Showing posts with the label DealBook P.M. Edition July 26

DealBook P.M. Edition July 26, 2013: Week in Review: A Crippling Blow Follows Outsize Profits

Friday, July 26, 2013 TOP STORY Week in Review: A Crippling Blow Follows Outsize Profits Fund indicted; called magnet for cheating. | Wall Street's exposure to hacking laid bare. | Trader and S.E.C. lawyer spar over e-mail. | A legal bane of Wall Street switches sides. A look back on our reporting of the past week's highs and lows in finance. Mergers & Acquisitions Activision to Buy Back $8.2 Billion in Shares The world's biggest video game publisher reached a deal to separate from Vivendi and become an independent company. DEALBOOK » Dell Founder Raises Takeover Bid, With Conditions Michael S. Dell offered a small increase in price in exchange for a more certain shareholder vote. DEALBOOK » Hedge Funds Deal Professor: Yahoo's Share Buyback Is Legal, but Timing Is Suspect Daniel Loeb's exit from Yahoo raises the question of whether he was out to create true value or merely stir the pot.