U.S. stocks futures fell on Friday, as investors expressed wariness following Dell's disappointing earnings.
Shares of Dell Inc. fell sharply following the stock market's close on Thursday, after the PC maker reported drastically lower quarterly profit and sales that badly missed Wall Street's forecasts.
Dell said Friday that it's ready to enter the smartphone business with the Android-based Mini 3.
Computer maker Dell announced on Wednesday that it will close a plant in Winston-Salem, N.C., and will cut 905 jobs as a result.
Dell is on its way to making its biggest acquisition ever with its agreement last month to buy IT services provider Perot Systems for $3.9 billion. The move would reduce Dell's reliance on the corporate PC and server business and give it a foothold in the lucrative services business, which is a crucial source of profits for rival Hewlett-Packard. But investors are skeptical.
That Dell is releasing a new laptop for business customers is the opposite of surprising. But the fact that it contains notable features not seen in any other laptops certainly is.
Computer maker Dell will acquire information-technology company Perot Systems for $3.9 billion in cash, as the PC giant looks to expand beyond its core hardware business, the companies said Monday.
At a bare minimum, when you've represented Robert Kennedy, Arthur Ashe, Michael Jordan, and Jimmy Connors, among others, you ought to have some good stories. And Donald Dell doesn't disappointment. A well-known figure in the tennis world for being the sport's first agent, helping to found the ATP Tour and serving as a U.S. Davis Cup captain, Dell, 71, mixes practical advice and war stories in his new book, Never Make the First Offer.
If you've been banging away at work on a computer so long in the tooth you feel like sitting on a saddle rather than on that Aeron chair, the much anticipated PC refresh cycle is looming.
Can we all agree on something? There's no longer a difference between a Netbook and a notebook.
U.S. stocks futures fell on Friday, as investors expressed wariness following Dell's disappointing earnings.
Shares of Dell Inc. fell sharply following the stock market's close on Thursday, after the PC maker reported drastically lower quarterly profit and sales that badly missed Wall Street's forecasts.
Dell said Friday that it's ready to enter the smartphone business with the Android-based Mini 3.
Computer maker Dell announced on Wednesday that it will close a plant in Winston-Salem, N.C., and will cut 905 jobs as a result.
Dell is on its way to making its biggest acquisition ever with its agreement last month to buy IT services provider Perot Systems for $3.9 billion. The move would reduce Dell's reliance on the corporate PC and server business and give it a foothold in the lucrative services business, which is a crucial source of profits for rival Hewlett-Packard. But investors are skeptical.
That Dell is releasing a new laptop for business customers is the opposite of surprising. But the fact that it contains notable features not seen in any other laptops certainly is.
Computer maker Dell will acquire information-technology company Perot Systems for $3.9 billion in cash, as the PC giant looks to expand beyond its core hardware business, the companies said Monday.
At a bare minimum, when you've represented Robert Kennedy, Arthur Ashe, Michael Jordan, and Jimmy Connors, among others, you ought to have some good stories. And Donald Dell doesn't disappointment. A well-known figure in the tennis world for being the sport's first agent, helping to found the ATP Tour and serving as a U.S. Davis Cup captain, Dell, 71, mixes practical advice and war stories in his new book, Never Make the First Offer.
If you've been banging away at work on a computer so long in the tooth you feel like sitting on a saddle rather than on that Aeron chair, the much anticipated PC refresh cycle is looming.
Can we all agree on something? There's no longer a difference between a Netbook and a notebook.
Say hello to your latest personal navigation device: a netbook. Dell plans to introduce a GPS and Wi-Fi card that can be integrated into the company's netbooks to turn them into gizmos that can offer turn-by-turn direction as well as any Garmin or TomTom.
Dell Inc. reported a sharp drop in first-quarter sales and earnings Thursday amid a 34% drop in PC sales.
Even in these tough economic times, tech giant Cisco offers employees some pretty sweet benefits: Employees can visit on-campus doctors and dietitians, drop off dry cleaning, or get an oil change, and now they can pick the kind of computer they want to use at work.
Dell Inc. posted lower fiscal fourth-quarter earnings and sales Thursday, and the computer maker increased its cost-cutting goal to $4 billion from $3 billion in the face of challenging economic conditions.
Dell's earnings are due later on Thursday, and expectations are predictably low. There's the economy, of course, but investors are also still wondering about the company's turnaround efforts.
