11:00 AM New York – AIG announced quarterly dividend of 10 cents a share. Dell lifted its buyout offer. Chevron reported lower net. LinkedIn surged 10% after quarterly sales rose 59%. Viacom soared 6% after cable network operator expanded stock buyback program.
) increased 3% after the insurer estimated net income increased 17% to $2.73 billion and announced quarterly dividend of 10 cents a share.
) declined 2.5% after the second largest energy company reported a decline in earnings.
Dell Inc (DELL
) rose 4.5% after Silver Lake Management LLC and Michael Dell agreed to lift their offer and pay a special dividend of 13 cents a share and offer $13.75 a share.
) soared 10% after the professional networking service on Internet said revenues soared 59% in the second quarter.
Viacom Inc (VIA
) surged 6% after the cable network operator enlarged its stock-buyback program to $20 billion from $10 billion and the company reported lower than expected fiscal third-quarter earnings as expenses rose faster than higher advertising sales.