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May 25, 2012
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| 08:01 EDT |  | DELL |
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| 07:27 EDT |  | DELL |
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May 24, 2012
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| 07:12 EDT | | DELL |
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| 06:32 EDT | | DELL |
| theflyonthewall.com: | PC shipments could see only slight sequential growth in Q2, Digitimes reports | | With orders from Europe suddenly growing weak, PC vendors are concerned that Q2 shipments may not be as strong as originally expected, according to Digitimes. Reference Link :theflyonthewall.com |
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| 06:10 EDT | | DELL |
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May 23, 2012
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| 23:28 EDT | | DELL |
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| 16:27 EDT |  | DELL |
| theflyonthewall.com: | On The Fly: Closing Wrap | | Stocks on Wall Street were mixed following a furious rally to close the day. Stock futures were sharply lower in premarket trading pointing to a continuation of the market’s slide from late yesterday. The weakness in the U.S. futures followed poor sessions for stocks in Asia and early weakness in European equities, which only worsened as the day moved forward. The futures action led to a lower open for the broader market and the better than expected new home sales and home price reports could not bring in buyers. The market selling intensified throughout the morning until finally finding a level near noon, from which the market held and drifted higher. In the last hour of trading markets rose sharply to wind up mixed, and nearly up, for the day… ECONOMIC EVENTS In the U.S., new home sales increased 3.3% in the month of April to a 343K annual rate, versus expectations of an increase of 2.1%. The House Price Index showed an increase of 0.5% for the month of March, versus expectations of an increase of 0.3%. In Europe, equities slumped badly and the euro tumbled to its lowest level versus the dollar since August 2010 ahead of an informal summit meeting Wednesday night planned by European leaders. Expectations are that German Chancellor Angela Merkel will hold a hard line against mounting pressure to consider joint eurobonds... COMPANY NEWS: Shares of Dell (DELL) plunged $2.59, or 17.18%, to $12.49 after the company reported weaker than expected Q1 results and guided to Q2 revenue below consensus. The company's commentary on the challenging economic backdrop and how consumers have moved toward mobile devices and away from traditional PCs sunk peers as well, including Hewlett-Packard (HPQ), which fell before releasing a disappointing earnings report after the market closed. Meanwhile, two congressional committees set out to investigate Facebook’s (FB) troubled initial public offering… MAJOR MOVERS: Among the notable gainers were PetSmart (PETM), up $7.30, or 13.12%, to $62.92, following its "beat and raise" report, and Compuware (CPWR), up 80c, or 9.47%, to $9.25, after the company beat revenue expectations. Noteworthy losers included Qihoo 360 (QIHU), down 78c, or 3.64%, to $20.62, following its quarterly report and the appointment of a new co-CFO, and Juniper Networks (JNPR), down 76c, or 4.22%, to $17,23, after Goldman Sachs announced its view that ALU’s entry into core routing was an incremental negative for Juniper, following cautious comments by the company’s CEO the day before at their annual stockholder meeting. INDICES: The Dow lost $6.66, or 0.05%, to $12,496.15; the Nasdaq rose $11.04, or 0.39%, to $2,850.12; and the S&P 500 added $2.23, or 0.17%, to $1,318.86. :theflyonthewall.com |
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| 16:02 EDT |  | DELL |
| theflyonthewall.com: | Options Update; May 23, 2012 | | CBOE Volatility Index-VIX down 10c to 22.39. Option volume leaders today: INTC BAC MSFT DELL AAPL according to Track Data. :theflyonthewall.com |
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| 12:18 EDT | | DELL |
| theflyonthewall.com: | On The Fly: Midday Wrap | | Stocks on Wall Street were lower by about 1.5% at midday, following the lead of markets in Europe and Asia. The weakness is again being attributed to growing concern over Greece and its ability, and possibly willingness, to remain in the euro. The market essentially ignored the better than expected U.S. new home sales data and the home price index report and instead continued the down trend which began a few weeks ago... ECONOMIC EVENTS: In the U.S., new home sales increased 3.3% in the month of April to a 343K annual rate, versus expectations of an increase of 2.1%. The House Price Index showed an increase of 0.5% for the month of March, versus expectations of an increase of 0.3%. In Europe, equities slumped badly and the euro tumbled to its lowest level versus the dollar since August 2010 ahead of an informal summit meeting Wednesday night planned by European leaders. Expectations are that German Chancellor Angela Merkel will hold a hard line against mounting pressure to consider joint eurobonds. In Asia, stocks fell as well, as the World Bank cut its grow forecasts for the Asia-Pacific region, including China, to 7.6% for 2012 compared to 8.2% last year... COMPANY NEWS: Shares of Dell (DELL) plunged $2.66, or 17.64%, to $12.42 after the company reported weaker than expected Q1 results and guided to Q2 revenue below consensus. The company's commentary on the challenging economic backdrop and how consumers have moved toward mobile devices and away from traditional