Dell Delights Investors

“Dell shares jumped more than 5% in late trading Thursday after
the company beat Wall Street estimates and announced plans to lay
off 10% of its workforce, or more than 8,000 employees.

“Dell’s earnings of 34 cents a share, or $759 million, were
eight cents better than analysts expected. Sales rose 2.8% from the
year-ago quarter to $14.6 billion, handily beating $13.95 billion
forecasts…”

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