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Overall, Dell earned $1.89 per share on an adjusted basis and posted revenue of $25.03 billion, both exceeding LSEG estimates. At least three brokerages raised their price targets after the results.
Dell Technologies (NYSE: DELL) stock is making big gains in Wednesday's trading. The company's share price was up 7.7% as of 2:15 p.m. ET and had been up as much as 10.1% earlier in the daily session.
At least nine brokerages raised their price targets on Dell after the results. Currently, over three-fourths of the analysts have a "buy" or higher rating with a median target price of $113.
On August 17, 2006, a Dell press release [131] stated that starting in September, Dell Dimension desktop computers would have AMD processors and that later in the year Dell would release a two-socket, quad-processor server using AMD Opteron chips, moving away from Dell's tradition of only offering Intel processors in Dell PCs. CNET's News.com ...
On September 7, 2016, Dell Inc. completed the merger with EMC Corp., which involved the issuance of $45.9 billion in debt and $4.4 billion common stock. [2] [10] The Dell Services, Dell Software Group, and the Dell EMC Enterprise Content Divisions were sold shortly thereafter for proceeds of $7.0 billion, which was used to repay debt. [2]
Dell Technologies (NYSE: DELL) has been in sizzling form on the stock market so far in 2024, rising an impressive 76% as of this writing. The stock's 2024 rally will be put to the test when Dell ...
Date Company Business Country Value () References June 8, 1999: NaviSite [note 3]: Internet service provider United States [38]July 21, 1999: Com2001.com Internet community software
Dell Technologies (NYSE: DELL) stock tumbled 11% through 10:05 a.m. ET Wednesday after the company reported mixed earnings last night. Heading into the report, analysts forecast Dell would earn $2 ...