Wednesday, April 7, 2010 as of 11:14 AM ET
Perot Systems was an information technology services provider founded in 1988 by a group of investors led by Ross Perot and based in Plano, Texas, United States.
Read More at Wikipedia ›Dell Inc.
(DELL) shares plunged 17% Wednesday and hit their lowest point in 20 months after the company's quarterly update raised questions about the strength of computer sales, overall spending on technology and the company's ability to make the business grow.Dell, which in recent years has looked to move beyond its core personal-computer business and broaden its portfolio of products for corporate customers, is facing stiff competition across its business lines. Management conceded Tuesday that spending on desktops and notebooks has remained under pressure, and that some customers were holding back on big purchases.Brian Gladden, the company's chief financial officer, said it is "a challenging competitive environment" and noted "we have to execute better."Analysts agreed. "We still believe Dell needs to take bolder, more aggressive steps to reinvent itself," wrote Sterne Agee analyst Shaw Wu. Overall, Dell's profit in the latest quarter missed Wall Street's expectations and the compa...
Baker Botts Partner Brad Bennett on insider trading.
Despite $14 billion in merger activity this morning, the economy isn't out of the woods yet.
FBN's Sandra Smith on Reza Saleh, once considered a hero, now under investigation for insider trading.
September 23, 2009 02:13 PM UTC by Cheryl CasoneBest Guess: United Nations EditionHello folks.....it is United Nations week here in NYC. Pretty much we are under se...
Cody sound off on Dell's purchase of Perot Systems
Dell CFO Brian Gladden says the deal to acquire Perot builds on its traction in enterprise.
Will the Dow cross 10000 this week? Meanwhile, unemployment is nearing 10%, but experts say the worst is behind us.
FBN's Sandra Smith reports on Dell's purchase of IT services company Perot Systems .
Where will the next big m&a deals be?
Dell Inc.'s (DELL) Perot Systems unit won the right to compete for a range of IT supply and support services with the Federal Bureau of Investigation , as part of a ...
SAN FRANCISCO -(Dow Jones)- Dell Inc. (DELL) said Thursday that it is combining its business units focused on serving the public sector and large businesses--its two...
If any industry has stood out in recent months when it comes to M&A activity, it's been technology. But more specifically, the narrative has been one of large tech f...
By Ritsuko AndoNEW YORK (Reuters) - Dell Inc plans to buy data storage company 3PAR Inc for $1.15 billion in cash, expanding its cloud computing business to compete ...
We break down whether the president's big speech will make any difference in the Gulf recovery efforts.
Gerald Chertavian, CEO of Year Up, on the growing importance of professional work experience for urban students.
Tech reporter Rich DeMuro breaks down the latest and greatest in the tech industry.
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Terms & Conditions). Powered and Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rewritten, or redistributed. ©2012 FOX News Network, LLC. All rights reserved.
