Dell to Rewrite Cooked Books

Dell performance rallies tech; Commerce Department gives bad news

(NEWSER) - Stocks ended mixed after a seesaw session today, with strong performance by tech and energy shares contrasting with bad news on consumer spending and incomes, MarketWatch reports. The Dow closed down 7.90 at 12,638.32. The Nasdaq gained 14.34 to 2,522.66, while the S&P 500 ticked up 2.12, ending at 1,400.38. More»

Company now has 1.5M followers on Twitter

(NEWSER) - Twitter has proved to be a bit of a gold mine for Dell—the computer maker said promotions over the social-networking site directly resulted in more than $6.5 million in sales this year. The number of subscribers to Dell's Tweets has risen 23% over the last three months, to the point where 1.5 million people—as far-flung as China, Mexico, Japan, and Brazil—now follow along, reports Bloomberg . More»

Dow gains 0.5% for the week, other indices fall

(NEWSER) - Energy stocks led declines on Wall Street today after Goldman Sachs downgraded coal firm Peabody Energy, and Dell reported a bigger-than-expected profit decline, the Wall Street Journal reports.

• The Dow closed down 14.28 points at 10,318.16.
• The Nasdaq lost 10.78, closing at 2,146.04.
• The S&P 500 fell 3.52, settling at 1,091.38.

Intel, Dell see gains

(NEWSER) - Stocks mostly fell today despite good news from the tech sector, the Wall Street Journal reports. The Reuters/University of Michigan index of consumer confidence fell in August, dragging the markets down. Intel rose 4.32% after raising its third-quarter profit forecast, while Dell gained 1.89% on second-quarter earnings that beat expectations. The Dow fell 36.43 points to 9,545.20. The Nasdaq added 1.04 to settle at 2,028.77, and the S&P 500 lost 2.05, closing at 1,028.93. More»

HP, Nokia advance

(NEWSER) - Investors looked past bad news on home construction to signs of economic stabilization and drove broad advances in stocks today, the Wall Street Journal reports. HP rose 5.3% on reports that it’s the top computer seller. Nokia rocketed 11.5% on signs the cell-phone market was picking up again. The Dow closed up 95.81 at 8,125.43. The Nasdaq rose 43.64, to 1,670.44, and the S&P 500 gained 13.24, settling at 865.30. More»