VENTURE CAPITAL POST

Billionaire investor Carl Icahn and his entities announced cutting their stake by almost half in Hain Celestial Group through stock sale.

Carl Icahn, the activist investor known to take major seats in companies and push for management change, had announced raising his stake in Nuance Communications Inc.

Dell's net income plunged by 72% to USD204 million or 12 US cents per share as the sales of personal computer extended their downward coil.

RBC Capital's analysts raised their price target on Apple Inc from USD475 to USD525 due to buyback chatter and the release of new Apple products.

Apple's stock rose after Carl Icahn expressed his interest in the company amid the release of Apple's new products.

Analysts said supporting an expanded buyback program proposed by Carl Icahn would be short sighted.

Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.

Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.

Nuance Communications recorded its highest price since May after Carl Icahn reportedly increased his stake in the speech recognition software developer.

Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.

A few of Dell shareholders are refraining from voting on the bid presented by founder Michael Dell and private equity partner Silver Lake.

Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.

Carl Icahn contested the conditions in Michael Dell's latest offer to the PC maker Dell Inc.

Michael Dell said yesterday that there will be no more increase in the buyout offer he and Silver Lake has for Dell Inc.

Billionaire investor Carl Icahn said in an interview with Bloomberg TV his planned sweetening of his takeover bid for Dell Inc with an additional warrant offer.