Dell to buy Perot Systems for about $3.9B in cash, taking another step beyond the PC marketSeptember 21st, 2009 Dell eyes tech services with $3.9B deal for PerotNEW YORK — Dell Inc. will spend $3.9 billion for the technology services company Perot Systems Corp.
Dell to buy Perot Systems for $3.9 bnSeptember 21st, 2009 SAN FRANCISCO - Computer maker Dell is to buy technology services company Perot Systems for $3.9 billion in a bid to gain a foothold in the lucrative sector of information technology consulting, the company announced Monday. The bid price of $30 a share represented a 68-percent premium on the share price of the company founded in 1988 by former independent presidential candidate Ross Perot.
Hewlett-Packard re-brands EDS as HP Enterprise Services a year after $13.2 billion acquisitionSeptember 23rd, 2009 HP re-brands EDS as HP Enterprise ServicesPALO ALTO, Calif. — Hewlett-Packard Co.
Lennar, Wal-Mart, Jack in the Box, Potash, Dell are among big market moversSeptember 21st, 2009 Lennar, Wal-Mart, Jack in the Box big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Potash Corp., down $4.05 at $93.09
The Canadian fertilizer company slashed its third-quarter and full-year 2009 profit forecast because of lagging sales volume. Granite Construction Inc., down $1.71 at $32.10
An analyst cut his rating for the civil contractor and producer of construction materials, saying it isn't getting enough new business.
Stocks end lower but pare earlier losses; Health care and technology remain strongSeptember 21st, 2009 Stocks end off lows as health care, tech recoverNEW YORK — Stocks mostly fell Monday but ended off their lows as investors moved into technology and health care shares. News of Dell Inc.'s plans to buy information technology company Perot Systems Corp.
Stocks fall as investors log profits ahead of Fed meeting; health care stocks temper lossesSeptember 21st, 2009 Stocks trim losses as health care, tech recoverNEW YORK — Stocks mostly fell Monday but pulled well off their lows, buoyed by small gains in technology and health care shares. News of Dell Inc.'s plans to buy information technology company Perot Systems Corp.
C.P. Gurnani appointed chief executive of Indian outsourcer Mahindra SatyamJune 23rd, 2009 Indian outsourcer Mahindra Satyam gets new CEOMUMBAI, India — Mahindra Satyam, a rebranded Indian outsourcing company nearly brought down in a $1 billion fraud, said Tuesday that C.P. Gurnani, an executive from its new controlling shareholder, has been appointed chief executive.
Stocks fall, pausing from recent surge following modest losses overseas, ahead of dataSeptember 21st, 2009 Stocks follow overseas markets lower after run-upNEW YORK — Stocks are following overseas markets lower, pausing from a recent surge. News of Dell Inc.'s plans to buy information technology company Perot Systems Corp.
Stock futures signal lower open following modest losses overseas, investors await Fed meetingSeptember 21st, 2009 US stocks look to fall at open after run-upNEW YORK — U.S. stock futures are signaling a lower opening Monday on Wall Street as markets around the globe fell, pausing from a recent surge.
Stocks pare early losses, buoyed by health care, technology sharesSeptember 21st, 2009 Stocks trim losses as tech, health care recoverNEW YORK — Stocks mostly fell Monday but were off their lows by midday, buoyed by small gains in technology and health care shares. News of Dell Inc.'s plans to buy information technology company Perot Systems Corp.
Summary Box: Dell profit sinks 23 percent in slumping PC marketAugust 27th, 2009 Summary Box: Dell profit down 23 pctFINICKY BUYERS: Dell Inc.'s second-quarter profit fell 23 percent as demand for computers remains soft. Sales fell 22 percent.
Stocks pause from recent surge, hurt by declines in energy, material stocksSeptember 21st, 2009 Energy, material stocks lead market declineNEW YORK — More dealmaking and a favorable economic forecast weren't enough to carry stocks higher Monday as markets around the globe cooled from a recent surge. The Dow Jones industrials and the Standard & Poor's 500 index lost about 0.8 percent in early trading.
Dell profit sinks 23 percent in slumping PC market but edges past Wall Street estimatesAugust 27th, 2009 Dell profit down 23 pct but just beats estimateSAN FRANCISCO — Dell Inc. says its second-quarter profit fell 23 percent as the personal-computer industry's slump dragged on this summer.
Dell says fiscal 2nd quarter sales to top previous quarter, year-over-year PC demand stableJuly 13th, 2009 Dell: PC demand stable compared with '08 quarterROUND ROCK, Texas — Dell Inc. expects its fiscal second-quarter revenue to be slightly higher than the first quarter, when sales plunged 23 percent to $12.3 billion.
Dell shows off smart phone 'prototype' at China Mobile event in BeijingAugust 17th, 2009 Dell developing smart phone for China MobileROUND ROCK, Texas — PC maker Dell Inc. is working on a smart phone for China Mobile Ltd., China's biggest cell phone carrier.