Four former human-resources managers at Dell Inc. are suing the computer company, accusing it of widespread gender and age discrimination
Stocks slumped Friday at the end of an upbeat August as Dell's earnings miss, a big drop in personal income and worries about the threat of Hurricane Gustav rattled investors ahead of a long weekend.
Computer maker Dell Inc. said Thursday its fiscal second-quarter profit fell 17 percent, hurt in part by lower prices and restructuring charges
Stocks slipped Friday morning as oil prices spiked and a report showed a surprisingly steep drop in personal income, raising worries about a bigger consumer spending slowdown.
Personal computer maker Dell Inc. reported fiscal second-quarter earnings that fell from a year ago and missed Wall Street's expectations while sales in the quarter topped forecasts.
Dell Inc. unveiled four low-cost computer models for China, India and other emerging economies Wednesday in a new bid to tap the potential of high-growth markets outside the United States
The $550 Gateway GT5692 is part a new batch of recently released midrange desktop PCs. This particular configuration has an AMD Phenom X3 8450 triple-core processor, 4GB of memory, HDMI-out, and 64-bit Windows Vista.
As middle-of-the-road as a laptop gets, Dell's Inspiron 1525 is an excellent go-to choice for basic computing, especially if you take the time to configure a system to your needs via Dell's online configurator.
Dell jumped 8% following strong first-quarter results, but analysts aren't entirely convinced that the PC maker's slowdown avoidance act signals a real turnaround.
A slowdown in consumer spending and an ongoing slump in corporate demand didn't hold Dell back in its just-completed first quarter.
Dell Inc. deceived customers in a massive "bait and switch" scheme to increase sales of its computer and electronic products, a New York state judge ruled Tuesday.
Want a sleeper of a holiday small-business tip? Dell is in a whole heap of trouble - which makes this the perfect time to shamelessly move in and take advantage.
Trying to turn Dell around has been like trying to maneuver a huge SUV through a very narrow alley. The company's fiscal fourth quarter earnings performance was another flop, as profits and sales came up slightly short.
Stock futures tumbled early Friday after a huge loss at insurer AIG raised worries about the credit crunch and investors awaited another wave of economic reports.
Shares of Dell dropped in after-hours trading Thursday after the computer maker said its fourth-quarter profit fell 6.5%, due in large part to a number of charges it took during the period.
Michael Dell has not restored the magic to the PC giant.
Dell Inc. will limit online sales of computers using Advanced Micro Devices Inc. chips as part of a routine adjustment of product offerings.
Dell Inc. said earnings grew 27 percent in the third quarter, buoyed by growth in overseas markets like Brazil and by prices falling for memory chips and other components.
Former PC king Dell has looked like a dog for the past two years, thanks to accounting follies, management miscues, and a resurgent Hewlett-Packard. But with founder Michael Dell back as CEO, the company is showing signs of life, making it a good time to pick up the shares.
Dell Inc. announced a deal Monday with China's largest electronics retailer to sell computers in stores throughout the country as the world's second-largest computer maker tries to expand in the booming Chinese market.
Dell Inc. announced a deal Monday to launch a retail presence in China by selling computers through the country's biggest chain of electronics stores as it struggles to capture a bigger share of the booming market.
Dell says its preliminary second-quarter earnings surged 46 percent on rising sales of business products and services. It also benefited from firmer prices and favorable component costs.
Dell Inc., the world's second-largest personal-computer maker, said Thursday its profit rose a higher-than-expected 46 percent as it benefited from lower costs for computer components.
Dell Inc. said Thursday it would restate four years of financial results, reducing net income for the period by as much as $150 million, after a lengthy audit found that top executives sought accounting adjustments to reach quarterly performance goals.
Dell announced Thursday afternoon that a year-long investigation into its accounting practices has ended and the company plans to restate earnings back to 2003.
Software company SAP and personal computer maker Dell are to cooperate in retail hardware and software, they said late Tuesday.
World Water Week is upon us, an annual fete of all things H2O. The event, held in Stockholm, is the leading global meeting place for experts from businesses, governments, science, NGOs, academe and United Nations agencies. This year's event features the launch on Tuesday of a remarkable Global Water Tool, a free online resource to help companies calculate water consumption and efficiency across a portfolio of facilities around the world.
Personal computer maker Dell Inc. said Wednesday it would pay ousted former Chief Executive Kevin Rollins $48.5 million in cash related to expired stock options.
