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Cost Controls Help Lenovo Profit

Chinese personal-computer maker Lenovo Group Ltd. said profit in its latest quarter rose 90 percent from a year earlier because of cost controls, stronger pricing and robust shipments.

Is HP’s Turnaround Strategy Sustainable?

Time is not on HP’s side, analysts say.
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HP’s Turnaround Progress Slow but Sure, Says CEO Whitman

“We are fixing a lot of the problems that are keeping HP from being great.”
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HP’s Q2 Earnings Beat Expectations on Weak Sales

Better profits, weaker sales.
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Amid Tech Slowdown, HP CEO Whitman Under Pressure to Show Progress

Worries that success seen last quarter was a fluke.
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Amid Buyout Battle, Dell Doubles Down on Turnaround Plans

A few questions, none answered, about buyout plans.
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Dell Earnings Miss Targets, Sales Beat Expectations

A big miss on the bottom line.
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News Byte

AMD Shares Crash on Goldman Sachs Downgrade

Shares of chipmaker Advanced Micro Devices have fallen by more than 13 percent today following word of a downgrade to “sell” by Goldman Sachs analyst James Covello. With sales of PCs slowing to rates not seen since records have been kept, the outlook for AMD, Covello argues, despite winning supply contracts from both Microsoft and Sony in forthcoming gaming systems, doesn’t justify its recent rise to as high as $4.40 a share. AMD was trading at $3.80 a share, down 59 cents with 30 minutes to go in the session.

Dell Set to Report a Big Earnings Miss Today

A tough day ahead.
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Dell to Miss Profit Estimates, Beat on Revenue

Dell Inc. plans to report quarterly financial results on Thursday that are significantly lower than Wall Street expectations of profit, but higher-than-expected in revenue, according to a person briefed on the results.