The Zacks Analyst Blog Highlights: Dell, Blackstone Group, Apple, IBM and Cisco Systems PR Newswire CHICAGO, March 27, 2013 CHICAGO, March 27, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Dell Inc. (Nasdaq:DELL), Blackstone Group (NYSE:BX), Apple Inc. (Nasdaq:AAPL),IBM (NYSE:IBM) and Cisco Systems (Nasdaq:CSCO). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513 Here are highlights from Tuesday's Analyst Blog: Dell Keeps Getting Lots of Attention A special committee formed by Dell Inc. (Nasdaq:DELL) recently announced that a "go shop" period has been awarded due to the merger agreement between Dell and entities owned by Michael Dell. Two proposals were submitted to the special committee, one by fund manager Blackstone Group (NYSE:BX) and the other by entities of activist investor Carl Icahn. The shares of Dell responded positively and have moved up. The Special committee comprises four independent directors. After detailed discussions with independent financial and legal advisors, the committee concluded that both proposals had the credibility to result in deals in accordance with the terms of the existing merger agreement. Michael Dell's $24.4 billion takeover bid is now in jeopardy because of the higher prices being offered by the prominent investors. Billionaire Carl Icahn is ready to form an alliance with Blackstone Group LP in order to take control of this leading computer maker away from its founder. Icahn has reached a conclusion after completing its discussion with Blackstone, after the bids have come from the other parties in the deal, to put some amount on the table from Michael Dell and private equity firm Silver Lake Partners LP. This new joint bid offers much more return to the shareholders. The new bids are far better for shareholders compared to the offer made previously. The inclusion of the third party has been approved and materialized by the special committee. The success of the company's go-shop process has yielded two alternative proposals, which have the potential to create additional value for Dell's shareholders. Although privatization might have helped Dell move away from public scrutiny, the go-shop period has raised new problems for founder Michael Dell. It now appears that privatization could take some time because of the interest generated by outside parties. This apart, the ever-increasing competition from companies such as Lenovo, Asustek, Apple Inc. (Nasdaq:AAPL),IBM (NYSE:IBM) and Cisco Systems (Nasdaq:CSCO) has restricted Dell's growth prospects. These players are growing at a faster rate than Dell, even in the emerging markets. We are also concerned about the conservative tech spending, continued weakness in the PC market in 2013, declining revenues and competition from its peers. Currently, Dell has a Zacks Rank #3 (Hold) Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515. About Zacks Equity Research Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons. 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The Zacks Analyst Blog Highlights: Dell, Blackstone Group, Apple, IBM and Cisco Systems
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