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A Dell computer logo is seen on a laptop at Best Buy in Phoenix, Arizona

Dell’s Buyout Led By Silver Lake Near: Report

Silver Lake Partners and four major banls are in “an advanced stage” to finance a $19 billion leveraged buyout of Dell (NASDAQ: DELL), Reuters reported.
Traders work on the floor of the New York Stock Exchange

US Stock Thurs. Futures Point Higher

The U.S. stock index futures signal a higher open Thursday ahead of the Department of Labor's weekly jobless claims data.
William Ackman, Hedge fund manager and the founder of Pershing Square Capital

Herbalife Branded A Pyramid Scheme By Hedge Fund Manager Bill Ackman

Herbalife, which sells weight management and skincare products, is being denounced as a pyramid scheme by Bill Ackman, a hedge fund manager. Ackman claims Herbalife’s goal is not to sell products but getting individuals duped into selling business opportunities to their friends who, in turn, sell it to their friends.

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