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HP Inc. Message Board

  • unclefulbert unclefulbert Aug 15, 2013 9:44 AM Flag

    Lowered guidance: ibm, orcl, csco and Dell after hours

    Dell brings forward Q2 results release to Thursday 08/14 01:58 PM


    SAN FRANCISCO, Aug 14 (Reuters) - Dell Inc (DELL:$13.72,00$0.00,000.00%) plans to release quarterly results on Thursday, publishing the numbers almost a week earlier than anticipated.

    The company, which CEO Michael Dell and partner Silver Lake have proposed buying and taking private for $25 billion, said in a statement it will announce financial results Aug. 15 after the market closes. They had previously been scheduled for Aug. 20.

    "We decided to accelerate the results announcement in light of the heightened interest in the company," spokesman David Frink said without elaborating.

    The results will come a day before a Delaware court hears activist investor Carl Icahn's opposition to the CEO's offer. Icahn, who leads a shareholder movement to try and derail that deal, wants the court to expedite a hearing on a lawsuit he filed this month.

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