Elizabeth Arden, Inc. (NASDAQ:RDEN) said its board is exploring strategic alternatives as the beauty-products company reported a wider fiscal third-quarter loss. The company said that it has enlisted Goldman Sachs & Co to help its board look for potential strategic alternatives to enhance shareholder value, while also adding that it is implementing a broad restructuring and cost-savings program focused on reducing overhead structure and improving gross margins. Elizabeth Arden, Inc. (NASDAQ:RDEN) stock performance was 1.89% in last session and finished the day at $35.63. Traded volume was 283,424 shares in the last session and the average volume of the stock remained 295.80K shares. The beta of the stock remained 1.23. Elizabeth Arden, Inc. (NASDAQ:RDEN) insider ownership is 4.20%.

Harwood Feffer LLP is investigating potential claims against the board of directors of Pinnacle Foods Inc (NYSE:PF) concerning the proposed acquisition of the Company by Hillshire Brands Co. (“Hillshire”). Under the terms of the transaction, Hillshire will acquire Pinnacle Foods for approximately $4.3 billion. Pinnacle Foods shareholders will receive $18 in cash and half of one Hillshire common share per share of Pinnacle Foods owned. Pinnacle Foods Inc (NYSE:PF) rose 13.20% to $34.47 yesterday on volume of 24,085,188 shares. The intra-day range of the stock was $34.10 – 35.67. Pinnacle Foods Inc (NYSE:PF) has a market capitalization of $4.04 billion.

AT&T Inc. (NYSE:T)’s discussions to buy DirecTV are progressing and a deal could happen within two weeks, according to a report in The Wall Street Journal. The newspaper, citing people familiar with the matter, reported that AT&T would use a combination of cash and stock to acquire the satellite TV Company. A takeover of DirecTV would cost about $50 billion; the unnamed sources told the newspaper. DirecTV’s market value was nearly $45 billion on Monday. DirecTV would maintain its management team as a unit of AT&T, Bloomberg reported, citing unnamed sources. DirecTV Chief Executive Officer Mike White plans to retire after 2015, the sources said. AT&T Inc. (NYSE:T)’s stock on May 12, 2014 reported a increase 0.36% to the closing price of $36.57. Its fifty two weeks range is $31.74 – 37.83. The total market capitalization recorded $189.98 billion. The overall volume in the last trading session was 23,854,626 shares. In its share capital, AT&T Inc. (NYSE:T) has 5.19 billion outstanding shares.

International Business Machines Corp. (NYSE:IBM) has announced ‘IBM ExperienceOne,’ a portfolio of cloud-based and on premise solutions to help users provide deeper customer engagements by combining marketing, sales and services capabilities. Announced at the IBM Smarter Commerce Global Summit here, IBM ExperienceOne draws on innovation from IBM research as well as more than $3 billion invested in organic development and acquisitions such as Sterling Commerce, Tealeaf, Coremetrics, Unica, DemandTec, Xtify and most recently Silverpop, a provider of cloud-based personalized marketing solutions. On Friday, shares of International Business Machines Corp. (NYSE:IBM) advanced 1.31% to close the day at $192.57. Company return on investment (ROI) is 26.40% and its monthly performance is recorded as -1.02%. International Business Machines Corp. (NYSE:IBM) quarterly revenue growth is 9.35%.