Company: Dell Inc

A look at Nasdaq 10 most-active stocks at 1 p.m.:

Shares of some top computer companies are mixed at 1 p.m.:

(Reuters) - Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.

Shares of Hewlett-Packard Co. jumped nearly 10 percent before Thursday's opening bell, after the company said it will eliminate 27,000 jobs as part of a plan to turn itself around and announced better-than-expected quarterly results.

(Reuters) - Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence.

NEW YORK (Reuters) - Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple <AAPL.O> helped lift the Nasdaq.

A look at the 10 biggest percentage decliners on Nasdaq at the close of trading:

A look at Nasdaq 10 most-active stocks at the close of trading:

A look at how selected companies providing computers, components, services and related software are faring:

Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:

NEW YORK (Reuters) - Stocks staged a late-day reversal on Wednesday, rallying into the close as a sharp rise in materials shares boosted the S&P 500 and gains in Apple <AAPL.O> helped lift the Nasdaq.

(Reuters) - Shares of Dell Inc <DELL.O> plunged 17 percent Wednesday after a disappointing revenue forecast spurred fears that global tech spending is weakening faster than anticipated and raised doubts about the PC maker's strategy.

Dell Inc.'s shares fell sharply in trading Wednesday after the computer maker reported disappointing fiscal first-quarter financial results and gave a weak sales forecast for its second quarter.

(Reuters) - Shares of Dell Inc <DELL.O> plunged 18 percent Wednesday, on track for their biggest single-day loss in more than a decade, after a disappointing revenue forecast spurred fears that global tech spending is weakening faster than anticipated.

(Reuters) - Dell Inc's <DELL.O> weak forecast and disappointing quarterly results triggered price target cuts from a slew of brokerages on the stock of the world's No.3 personal computer maker.