Severe winter storms in the first month of the year cost U.S.-based airlines as much as $150 million in lost revenue and extra expenses after they canceled about as many flights as the past three Januaries combined, industry data tracker masFlight said.
Delta Air Lines Inc. led shares of U.S. carriers higher after posting fourth-quarter profit that topped analysts’ estimates and forecasting an operating margin of as much as 8 percent in this year’s initial three months.
When Ken Duberstein’s secretary told him Michael Dell was on the phone on the afternoon of July 31, there was little doubt about the topic. That morning, Dell Inc.’s special board committee had rejected the latest offer from Dell to take the personal-computer company private, a battle that was dragging into its 11th month.
Former Neuberger Berman analyst Sandeep “Sandy” Goyal told a Manhattan federal jury that he fed inside information about Dell Inc. to former Diamondback Capital Management LLC analyst Jesse Tortora from 2007 to 2009 after Tortora paid him $175,000 in “consulting” fees.
John Desmarais , a former top earner at the 1,500-lawyer firm Kirkland & Ellis , spent more than 15 years representing some of the world’s largest patent owners. Now he’s one of them, and he’s gearing up to slay the kinds of companies he once defended.
T. Rowe Price Group Inc. and more than 100 other Dell Inc. shareholders who control a combined 47.5 million shares spurned the company’s buyout offer to seek a potentially higher payout through the Delaware court system.
When Michael Dell took his company public in 1988, the personal-computer maker’s biggest competitors were International Business Machines Corp., Compaq Computer Corp. and Gateway 2000. The headstrong founder was later quoted joking that his daughter’s first words were to “kill IBM” and his other rivals.