With most of the tech industry’s major earnings announcements behind us, it’s a quiet finish to the week. Let’s look at some of the stocks to watch Friday morning:
Dell swings upward. Shares of the personal computer maker are up 3% on reports they could reach a deal on a buyout as soon as Monday.
According to Reuters[1], which cites “two people familiar with the matter,” a consortium led by founder Michael Dell is near a deal to scoop up the tech company and take it private. Dell is worth about $23 billion.
BlackBerry slowly rebounding. After taking a hit following the unveiling of its BlackBerry 10 smartphones, shares of the formerly-named Research in Motion have risen 1.5%.
The touchscreen BlackBerry Z10 and BlackBerry Q10 with traditional design and physical keyboard are expected to launch in the U.S. this spring. AT&T, T-Mobile and Verizon will carry the devices.
Facebook dips. Fresh off a positive earnings report, Facebook stocks is down 3%, hovering around the $30. Overall, shares have climbed steadily since early September, when they were down as low as $17.72.
The company recently announced Facebook Gift Cards, a reusable card tied to several retail outlets including Target, Sephora and Olive Garden. Users can carry several balances at once, and track them on Facebook.
References
- ^ http://tech%20stocks:%20Dell%20on%20the%20move/ (rssfeeds.usatoday.com)
