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Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
Dell, the world's second-largest personal computer maker, said Wednesday it plans to open a store in Moscow next month, its first retail foray in Russia.
Dell said on Thursday it is delaying its fiscal 2008 second-quarter report until it has completed a financial restatement process.
Western Digital, the world's second largest computer disk-drive maker, boosted its fiscal first-quarter earnings and revenue forecast on Monday due to improved demand, pricing and product mix. Shares rose sharply following the increased guidance.
Intel on Thursday introduced high-end processors for computer servers to compete with an upcoming new product from Advanced Micro Devices. Intel said the six new Quad-Core Xeon 7300 series processors can deliver more than twice the performance over its previous-generation dual-core products.
Dell reported preliminary second-quarter earnings of 35 cents a share on sales of $14.8 billion Thursday, topping expectations as it benefited from lower costs for disk drives, microprocessors and other components.
Stocks are winding up for a higher open as traders focus on the Fed Chairman Ben Bernanke's Jackson Hole address and President Bush's expected subprime rescue plan for defaulting homeowners. Bernanke's 10 a.m. speech has been the buzz of global markets for more than a week and it is being watched carefully for any clues on how the Fed might react...
Asian markets made solid gains Friday, ending the week firmly in positive territory as investors bet on a positive reaction to Fed Chairman Ben Bernanke's speech on monetary policy and housing in Jackson Hole, Wyo. at 11 am Singapore time.
It's been a rough year for Dell, characterized by a particularly rough quarter that saw the company try to put deep financial shenanigans behind it: the pay-out of a $40-million-plus severance package for fired CEO Kevin Rollins, trying to deal with a restructuring that cost the company 8,000 jobs, continued loss of market share to rival Hewlett-Packard and shipment problems that hurt its most recent product introductions.
Acer's shares fell sharply in Taiwan Tuesday, one day after the Taiwanese computer maker said it would acquire Gateway for $710 million.
Taiwan's Acer will buy U.S. computer maker Gateway for $710 million to double its U.S. presence and unseat China's Lenovo as the world's No. 3 PC maker, while dealing a blow toits efforts to grow in Europe.
American Standard, Dell, Southern Copper and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Acer plans to acquire U.S. computer maker Gateway for $710 million in a deal that will push the Taiwanese company past China's Lenovo Group as the world's third largest vendor of personal computers.
Now that the market has settled a bit, Cramer went back to his normal Game Plan strategies. Here are his takes on Dollar Tree, Freddie Mac, H&R Block, Dell and Sears Holdings.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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Stocks rallied Friday as investors were encouraged by a cut in discount rates by the Fed. "As long as we can stay out of the woods with further credit problems, we can build from this base and go forward steadily," said James Maguire, Sr., managing director at LaBranche. "I think we've hit the bottom. We might fish around here for a bit, but I'm very confident."
The audit, which began in August 2006 and evaluated more than 5 million documents, "identified evidence that certain adjustments appear to have been motivated by the objective of attaining financial targets," Dell said.
Hewlett Packard reported earnings of 71 cents a share for its fiscal third quarter, comfortably outpacing forecasts, and the company gave guidance for the fourth quarter that topped analysts' expectations.
A group of reporters and their family members whose private telephone records were secretly obtained as part of Hewlett-Packard's boardroom surveillance scheme sued the technology giant and two former executives.
Software company SAP and personal computer maker Dell are to cooperate in retail hardware and software, they said late on Tuesday.