Dell Inc is developing consumer PCs that can run multiple versions of Microsoft Corp's Windows and Linux software at the same time, the personal computer maker's chief technology officer, Kevin Kettler, told Reuters.
Ask Michael Dell what he needs to fix at his company, and the list is long. For one, he says, the company culture could use more cojones.
Dell Inc. has made progress in its turnaround efforts but still has "a long way to go" to spur personal computer sales and regain lost market share, Chief Executive Michael Dell said on Tuesday.
Dell Inc. introduced new notebook computers Tuesday, available in eight different colors with advanced features as it tries to grab a bigger slice of the consumer PC market.
Dell (DELL) ranks no. 34 on FORTUNE's list of America's largest corporations.
Dell Inc. said Thursday that earnings rose 8 percent in preliminary first-quarter results, but the computer maker planned to lay off about 8,000 employees over the next year as part of an ongoing restructuring.
In October 2003, Karl Kamb, then a 40-year-old Hewlett-Packard vice president, made a presentation that persuaded CEO Carly Fiorina to take her company into a new line of business: flat-panel telev...
Say what you will about market leader Dell (and many have), but with its top-shelf XPS line, the company has consistently put out distinctive laptops that feature the most advanced components on the market.
Dell Computers, hit by slowing growth and shake-ups in its executive board, has sent an email to employees that outlines the company's plan for growth, according to a newspaper report Friday.
The limo ride from the Shanghai Four Seasons to Dell's China headquarters should take about half an hour. At the rate Michael Dell is traveling - with a honking police escort and a driver unafraid ...
U.S. stock markets looked set to open higher Friday as personal income and spending numbers came in above expectations.
A surprisingly weak read on new home sales sent stocks tumbling Monday morning, giving investors a reason to back track after last week's big rally.
Stocks slumped Monday morning, giving up an early neutral stance after a surprisingly weak read on new home sales sparked a big selloff.
Dell Inc., the world's second-largest personal computer maker, unveiled a low-cost PC on Wednesday for China, its fastest-growing market.
"Garbage," says the character played by Andie MacDowell in Sex, Lies, and Videotape. "All I've been thinking about all week is garbage. We've got so much of it, you know? I mean, we have to run out...
There was a time when Michael Dell thought consumers didn't care about recycling. That, at least, is what he told shareholder and environmental activists when first they asked him why Dell (the company) would not take back computers that its customers didn't want anymore.
Stocks crept lower early Friday, as investors weighed Dell's profit outlook, AIG's stock buyback plan and a weak dollar at the end of a tough week on Wall Street.
U.S. stocks retreated at the start of trading, with Dell's results and outlook as well as concern about global markets haunting investors.
Disappointing results and outlook from tech bellwether Dell, combined with another selloff in overseas stocks, could knock U.S. stocks for an initial big loss Friday.
Wall Street's tumultous week ends Friday with stocks headed lower - with the tech sector especially vulnerable after Dell's earnings report and outlook.
Dell reported a 33 percent drop in fourth-quarter profits, slightly ahead of expectations. But the No. 2 PC maker's sales figures came in below estimates, and Dell warned that growth and profit margins will remain "under pressure" for the next few quarters.
Big technology stocks have surged since August, outpacing the S&P 500 by an impressive margin. That may have you wondering whether the sector has gotten way ahead of itself and is due for a pullbac...
Stocks rose Thursday, sending the Dow Jones industrial average to a record close, thanks to lower oil prices and some relief about the economic outlook.
Blue chip stocks clung to gains Thursday morning, with the Dow hitting a fresh record trading high, but the tech sector struggled, giving up early gains sparked by news of a management change up at Dell.
Blue chip stocks clung to gains Thursday morning, but the tech sector turned lower, giving up early gains sparked by news of a management change up at Dell.
Stocks rose Thursday morning - sending the Dow industrials to a record trading high - as investors welcomed a mild reading from a key inflation indicator and upbeat company news from Dell and Exxon Mobil.
In an interview this afternoon after he resumed the role of CEO at the company he founded, Michael Dell said he was excited about taking charge, and that we should expect to see a lot of changes in the company in the "months and quarters" ahead.
Dell announced Friday it will begin taking orders this weekend for computers loaded with Microsoft's Vista operating system.
If 2006 was the comeback year for private equity, 2007 is setting up to be the year of the big buyout.
