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BUSINESS
March 27, 2004 | From Bloomberg News
Dell Inc., the world's largest personal computer maker, plans to boost sales by turning its focus to screens that can be used as both televisions and computer monitors, Chief Executive Michael Dell said. "This multifunction display is a new emerging category," Dell told reporters at a Tokyo news conference. "This is very different" from the existing television business. Shares of Dell, based in Round Rock, Texas, fell 36 cents to $33.40 on Nasdaq.
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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.
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BUSINESS
April 22, 2006 | Terril Yue Jones, Times Staff Writer
Sell Dell? That was the opinion Friday of Citigroup's Richard Gardner, who slapped what may be the first "sell" recommendation by a U.S. analyst on the world's largest computer maker. The move sent Dell Inc.'s shares sliding $1.23 to a three-year low of $27.01. Lower-cost rivals "have significantly closed the gap between themselves and Dell," said Gardner, who previously had rated the stock a "buy."
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.
BUSINESS
February 21, 2007
Dell Inc. former Chief Executive Kevin Rollins will receive $5 million in severance as part of a separation agreement.
BUSINESS
February 17, 2007 | From Bloomberg News
Dell Inc. hired Ron Garriques, a Motorola Inc. vice president who led Motorola's mobile phone business, to run its consumer business. Dell created the global consumer division after losing the title of top PC maker to Hewlett-Packard Co.
BUSINESS
February 24, 2005 | From Bloomberg News
Dell Inc. decided to keep using Intel Corp. microprocessors after considering products from Advanced Micro Devices Inc., Chief Executive Kevin Rollins said. Dell, based in Round Rock, Texas, considered switching to AMD "for a while," Rollins said at a technology conference in Phoenix. Intel, whose chips power more than 80% of the world's PCs, "slipped technologically" last year as AMD "made an advance," he said. Intel shares fell 45 cents to $23.31 on Nasdaq. AMD shares lost 40 cents to $16.
BUSINESS
February 25, 2005 | From Bloomberg News
Dell Inc. began shipping a digital music player that can hold 15,000 songs to tap into consumer demand for a device that Apple Computer Inc. helped popularize. The $299 Digital Jukebox 30GB has 30 gigabytes of storage and 12 hours of battery life, Dell said. Dell offers two other players, a $199 model that holds 2,500 songs and a 20-gigabyte, $249 player that stores 9,900.
BUSINESS
October 18, 2005 | From Bloomberg News
Worldwide personal computer shipments rose 17% in the third quarter, led by Dell Inc., Hewlett-Packard Co. and Acer Inc., market researcher Gartner Inc. said. Shipments climbed to 55 million from 47 million a year earlier, Stamford, Conn.-based Gartner said. Among the five largest PC makers, Acer reported the biggest shipment growth, at 55%, followed by a 19% gain at HP and 18% at Dell.
BUSINESS
August 24, 2006 | From the Associated Press
Dell Inc. has quietly pulled the plug on its DJ Ditty music player, less than a year after the world's largest computer maker launched it to compete with Apple Computer Inc.'s iPod shuffle. The Round Rock, Texas-based company said it stopped selling the Ditty on Aug. 17. Dell unveiled the Ditty in September, calling it a better value than the shuffle.
BUSINESS
July 18, 2013 | By Andrea Chang
Dell Inc. has postponed a shareholder vote on its $24.4-billion buyout plan, a sign that not enough investors were on board with founder and Chief Executive Michael Dell's bid to take the company private.  The PC maker delayed the vote Thursday shortly after it began a special meeting of shareholders in Round Rock, Texas, where the company is based. Dell released a short statement saying no vote was taken on the proposed transaction before the meeting adjourned. Many large investors had signaled their opposition to the plan in the days leading up to Thursday's gathering.
BUSINESS
July 12, 2013 | By Andrea Chang
Billionaire Carl Icahn has again upped his bid for Dell Inc., this time by adding a warrant to his  takeover plan. Under the modified plan by Icahn and Southeastern Asset Management, shareholders would receive $14 a share and a warrant for every four shares that they tender. The warrants could be used to purchase Dell shares for $20 in the future. The move is widely seen as an attempt to force company founder and Chief Executive Michael Dell, who is hoping to take the computer maker private in a $24.4-billion leveraged buyout, to increase his bid. Michael Dell's bid of $13.65 a share, made with global technology investment firm Silver Lake Partners, was seen by many as too low. "We believe that the total value to tendering stockholders would be approximately $15.50 to $18 per share, as compared to Michael Dell/Silver Lake's offer of $13.65 a share," Icahn said in a letter to shareholders.
BUSINESS
February 5, 2013 | By Andrea Chang
After struggling for years to remake itself, Dell Inc. has announced it will be taken private in a deal valued at about $24.4 billion. Under the terms of the agreement, the Round Rock, Texas, company will be acquired by Dell founder and Chief Executive Michael S. Dell and global technology investment firm Silver Lake. Microsoft Corp. will invest $2 billion in the deal, a move the Redmond, Wash., company said it was undertaking to help support "the long-term success of the entire PC ecosystem.
BUSINESS
February 27, 2009 | Times Wire Reports
Dell Inc. said its profit dived 48% during its fiscal fourth quarter as the recession forced consumers and businesses to spend less on technology. The company also said it expected to make further cuts to its workforce. Earnings for the quarter that ended Jan. 30 sank to $351 million, or 18 cents a share, from $679 million, or 31 cents, a year earlier. Excluding one-time charges, Round Rock, Texas-based Dell would have earned 29 cents a share in the quarter, just above the 26 cents a share expected by analysts polled by Thomson Reuters.
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
March 26, 2008 | From Reuters
Dell Inc. said Tuesday that the computer industry was experiencing a shortage of batteries for laptop models in part because of a recent fire at a major supplier. The computer maker said it was working with other suppliers to limit any price increases. Dell, the world's second-largest PC maker after Hewlett-Packard Co.
BUSINESS
August 9, 2007 | From Times Wire Services
Personal computer maker Dell Inc. said it would pay its ousted former Chief Executive Kevin Rollins $48.5 million in cash as a result of Rollins' execution of a release agreement. Rollins officially resigned from the Round Rock, Texas-based Dell effective May 4. Under the terms of his stock options agreements, 7.37 million unexercised options that vested at the time of his retirement expired 90 days after his resignation date.
BUSINESS
February 29, 2008 | From the Associated Press
Dell Inc.'s fiscal fourth-quarter profit dropped 6.4%, falling short of Wall Street expectations, and the personal computer maker warned that more cautious spending by customers and higher costs could hurt its business. The Round Rock, Texas-based company said it earned $679 million, or 31 cents a share, in the quarter ended Feb. 1, down from $726 million, or 32 cents, in the same period a year earlier. Analysts surveyed by Thomson Financial had predicted profit of 36 cents a share.
BUSINESS
February 9, 2008 | From the Associated Press
Dell Inc. has stopped selling many computers with processors from Advanced Micro Devices Inc. on its website, although it will continue selling some through retailers. The news was a setback for AMD, which wooed Dell for years before breaking the computer maker's exclusive supplier relationship with Intel Corp. in 2006. Intel still made the processors used in most computers sold by Dell online. But AMD raised its profile in the chip field by being inside some Dell machines.
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