Microsystems Inc. (NASDAQ:JAVA) reportedly continue. Neither company has confirmed the discussions, but observers are nevertheless speculating about how a deal might affect suppliers and competitors.Adding Sun's server business would give IBM, already the biggest maker of server computers, almost half the global server...
Posted on March 27, 2009 9:27 AM
We call it a recession, a downturn, or maybe (God forbid) a depression. All these words connote business grinding to a halt. But one big effect of our current economic mess is actually to speed up some trends that were already under way.That's one way of looking at the two...
Posted on March 26, 2009 12:04 PM
Steven Hoffman, CEO of ThinkFire Services USA Ltd., the intellectual property advisory and transactions firm, recently came by our offices. In this edition of Inside The Deal, he brings us up to date on how his field is faring. ThinkFire is one of a handful of firms in the vanguard...
Posted on March 20, 2009 5:08 PM
On an otherwise gloomy day for the stock market, IBM Corp. on Tuesday reported a 12% rise in profit. The major contributor according to a Bloomberg piece was the software unit, the only one of the company's divisions to report an increase in sales.As Corporate Dealmaker readers know, acquisitions --...
Posted on January 20, 2009 4:49 PM
This is a period when all kinds of things are getting marked to market -- not just complex securities but also reputations, assumptions and maybe even some inexorable trends that no longer look so inexorable. The last item on the list is occasioned by the news Thursday morning that IBM...
Posted on January 15, 2009 12:20 PM
An ill-advised acquisition attempt has hammered the shares of Indian IT outsourcer Satyam Computer Services Ltd., leading to the resignation of four directors -- and possibly sets up a contest to buy into the company that feels very 2006. According to The Economic Times, both private equity firms and the...
Posted on December 30, 2008 4:02 PM
Sales of corporate bonds are off by nearly a third on the year, no surprise in the midst of a severe credit crunch. But a big exception, according to a Bloomberg article, is issuance by tech companies. Though they are having to pay up for the funds, tech companies are...
Posted on December 3, 2008 12:45 PM
You might think news of a bellwether company doing what it's supposed to do would reassure panicky investors. Not these days.Information technology behemoth IBM Corp. released preliminary results on Wednesday night, reporting net income of $2.8 billion for the third quarter, an increase of 20% from the previous period. Among...
Posted on October 9, 2008 4:05 PM
Here's a guess about something that happened as General Electric Co. moved to put its appliance unit on the block, as reported earlier Thursday: The unit's top tier of executives, including the marketing and sales folks, probably got some kind of incentive deal to help promote a successful sale.Not that...
Posted on May 15, 2008 12:19 PM
A glimpse behind the curtain at the Oracle deal process as SVP for corporate development Doug Kehring describes the company's M&A life cycle.
Posted on April 11, 2008 4:54 PM
One of the most interesting sessions for corporate attendees at next week's ACG InterGrowth in Orlando, Fla., is likely to be a Thursday morning presentation by Oracle Corp. execs, including Doug Kehring Sr., vp of corporate development and strategic...
Posted on April 4, 2008 11:49 AM
Movable Type search results powered by Fast Search