[HIT] A Wonder-ful world. When Will Ferrell wrote the script for Talladega Nights: The Ballad of Ricky Bobby, he had an improbable sponsor in mind for his Nascar-racing hero: Wonder Bread. Just as ...
The Nasdaq composite surged to its highest point in nearly six years Wednesday, after Dell's upbeat earnings helped spark a rally in technology.
Tech stocks took the lead late in the session Wednesday, with Dell's strong earnings report helping to lift the Nasdaq composite to within reach of a 6-year record.
Stocks were mixed early Wednesday afternoon, following a volatile morning, in which investors welcomed falling oil prices and upbeat news out of Dell and Alcoa, but showed some caution amid weakness in General Motors.
Stocks swayed in choppy trade Wednesday morning, as investors welcomed falling oil prices and upbeat news out of Dell and Alcoa, but showed some caution amid weakness in General Motors.
The major stock gauges rose in the early going as investor optimism brought on by surprisingly good Dell earnings was dinged by the latest economic news.
Dell's upbeat earnings report boosted the tech stocks Wednesday morning, at the start of what is expected to be a quiet session, ahead of Thanksgiving.
Better-than-expected results from troubled computer maker Dell could be what the markets need to enter the holidays back in record territory.
The Nasdaq composite and S&P 500 managed to carve out fresh multi-year highs Tuesday, but a surge in oil prices limited any bigger stock market gains in light trading.
Dell reported preliminary earnings well above Wall Street's expectations Tuesday, sending shares of the PC maker soaring in extended trading.
Blue chips rose Thursday morning, thanks to a mild read on core inflation and a pair of big corporate deals, but the tech sector struggled amid discouraging news from Dell and Applied Materials.
A mild read on core inflation and a pair of big corporate deals boosted blue chips Thursday morning, but discouraging news from Dell and Applied Materials kept tech stocks in check.
Dell Inc. late Wednesday clarified that the company's decision to delay its earnings report was due to to issues it's facing in preparing the results and not linked to an ongoing Securities and Exchange Commission probe into the computer maker's accounting.
Equity release schemes such as a reverse mortgage have been around for years, but the baby boomer generation is creating unprecedented demand for a financial product that helps ensure a comfortable retirement.
NOT A BUY
Dell ranks no. 88 on FORTUNE's Global 500 this year, with $55.9 billion in revenues, up 13.6% from the previous year. The Round Rock, Texas-based company was ranked no. 84 on the 2005 list. Its 2005 profits were $3.6 billion, up 17.4% from a year earlier. 2005 was a banner year for most Global 500 companies.
A tech rally took hold Monday afternoon, reviving the markets after a weak morning clouded by worries about Dell and what the selloff in commodities implied about the economic outlook.
Stocks stabilized early Monday afternoon as money coming out of oil, gas and gold stocks began to flow into technology and other sectors.
U.S. stocks opened lower Monday, with the tech sector especially hard hit following Dell's announcement of a delayed SEC filing.
Computer maker Dell will delay filing its quarterly results statement with the Securities and Exchange Commission by the expected date, as the company said Monday an informal SEC probe has raised the "possibility of misstatements in prior period financial reports."
U.S. stocks were set to open lower Monday, as investors await the latest signals from Federal Reserve officials, with tech issues expected to bear the brunt amid a possible restatement by Dell and word of an expanded antitrust probe of Intel in Europe.
August was the cruelest month for the computer company Michael Dell founded in his University of Texas dorm room 22 years ago. In close succession, Dell Inc. recalled 4.1 million laptop batteries b...
In a lengthy interview with FORTUNE's David Kirkpatrick, founder and chairman Michael Dell had strong words for Dell's critics - but also for its own management. Some excerpts:
A steady stream of bad news has Dell in the hot seat. Is there anything the world's largest maker of personal computers can do to put out the fire?
Wall Street is logging off of Dell, as major shareholders trim their holdings and analysts advise customers to dump declining shares in the face of continued disappointing results.
This week's stock rally could hit a bump Friday after Dell's earnings report and SEC inquiry disclosure.
Dell reported quarterly sales above expectations and earnings that were in line with analysts' estimates Thursday. But profits were substantially lower than a year ago due to increased competition from rival Hewlett-Packard.
Despite oil prices below $71 a barrel for the first time in months and strong results from a tech bellwether, stocks may be ready to sell off Thursday after a three-day rally.
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