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Dell Delights Investors

Jun 01, 2007, 18:00 (6 Talkback[s])
(Other stories by Paul Shread)

"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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