Thursday, February 28, 2008

Dell posts 6% profit drop, expects some weakness ahead

Date: Thu, 28 Feb 2008 22:06:03 (GMT)

Dell posts 6% profit drop, expects some weakness ahead

SAN FRANCISCO
Dell Inc. on Thursday reported a fourth-quarter profit that fell 6% a
from a year ago despite a rise in revenues as the PC maker was hit with
several charges related to acquisitions and restructuring.

UBS Valentine's Day disclosure causes mayhem in mortgage market

SAN FRANCISCO
UBS AG's recent disclosure that it's highly exposed to so-called Alt-A
home loans has caused margin calls and forced selling among other big
players in the mortgage market.

Microsoft's play for Yahoo could distract from enterprise market

SAN FRANCISCO
Microsoft Corp.'s pursuit of Yahoo Inc. could distract the software
giant from what many analysts consider to be a more lucrative market for
business software, which is dominated by Oracle and SAP.

Telecom Report: Sprint CEO gets marks for honesty, but tough challenges
ahead

WASHINGTON
If the first step in rehabilitation is admitting a problem, then Sprint
Nextel Corp. is finally on the road to recovery.

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