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Sep 9, 2013

Investors bullish ahead of Apple iPhone launch

SAN FRANCISCO/CHICAGO (Reuters) – Investors are hoping that Apple Inc will unleash some of its old magic when it takes the wraps off its latest iPhone on Tuesday, with many building bullish share and options positions.

In the past two weeks, Apple investors have bought almost twice the number of call options than puts on three major U.S. option exchanges.

Sep 9, 2013

Icahn ends battle for control of Dell; vote due on Thursday

By Nicola Leske and Poornima Gupta

(Reuters) – Carl Icahn on Monday ended his months-long effort to block Michael Dell’s $25 billion offer to take Dell Inc private, smoothing the way for the largest buyout since the financial crisis.

The activist investor, the company’s second-largest shareholder, said he would no longer try to head off the deal, and that a war with the billionaire founder and the company’s board “would be almost impossible to win.”

Sep 9, 2013
Sep 9, 2013
Sep 8, 2013

Smartphones try fashion makeovers to stand out from pack

SAN FRANCISCO, Sept 8 (Reuters) – Bright colors, funky
textures and personalization are coming to a smartphone near you
as mobile phone makers turn to fashion to buoy sales in a
crowded market.

Apple Inc and Google Inc’s Motorola are
among those trying to score style points as game-changing
technological innovation becomes harder to achieve in the
maturing business.

Sep 5, 2013
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    • About Poornima

      "Poornima Gupta writes about technology out of San Francisco, covering consumer and enterprise device makers Apple, HP and Dell. She previously spent five years in Detroit covering the crisis-ridden U.S. automotive sector that resulted in two of the biggest bankruptcy filings in the industrial world. She won a SABEW award for reporting on the failed merger between GM and Chrysler, and their negotiations with the federal government."
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