U.S. stock futures are moving higher on strength in the financial sector. Volume is light for the second consecutive day, however, with markets awaiting testimony from the chairman of the U.S. Federal Reserve
With Dell?s shareholders voting on whether they should take the Michael Dell and Silver Lake $24.4 billion deal for the PC maker, the battle for Dell remains too close to call..
Bloomberg reported that Dell Inc may delay by about a week a scheduled July 18 shareholder vote on a $24.4 billion buyout offer from founder Michael Dell and private equity firm Silver Lake. Citing a person with knowledge of the situation, Bloomberg said Dell's special board committee was considering the delay and would likely make a decision by the morning of July 18 based on whether enough votes have been cast to block the buyout.