Dell Inc
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Ticker Summary (DELL)
| 12.58+0.22 (+1.78%) | |
|---|---|
| Open | 12.50 |
| High | 12.60 |
| Low | 12.44 |
| Volume | 16,311,375 |
| Market Cap | 24.5B |
| 52 Week High | 17.52 |
| 52 Week Low | 11.34 |
| P/E | 15.92 |
| F P/E | 8.58 |
| EPS | 0.79 |
| Dividend | N/A |
| Yield | N/A |
| 1 Year Target | 15.88 |
DELL 12.58 +1.78%
According to the Wall Street Journal, Dell maybe be prepared to launch a high-end smart phone as early as next month. The report indicated that the mobile phone will feature a touch screen similar to Apple's iPhone.
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DELL 12.58 +1.78%
In January, Dell's Chief Technology Officer Kevin Kettler plans to leave the company after 13 years. Kettler will leave the company to spend more time with his family and focus on personal interests. Last week Dell asked its employees to consider taking up to five days unpaid vacation as its continues to struggle with lackluster consumer demand.
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DELL 12.58 +1.78%
Dell Inc. who continues to struggle to cut costs has asked its employees to consider taking up to five days of unpaid vacation. In order to help reduce costs, the company is asking its employees to voluntary take up to five days unpaid time-off within the next three months. Dell is having to deal with a much slower global demand for personal computers due to recent economic events.
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DELL 12.58 +1.78%
Dell Inc. is planning to make less computers itself and to rely on contracts with manufactures in order to cut costs. Dell plans to sell most of its factories within the next 18 months; however, in current market conditions it may be difficult for the company to sell off the factories. Dell will most likely have to enter long-term production contracts with the buyers hurting potential cost savings.
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DELL 12.58 +1.78%
Dell is looking to regain its market share by promoting sales in emerging economies. Currently, over 75 percent of the U.S. population already has a computer; however, in India only 5.1 percent of the population currently owns a personal computer. With competitors such as Lenovo already doing well in the Chinese market, Dell is hoping that lower competition in India will allow it to rapidly gain market... More
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DELL 12.58 +1.78%
Dell Inc reported that for its third physical quarter earnings fell 17 percent compared to the same period a year prior. The company announced nearly $16 billion in revenues; however, lower profit margins led by increased cost cutting measures severely hurt the company's earnings. Overall, Dell reported earnings of $616 million or 33 cents per share.
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DELL 12.58 +1.78%
Dell plans to sell four new low cost PC models across China and 20 other emerging markets. The two laptop and two desktop lines named Vostro will sell for between $400 and $500. Dell will be offering the Linux operating system as well as Microsoft's Vista.
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DELL 12.58 +1.78%
According to CNN Money, Dell is scheduled to reveal a new series of ultra compact notebook computers or "netbooks" next week. The new product is part of Dell's massive effort to turn the company around.
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DELL 12.58 +1.78%
Michael Dell has made a huge bet that he will be able to turn his company around. The CEO bought nearly $100 million in shares just as the company began to hit its 6 year low. Shares of Dell traded up 4 percent for the day on the news.
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DELL 12.58 +1.78%
Dell's earnings are up nearly 4 percent over last year as the company reported growth in both its consumer and commercial product lines. Dell third quarter reported earnings of 38 cents a share or $16.08 billion in revenues compared to 34 cents a share for the same period a year prior.
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DELL 12.58 +1.78%
A court in New York has found Dell engaged in fraud, by luring consumers with no interest or no payment financing options, but then its financial arm would then charge higher rates. The court is expected to hold further meetings to discuss how much Dell will be required to pay to its customers under the lawsuit.
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DELL 12.58 +1.78%
As part of its plan to revitalize the company, Dell announced that it plans to focus on its core notebook business. Dell currently only has a 9 percent share of notebook sales. This is just one element of Dell's plans. The company also plans to cut costs across the board by outsourcing manufacturing costs and eliminating over 10 percent of its workforce.
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DELL 12.58 +1.78%
Dell is planning to cut costs by $3 billion annually over the next three years, by closing its manufacturing plant in Texas. Dell also repeated its goal of cutting nearly 8,800 jobs or 10 percent of its current workforce. The company has already cut 3,200 jobs. It also looking at its Financial Services division for potential cuts. Dell is currently the second largest PC manufacture.
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DELL 12.58 +1.78%
Dell is gearing its efforts towards both China and India in order to boost profits and regain the lead in personal computers. Dell reported at its news conference that it plans to release at least 50 percent more notebook models overseas then it did last year and also design its products specifically with Chinese and Asians needs in mind.
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DELL 12.58 +1.78%
Dell continues to struggle to reclaim market share despite Michael Dell returning. The stock tumbled over 4% after the company reported weaker then expected earnings of 35 cents a share. Dell has been attempting to change their sales model to a traditional retail approach shifting their focus away from direct sales.
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