4 Tech Stock Stories for Investors to Download
Dell (NASDAQ:DELL): Closing price $12.29
Knowledgeable sources say that Dell is in buyout discussions with private-equity firms, and the subject is the possibility of taking the personal-computer maker private, after it lost nearly one third of its value in 2012. Talks are going on with a minimum of two firms, say the sources, who add that the discussions are preliminary and could collapse because firms may not be able to obtain the financing, or resolve how to leave the investment in the future. A number of large banks have been contacted regarding the provision of funds; Dell had a market value of $18.9 billion as of Friday.
Facebook (NASDAQ:FB): Current price $30.95
On Monday, Deutsche Bank has upgraded Facebook from Hold to Buy with a price target of $40, raised from $24. DB explained that the company has more revenue momentum than any other that it covers, heading into the new year, and that Mobile Newsfeed Ads are the game-changer, and the acceleration is much faster than was anticipated. The analyst predicted that ad revenue in 2013 should grow by 40 percent, which is well above estimates.
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Microsoft Corporation (NASDAQ:MSFT): Closing price $26.89
Apparently, the intro of Windows 8 had no important effect on PC shipments in the fourth quarter, as analysts reported that some PC suppliers offered lackluster form factors in their Windows 8 offerings, and missed the excitement of touch.
Baidu (NASDAQ:BIDU): Closing price $112.64
The Chinese search engine company Baidu is collaborating with France Telecom (NYSE:FTE) in the development of a mobile browser designed for customers in Africa and the Middle East, a region that both firms have prioritized for growth. This accord marks the first global move as such for Baidu, and the intention is to push for the adoption of the mobile internet in emerging markets by allowing browsing to be simpler and also more affordable. The new browser, which is available in English and Arabic at first, was introduced on Android smartphones by France Telecom’s Egyptian operator Mobinil on Monday.
Don’t Miss: Dell’s Got a Happy Buyout Buzz.