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Proposed offer shifts risk of business to buyer group: Dell

Dell Inc on Friday, responding to independent investment fund Southeastern Asset Management, said the proposed buyout deal offers immediate premium for stockholders and shifts the risks facing the business to the buyer group.

NEWSALERT-AFZAL 2

NEWSALERT-AFZAL 2

Google's Schmidt to sell roughly 42% of stake

Google Inc Executive Chairman Eric Schmidt is selling roughly 42 percent of his stake in the Internet search company over the coming year, Google announced on Friday.

Oil hits nine-month high near $119 on strong China imports

Brent oil futures hit a nine-month high near USD 119 a barrel on Friday after data showed strong growth in Chinese oil imports, rounding out four straight weeks of gains for the contract and taking its premium over US crude to more than USD 23.

Wall Street rises, Nasdaq at 12-year closing high

US stocks climbed on Friday, pushing the Nasdaq to a 12-year closing high and the S&P 500 index to a five-year high as stronger trade data lifted optimism.

Japan may release data proving Chinese radar incident: media

JAPAN-CHINA:Japan may release data proving Chinese radar incident: media

Wall Street Ahead: Strong start to 2013 could be tested

The US stock market is no stranger to strong performances in January, only to see the lofty gains early in the year transition into months of grinding action that goes nowhere

Calpers, proxy firm support Apple on preferred stock proposal

APPLE-INVESTORS:Calpers, proxy firm support Apple on preferred stock proposal

Support grows for U.S. "drone court" to review lethal strikes

USA-DRONES:Support grows for U.S. "drone court" to review lethal strikes

Sizzling Snedeker in tie for Pebble Beach lead

GOLF-PGA:Sizzling Snedeker in tie for Pebble Beach lead

Commander's 'Victory or Death' letter finally to return to the Alamo

USA-TEXAS-ALAMO:Commander's 'Victory or Death' letter finally to return to the Alamo

Obama says farewell to defense chief as successor awaits vote

USA-MILITARY-OBAMA:Obama says farewell to defense chief as successor awaits vote

Strong trade data lifts global shares; Nasdaq at 12-yr high

Strong economic data buoyed global equity markets on Friday, lifting the Nasdaq to a 12-year closing high and the S&P 500 to a five-year high, while the yen soared after Japan's finance minister said its recent drop had gone too far, too fast.

Club owners should be allowed to splash cash: Mancini

SOCCER-ENGLAND-FINANCES-MANCINI:Club owners should be allowed to splash cash: Mancini

U.S. appeals judges quiz lawyers on rules for patenting software

PATENT-LAWSUIT-APPEAL:U.S. appeals judges quiz lawyers on rules for patenting software

Einhorn case against Apple rests on rarely used legal tactic

APPLE-GREENLIGHT-LAWSUIT:Einhorn case against Apple rests on rarely used legal tactic

Tailored looks get fresh update on New York fashion runways

FASHION-NEWYORK:Tailored looks get fresh update on New York fashion runways

EXCLUSIVE - Southeastern joined by other Dell investors: source

DELL-SOUTHEASTERN:EXCLUSIVE - Southeastern joined by other Dell investors: source

Assad's forces try to beat back rebels closing on Damascus

SYRIA-CRISIS-DAMASCUS:Assad's forces try to beat back rebels closing on Damascus

Ibrahimovic strikes again as PSG sprint six points clear

SOCCER-FRANCE:Ibrahimovic strikes again as PSG sprint six points clear

NBA - 76ers' Richardson out for season with knee injury

NBA-76ERS-RICHARDSON:NBA - 76ers' Richardson out for season with knee injury

Paintings from Andy Williams' collection could fetch over $30 million

ART-AUCTION-ANDYWILLIAMS:Paintings from Andy Williams' collection could fetch over $30 million

Mali Islamists flee to Sudan's Darfur region

MALI-REBELS-SUDAN:Mali Islamists flee to Sudan's Darfur region

Airbus studies dropping lithium-ion battery for A350: sources

AIRBUS-BATTERIES:Airbus studies dropping lithium-ion battery for A350: sources