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Now Blackstone Group reportedly has dropped out of the race to acquire -- paving the way.
For company founder Michael Dell and investment firms silver lake partners to buy out the PC maker.
Sources tell the Wall Street Journal Blackstone cited falling PC sales and concerns.
About declines in Dell's operating income as factors in that decision.
Blackstone had offered to buy most of Dell's outstanding stock at fourteen dollars 25 cents a share Dell CEO Michael Dell.
And silver -- have proposed take the company private.
For thirteen dollars 65 cents a share but some -- shareholders felt that price was too low.
Billionaire investor Carl Icahn also has proposed buying a controlling stake in the companies will continue to watch that one for you in the meantime let's take a look at markets.
We've got futures trading this morning to -- upside Dow futures are up 88 yes -- up about eleven the nasdaq's up eighteen.
In Europe attempting to rebound from five consecutive sessions of losses markets are also trading in -- now we've got London up 35.
Paris is up almost forty points Frankfurt is up 32.
We're getting charities in now from Schlumberger oilfield services companies reporting an adjusted profit of one dollar one cent a share beating the estimate for 99 cents.
Revenue there was a -- that came at ten point 67 billion dollars.
Just below the estimate there.
A revenue came -- at five point 23 billion dollars.
We'll take a look at those numbers for you in the meantime.
We're getting -- -- from Baker Hughes the all of those services companies reporting.
And adjusted profit there's 65 cents a share vs 62 cents revenue of five point 23 billion dollars on revenue.
A five point 18 billion that was the expectation.
And will wrap up the week with a very busy earnings -- General Electric is expected to report a profit.
A 35 cents a share on revenue of 34 point five billion dollars.
Analysts estimate Honeywell's earnings will come in at one dollar fourteen cents a share on nine point four billion dollars in revenue.
And McDonald is expected to report a profit of one dollar 27 cents a share on revenue of six point five billion dollars.
We will have those reports and so many more as those numbers crops throughout the day.
Now -- closer.
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