PCs sunk peers as well, including Hewlett-Packard (HPQ), which is due to report after the close... MAJOR MOVERS: Among the notable gainers were PetSmart (PETM), up about 11%, following its "beat and raise" report, and Expedia (EXPE), up nearly 5%, after Piper Jaffray said in a note to investors that it raised it price target on shares, citing impressive growth in the number of people visiting the company's European website last month. Noteworthy losers included Qihoo 360 (QIHU), down almost 8%, following its quarterly report and the appointment of a new co-CFO, and Cree (CREE), down another 6%, as it slid for a second straight day and a Wunderlich analyst drew parallels between Cree and troubled solar energy company First Solar (FSLR)... INDICES: Near noon, the Dow was down 182.43, or 1.46%, to 12,320.38; the Nasdaq was down 42.45, or 1.50%, to 2,796.63; and the S&P 500 was down 19.17, or 1.46%, to 1,297.46. :theflyonthewall.com |
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| 12:00 EDT |  | DELL |
| theflyonthewall.com: | Dell falls 17.2% | | Dell is down 17.2%, or $2.60, to $12.48 :theflyonthewall.com |
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| 10:27 EDT |  | DELL |
| theflyonthewall.com: | On The Fly: Analyst Downgrade Summary | | Today's noteworthy downgrades include: Dell (DELL) downgraded to Neutral from Buy at Mizuho FirstEnergy (FE) downgraded to Underperform from Hold at Jefferies Mercer (MERC) downgraded to Hold from Buy at Canaccord NASDAQ (NDAQ) downgraded to Hold from Buy at Deutsche Bank NASDAQ downgraded to Market Perform from Outperform at Raymond James Patriot Coal (PCX) downgraded to Hold from Buy at Deutsche Bank. :theflyonthewall.com |
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| 10:11 EDT | | DELL |
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| 10:00 EDT | | DELL |
| theflyonthewall.com: | Dell falls 15.3% | | Dell is down 15.3%, or $2.31, to $12.77 :theflyonthewall.com |
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| 09:52 EDT | | DELL |
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| 09:41 EDT | | DELL |
| theflyonthewall.com: | Active equity option families in first 10-minutes | | Active equity option families in first 10-minutes of trading according to Track Data are: AAPL DELL BAC F. :theflyonthewall.com |
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| 09:00 EDT | | DELL |
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| 08:56 EDT | | DELL |
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| 08:55 EDT | | DELL |
| theflyonthewall.com: | HP could see Q2 results hurt more by Europe than Dell, AllThingsD says | | Given Hewlett-Packard's (HPQ) exposure to the faltering markets in Europe, which Dell (DELL) commented on in its own earnings report, H-P could see its Q2 results hurt more by Europe than Dell, according to AllThingsD. Investors will also be very focused on CEO Meg Whitman's plans for restructuring and job cuts, the report said. Reference Link :theflyonthewall.com |
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| 08:29 EDT | | DELL |
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| 08:01 EDT |  | DELL |
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| 07:59 EDT | | DELL |
| theflyonthewall.com: | Dell results a negative for Intel, says JPMorgan | | JPMorgan views Dell's (DELL) results and guidance as a negative data point for Intel (INTC) and reiterates a Neutral rating on shares of Intel. The firm points out Dell indicated that PC demand is slowing, tablets and smartphones are cannibalizing notebook sales, and that customers are delaying spending on information technology. :theflyonthewall.com |
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| 06:59 EDT | | DELL |
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| 06:47 EDT | | DELL |
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| 05:45 EDT | | DELL |
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May 22, 2012
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| 17:56 EDT |  | DELL |
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| 17:55 EDT | | DELL |
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| 17:45 EDT | | DELL |
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| 17:36 EDT | | DELL |
| theflyonthewall.com: | Dell: To achieve FY outlook, will need to improve sales execution | | Says it will also require a bit of market improvement in second half. Will need better revenue growth and good discipline around cost and gross margins. Says will most likely not update FY estimates until end of Q2. :theflyonthewall.com |
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| 17:24 EDT | | DELL |
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| 17:16 EDT | | DELL |
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| 17:14 EDT | | DELL |
| theflyonthewall.com: | Dell says public business continues to see spending pressure | | Starting to see improvement in U.S. federal spending, but K-12 and healthcare businesses were lower than expected. :theflyonthewall.com |
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| 17:12 EDT | | DELL |
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| 17:10 EDT | | DELL |
| theflyonthewall.com: | Dell says tougher competitive environment due to channel inventory rebuilding | | Cites hard disk issues of the past two quarters. In addition, seeing more consumer spending diverted to alternative mobile computing devices. :theflyonthewall.com |
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| 17:08 EDT | | DELL |
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| 17:07 EDT | | DELL |
| theflyonthewall.com: | Dell says market demand "tougher than planned" | | Cites parts of Asia and public markets. :theflyonthewall.com |
