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BUSINESS
September 4, 2012 | By Kirk Ladendorf
AUSTIN, Texas — Dell Inc.'s journey toward business transformation has run into a rough stretch of road. The Round Rock, Texas, computer maker is shrinking this year in the face of weaker global demand for conventional PCs, intense low-cost competition from Asia, and the rise of Apple Inc. and its highly successful smartphones and tablet devices. Those factors all played parts in Dell posting second-quarter revenue of $14.5 billion, which was down 8%, or nearly $1.2 billion, from the same quarter a year earlier.
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NEWS
February 21, 2014 | By Ken Schwencke
A shallow magnitude 3.4 earthquake was reported Friday morning 15 miles from Rio Dell, Calif., according to the U.S. Geological Survey. The temblor occurred at 1:03 a.m. PST at a depth of 17.4 miles. According to the USGS, the epicenter was 19 miles from Fortuna, 32 miles from Eureka and 36 miles from Bayside. In the past 10 days, there have been no earthquakes magnitude 3.0 and greater centered nearby. This information comes from the USGS Earthquake Notification Service, and this post was created by an algorithm written by the author.
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BUSINESS
May 17, 2011
Dell Inc. said Tuesday that its fiscal first-quarter profit nearly tripled as the personal computer maker cut costs and its enterprise services revenue grew. Shares of Dell, which beat analysts' adjusted profit estimates but came in a bit below revenue estimates, rose 5 percent in extended trading. For the three months that ended April 29, Dell earned $945 million, or 49 cents per share, compared with $341 million, or 17 cents per share, a year earlier. Excluding one-time items, Dell earned 55 cents per share, easily beating what Wall Street expected.
BUSINESS
October 31, 2013 | By Salvador Rodriguez, This post has been corrected. See note at the bottom for details.
Everyone knows the Internet is all about cats, but Dell may have taken that too literally with one of its new computers. The Texas company on Wednesday issued one of the funniest customer service notes in the world of tech when it offered to replace a part in laptops that smell like cat urine. For months users have taken to Dell's community forum to complain that the Dell Latitude 6430u laptop smells like it was assembled near a litter box. Many in the thread point out that they have had to apologize to their clients when they take out their laptop in front of them while others expressed their frustration with Dell because they have scolded their cats for the odor.
BUSINESS
May 20, 2008 | From Times Wire Services
Donald J. Carty, who became Dell Inc.'s chief financial officer less than 18 months ago, is stepping down and will be replaced by a longtime General Electric Co. executive. Brian T. Gladden, chief executive of SABIC Innovative Plastics, formerly called GE Plastics, will join Dell today and succeed Carty as CFO on June 13. Carty was CEO and chairman of American Airlines and its parent, AMR Corp., until being ousted in early 2003.
BUSINESS
August 27, 2010 | Reuters
Hewlett-Packard Co raised its offer for 3PAR Inc to $2.0 billion, once again topping Dell Inc's bid and showing it had plenty of ammunition in the bidding war for the data storage company. HP's offer of $30 per share came less than 3 hours after Dell announced 3PAR had accepted its bid of $27 per share, which matched HP's previous offer. Dell's agreement with 3PAR allows it to match competing bids, but analysts say HP may be the stronger player with $115 billion in annual revenue compared with Dell's $53 billion.
BUSINESS
February 21, 2012 | Bloomberg News
Dell Inc. forecast fiscal first-quarter revenue that missed analysts' estimates as lackluster demand for personal computers and competition from Apple Inc. eroded growth. Revenue for the period ending in April will decrease 7% to $14.9 billion, Dell said Tuesday. That missed analysts' average estimate of $15.1 billion, according to data compiled by Bloomberg. Per-share earnings excluding certain items will exceed $2.13 in fiscal 2013, compared with analysts' $2.06 estimate. The company's shares rose 5 cents to $18.21.
BUSINESS
January 31, 2008 | From Times Wire Services
Dell Inc., which has been pushing its computers into more retail stores, said it would close its 140 shopping mall kiosks in the U.S. Dell now sells computers and other devices in more than 10,000 stores around the world, including Wal-Mart Stores Inc. and Best Buy Co., and the kiosks may be losing some of their novelty. Round Rock, Texas-based Dell began opening the kiosks in 2002 to boost sales of notebook computers.
BUSINESS
August 28, 2008 | From Times Staff and Wire Reports
Dell Inc. plans to sell four new personal computers in China and 20 other emerging markets, its biggest push so far to tap growth that's four times faster than in the U.S. The two laptops and two desktops, called Vostro and priced between $400 and $500 in China, will begin shipping in August and will be available in Europe, Asia, South America and the Middle East by November, the Round Rock, Texas, company said.
BUSINESS
May 28, 2008 | From Times Wire Services
Dell Inc. repeatedly used false and deceptive advertising of its promotional credit financing and warranty terms to consumers, a judge found. New York State Supreme Court Justice Joseph Teresi said state Atty. Gen. Andrew Cuomo showed that "many customers" were entitled to restitution, but the record was insufficient to determine how much. When Cuomo sued the computer maker last year, Dell spokesmen said the company's conduct had been honorable.
