Dell Inc, mired in a battle between activist investor Carl Icahn and co-founder Michael Dell over its future, said it will report quarterly results on Thursday, May 16, a week ahead of schedule. Dell, in a statement on Tuesday, did not give a reason for the change in plans. But CNBC's David Faber said the computer maker decided to get its results out sooner because it missed Wall Street estimates and it wanted to inform the market as quickly as possible.A Dell spokesman did not immediately return a message seeking details.Icahn and Southeastern Asset Management, two of Dell's largest shareholders, are trying to stop Michael Dell from buying out the company for $24.4 billion, a value they argue undervalues the world's No. 3 PC maker.Dell is expected to report net income of $607.10 million on revenue of $13.5 billion for the fiscal first quarter ended April, according to the average analyst estimate compiled by Thomson Reuters I/B/E/S.
Dell, Inc. (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Shares of DELL fell by 0.52% or $-0.07/share to $13.45. In the past year, the shares have traded as low as $8.69 and as high as $16.61. On average, 32552600 shares of DELL exchange hands on a given day and today's volume is recorded at 15555278.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.58% or $0.2/share to $34.69. In the past year, the shares have traded as low as $26.20 and as high as $34.60. On average, 1140120 shares of TRI exchange hands on a given day and today's volume is recorded at 254622.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.92% or $0.32/share to $35.18. In the past year, the shares have traded as low as $26.65 and as high as $34.82. On average, 1213660 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 803928.
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