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| 17:06 EDT | | DELL |
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| 16:22 EDT | | DELL |
| theflyonthewall.com: | Dell CFO Gladden: Enterprise solutions/services accounts for 50% of gross margin |
 Subscribe for More Information :theflyonthewall.com |
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| 16:11 EDT | | DELL |
| theflyonthewall.com: | Dell reports Q1 adjusted gross margin 22% | | :theflyonthewall.com |
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| 16:11 EDT | | DELL |
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| 16:10 EDT | | DELL |
| theflyonthewall.com: | Dell ends Q1 with $17.2B in cash, investments | | :theflyonthewall.com |
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| 16:09 EDT | | DELL |
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| 16:08 EDT | | DELL |
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| 16:06 EDT | | DELL |
| theflyonthewall.com: | Dell reports Q1 ESS revenue up 5%, excluding third-party storage | | Dell Services revenue was $2.1B, up 4%. Services backlog increased 9% to $15.4B. Dell-owned storage grew 24% to $423M. Server and networking revenue grew 2%. :theflyonthewall.com |
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| 16:03 EDT | | DELL |
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| 16:02 EDT | | DELL |
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| 16:01 EDT | | DELL |
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| 15:07 EDT | | DELL |
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| 14:58 EDT | | DELL |
| theflyonthewall.com: | Earnings Preview: Dell expected to post modest revenue drop | | Dell (DELL) is expected to report Q1 earnings after the market close on Tuesday, May 22, with a conference call scheduled for 5:00 pm ET. The consensus estimate is 46c for EPS and $14.91B for revenue, according to First Call. The whisper number for Dell's earnings is 46c, in-line with estimates. Dell remains very much a company in transition. It reports amid concern about the no. 2 PC maker's ability to expand beyond its traditional business, fend off rivals, and cope with looming economic uncertainty. Dell's quarterly financial report also is a good opportunity to gauge the health of global information technology spending. Management's guidance from its last earnings call was: Q1 revenue declining approximately 7% sequentially, with adjusted EPS for FY13 exceeding $2.13. Sterne Agee analyst Shaw Wu said in a recent note that he remains concerned that Dell is in a tough fundamental position sandwiched between low-cost players Lenovo (LNVGY) and Acer -- and Apple (AAPL) encroaching more in its core PC business as Macs and mobile devices gain share. "Despite efforts to grow beyond a PC company with multiple acquisitions over the past few years, we estimate 70% to 75% of its business is still tied to PCs. This includes peripherals, software, and services." He has a neutral rating on Dell. Other management guidance given back in February: Dell expects the 1H13 to be "challenging," but sees better demand in 2H13 cash flow from operations to exceed net income. They look to allocate 10%-30% of FY13 free cash flow to share repurchases. Dell sees FY13 CapEx approximately $700M. Dells’s FY13 strategy is to continue to shift to enterprise solutions and services, and says hard disk shortage will remain a challenge for several quarters. :theflyonthewall.com |
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| 07:13 EDT | | DELL |
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May 20, 2012
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| 09:40 EDT | | DELL |
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May 18, 2012
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| 06:37 EDT | | DELL |
| theflyonthewall.com: | Proportion of ultrabooks equipped with SSDs to drop in Q2, DigiTimes reports | | The proportion of ultrabooks equipped with SSDs will drop to 56% in Q2 from 86% in Q1 as vendors attempt to cut component costs to keep down prices, according to research from DigiTimes. Reference Link :theflyonthewall.com |
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May 17, 2012
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| 07:23 EDT |  | DELL |
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May 16, 2012
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| 06:25 EDT | | DELL |
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May 15, 2012
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| 11:27 EDT | | DELL |
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| 07:33 EDT |  | DELL |
| theflyonthewall.com: | Network Engines to host a webinar | | The "Unleash the Power of Intel's Latest Xeon Processors" webinar features Intel's new Xeon(r) E5-2600 Series processor family and explores the top four considerations for transitioning to a new technology and how to improve performance when moving to new products like the Dell servers. The webinar is being held on May 15 at 12 pm. Webcast Link :theflyonthewall.com |
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May 14, 2012
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| 06:03 EDT | | DELL |
| theflyonthewall.com: | USPS banning international shipments of laptops, iPads, AP reports | | The U.S. Postal Service is banning shipments of electronics with lithium batteries internationally, due to the risk of fire, the Associated Press reports. The ban includes electronics such as smartphones, laptops and iPads. Reference Link :theflyonthewall.com |
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