SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Wednesday’s session are Dell Inc., eBay Inc., and Yahoo Inc.
After Tuesday’s closing bell, Dell
said it plans to buy back more than $2 billion in stock during the current fiscal year on top of the $1.6 billion it has repurchased so far. The computer company is scheduled to host an analyst meeting on Wednesday.
has eliminated a supermajority voting requirement in the company’s bylaws, allowing shareholders to approve future amendments to the bylaws with a simple majority of eBay’s outstanding shares.
is spinning off a company focused on the open-source Hadoop software that the Internet firm and other cloud-computing firms use to process large amounts of data. Yahoo said that it is forming Hortonworks in tandem with Benchmark Capital to further develop Apache Hadoop.
hiked its quarterly dividend to 30.5 cents a share. The dividend will be paid Aug. 1 to shareholders of record on July 11.
reported a fiscal second-quarter loss of $377,000 versus a profit of $849,000 a year ago. Revenue rose 10.6% to $321 million.
On Wednesday, General Mills
is projected to report that it earned 52 cents a share in the fourth quarter, according to a consensus survey by FactSet Research.
is forecast to report earnings of $1.10 a share in the third quarter.
Family Dollar Stores Inc.
is likely to post third-quarter earnings of 95 cents a share.
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