Deals
U.S. Stocks Rebound on Earnings as Dell Agrees to Buyout
This article is for subscribers only.
U.S. stocks advanced, rebounding from the biggest loss of the year for benchmark indexes, as earnings topped forecasts and Dell Inc. agreed to be taken private in the largest leveraged buyout since the financial crisis.
All 10 groups in the Standard & Poor’s 500 Index climbed at least 0.1 percent. Dell added 1.1 percent after Chief Executive Officer Michael Dell and Silver Lake Management LLC agreed to buy the personal-computer maker. Computer Sciences Corp. jumped