HEALTH
September 20, 2013 | By Charles Fleming
This delightful oasis, a beloved destination for my wife when she was a young girl and our daughters when she was a young mother, is one of the few local walks that can be done at midday, no matter the season, entirely in the shade. Even in September, this Griffith Park canyon is a cool, quiet retreat. 1. Begin at the intersection of Los Feliz Boulevard and Fern Dell Drive, following the path that starts behind the statue of a bear cub. Walk into the canyon, under a canopy of oak, sycamore, pine and redwood, following the paved walkway, staying always to the right as the path branches off. 2. You'll find picnic tables, barbecue grills, drinking fountains and public restrooms as you climb gently into the canyon.
HEALTH
September 19, 2013
Distance: 1.3 miles Duration: 1 hour Difficulty: 1 on a scale of 1 to 5 Details: Dogs on a leash are OK. Wheelchair accessible. Ample free parking. Bus routes: Metro 180, 181, 207, Los Feliz DASH
BUSINESS
September 9, 2013 | By Andrea Chang
After months of bitter fighting over the future of computer maker Dell Inc., Carl Icahn said in a sharply worded letter Monday that he was giving up.  That appears to clear the way for Chief Executive Michael Dell to take the company he founded private during a shareholder vote set for Thursday. But Icahn didn't go quietly. He directed some final jabs at Michael Dell, reiterating that he still thought the founder's buyout offer was too low, and compared the company's board -- which postponed the shareholder vote numerous times and changed the voting rules to better Michael Dell's takeover chances -- to a dictatorship.
BUSINESS
August 23, 2013 | By Paresh Dave, This story has been updated. See the note below for details.
Consumers frustrated by robo-calls and customer service calls to their cellphones have a potential way out. A federal appeals court in Philadelphia ruled this week that people can opt out of unsolicited cellphone calls if companies are using auto-dialers to make them, regardless of any prior consent or business relationship between the parties. The decision  came from a case involving Ashley Gager, a Pennsylvania woman who had financed a Dell Inc. computer purchase through  Dell Financial Services.
SPORTS
August 12, 2013 | By Van Nightingale
CHICAGO When: 7:30 p.m. PDT. Where: Staples Center. On the air: TV: TWC, TWC Deportes. Records: Sparks 16-7, Sky 15-7. Record vs. Sky: 0-1. Update: The Sparks return home after winning four of five on a nine-day trip, to face Eastern Division-leading Chicago. It will mark the first Los Angeles appearance of the Sky's Elena Delle Donne, one of the league's marquee rookies, who scored 20 points in a 92-84 victory over the Sparks on June 29 in Rosemont, Ill. Delle Donne, a 6-foot-5 swing player out of Delaware, leads all WNBA rookies with an 18.7 scoring average.
BUSINESS
August 2, 2013 | By Andrea Chang
So much for "best and final proposal. " A little over a week after Michael Dell warned that he wouldn't sweeten his bid for Dell Inc., the company founder -- on the brink of losing a shareholder vote to take the company private -- has done just that. On the morning of a special shareholders meeting at headquarters in Round Rock, Texas, the company announced that Michael Dell, along with investment firm Silver Lake, had increased the purchase price by a dime to $13.75 a share.
BUSINESS
August 29, 2008 | From Times Wire Services
Computer maker Dell Inc. said Thursday that its fiscal second-quarter profit fell 17%, hurt in part by lower prices and restructuring charges. The earnings were short of Wall Street estimates, and Dell shares plunged. Dell's net income dropped to $616 million, or 31 cents a share, in the quarter that ended Aug. 1, from $746 million, or 32 cents, a year earlier. Sales rose 11% to $16.4 billion, ahead of Wall Street's prediction for $15.9 billion. Excluding amortization and business realignment charges, Dell said it would have earned 33 cents a share.
BUSINESS
April 1, 2008 | From Times Wire Services
Dell Inc. said it planned to save $3 billion annually over the next three years by closing its Austin, Texas, desktop computer manufacturing plant and cutting thousands of jobs. The Round Rock, Texas, company's shares rose after hours after the announcement. They had risen 1.6% in regular trading. Dell also repeated its goal of cutting 8,800 jobs, or about 10% of its workforce, and said it would review "ownership alternatives" for its financial services business.
BUSINESS
July 24, 2013 | By Andrea Chang
Michael Dell, facing the possibility that he would lose the company he founded to billionaire Carl Icahn, announced a last-minute increase to his buyout offer. Under the new proposal made public Wednesday, Michael Dell and investment firm Silver Lake would acquire the PC maker for $13.75 per share in cash, up from the group's previous offer of $13.65 per share. That bumps the value of the bid to $24.6 billion, up from $24.4 billion. In another twist, Michael Dell is seeking to change the shareholder voting rules in an effort to better secure the success of his bid. Currently, a share not cast counts as a "no" vote; the company founder wants the outcome of the vote to depend solely on actual votes cast.
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