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Dell

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Reuters - 2 days ago

Dell, Iron Bow settle charges they overcharged the Army, DOJ says

Dell, Iron Bow settle charges they overcharged the Army, DOJ says WASHINGTON, Nov 19 (Reuters) - Dell Technologies DELL.N and Iron Bow Technologies have agreed to pay more than $2 million each to resolve allegations by the U.S. government they overcharged the Army on a computing contract, the Justice Department said on Tuesday. Dell has agreed to pay $2.3 million and Iron Bow has agreed to pay $2.05 million to resolve allegations they violated the False Claims Act by submitting non-competitive b
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Reuters - 2 days ago

Dell Technologies Strengthens Cybersecurity Strategies For Microsoft Customers

BRIEF-Dell Technologies Strengthens Cybersecurity Strategies For Microsoft Customers Nov 19 (Reuters) - Dell Technologies Inc DELL.N : DELL TECHNOLOGIES ACCELERATES AI INNOVATION AND STRENGTHENS CYBERSECURITY STRATEGIES FOR MICROSOFT CUSTOMERS DELL TECHNOLOGIES INC - DELL APEX FILE STORAGE FOR MICROSOFT AZURE PUBLIC PREVIEW IN FIRST HALF OF 2025 So
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Reuters - 3 days ago

Distyl Secures $20M From Lightspeed And Khosla Ventures

BRIEF-Distyl Secures $20M From Lightspeed And Khosla Ventures Nov 19 (Reuters) - Dell Technologies Inc DELL.N : DISTYL SECURES $20M FROM LIGHTSPEED AND KHOSLA VENTURES TO DELIVER BIGGEST, MOST IMPACTFUL ENTERPRISE AI OUTCOMES DISTYL: EXISTING INVESTORS COATUE, DELL TECHNOLOGIES CAPITAL, NAT FRIEDMAN ALSO JOINED ROUND, WITH STRATEGIC & ANGEL INVESTO
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Reuters - 4 days ago

Dell Technologies Boosts AI For Enterprises With Dell AI Factory Advancements

BRIEF-Dell Technologies Boosts AI For Enterprises With Dell AI Factory Advancements Nov 18 (Reuters) - Dell Technologies Inc DELL.N : DELL TECHNOLOGIES BOOSTS AI FOR ENTERPRISES WITH DELL AI FACTORY ADVANCEMENTS Source text: ID:nPn8MRpj6a Further company coverage: DELL.N
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Reuters - 4 days ago

Hewlett Packard Enterprise gains after brokerage upgrades to 'strong buy'

BUZZ-Hewlett Packard Enterprise gains after brokerage upgrades to 'strong buy' ** Shares of AI server maker Hewlett Packard Enterprise HPE.N rise 1.7% to $21.42 premarket ** Raymond James upgrades stock to "strong buy" from "outperform," raises PT to $29 from $23, which represents an upside of ~38% to stock's last close ** Brokerage expects an in-line quarter when HPE reports Q4 results on Dec.
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Reuters - 4 days ago

U.S. Airbnb, Post Holdings, Syndax Pharmaceuticals

U.S. RESEARCH ROUNDUP- Airbnb, Post Holdings, Syndax Pharmaceuticals Nov 18 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Airbnb, Post Holdings and Syndax Pharmaceuticals, on Monday. HIGHLIGHTS * Airbnb Inc ABNB.O : D.A. Davidson raises PT to $131 from $125 * Korro Bio Inc KRRO.O : Jonestrading initiates coverage with buy rating; PT $130 * Post Holdings Inc POST.N : JP Morgan raises target price to $135 from $125 *
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Reuters - 1 week ago

SK Hynix's Solidigm targets AI market with energy efficient storage drives

SK Hynix's Solidigm targets AI market with energy efficient storage drives By Stephen Nellis Nov 13 (Reuters) - Solidigm, the California-based subsidiary of memory-chip giant SK Hynix 000660.KS , on Wednesday announced a new energy-efficient data storage drive aimed at the artificial intelligence market. Solidigm, which SK Hynix purchased from Intel INTC.O for $9 billion, said its newest solid-state drive will hold about 122.9 terabytes of data, which is enough to make almost three high-quality
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Reuters - 1 week ago

Seven & i's reported offer and the biggest management buyouts to date

FACTBOX-Seven & i's reported offer and the biggest management buyouts to date By Kane Wu HONG KONG, Nov 13 (Reuters) - Japan's Seven & i Holdings 3382.T said on Wednesday it has received a buyout proposal from its vice president who is a member of its founding Ito family. The statement follows a Bloomberg report that the 7-Eleven owner was considering a management buyout offer (MBO) worth up to $58 billion, which would make it the largest by far in history.
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Reuters - 2 weeks ago

Japanese chipmaker Kioxia files for IPO; sources say it's targeting December

UPDATE 3-Japanese chipmaker Kioxia files for IPO; sources say it's targeting December Bain scrapped October IPO for Kioxia Kioxia is first company to use new IPO process Rules allow Kioxia to sound out investors Recasts and writes through By Miho Uranaka and Sam Nussey TOKYO, Nov 8 (Reuters) - Bain Capital-backed Kioxia filed for an IPO on Friday and sources familiar with the matter said the Japanese chipmaker was targeting December for the offering.
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Reuters - 2 weeks ago

Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst

UPDATE 1-Super Micro slumps as weak forecast, annual report uncertainty fuel investor angst Updates shares in paragraph 1, adds graphic Nov 6 (Reuters) - Shares of Super Micro Computer SMCI.O tumbled more than 24% to hit a near 18-month low on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor worries about the AI-server maker.
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Reuters - 2 weeks ago

Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries

Super Micro slumps as weak forecast, annual report uncertainty fuel investor worries Nov 6 (Reuters) - Shares of Super Micro Computer SMCI.O tumbled more than 20% in premarket trading on Wednesday as an unclear timeline for its annual report along with weak quarterly forecasts fanned investor worries about the AI-server maker. The company's auditor Ernst & Young unexpectedly stepped down last week after earlier highlighting some concerns over its financial reporting.
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Reuters - 2 weeks ago

Super Micro shares fall as server maker misses sales targets, annual filing uncertain

UPDATE 4-Super Micro shares fall as server maker misses sales targets, annual filing uncertain Adds information from conference call, updates shares, adds analyst comments By Akash Sriram and Stephen Nellis Nov 5 (Reuters) - Super Micro Computer SMCI.O , whose auditor unexpectedly stepped down last week, flagged uncertainty on Tuesday about the timing of its annual report but said a probe about accounting practices had not found evidence of fraud by the company.
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Reuters - 3 weeks ago

S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Garmin Ltd GRMN.N +23.1% Smurfit WestRock PLC SW.N +10.1% FMC Corp FMC.N +9.7% Dayforce Inc DAY.N +8.7% Dell Technologies Inc DELL.N +7.6% Bottom Performers Percent Change Super Micro Computer Inc SMCI.OQ -31.8% Qorvo Inc QRVO.OQ -26.9
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Reuters - 4 weeks ago

Europe's top court rules for Intel to end long-running antitrust case

UPDATE 1-Europe's top court rules for Intel to end long-running antitrust case Adds quote in paragraph 2, detail in paragraphs 5-6 BRUSSELS, Oct 24 (Reuters) - The EU Court of Justice, Europe's top court, ruled on Thursday in favour of Intel INTC.O , ending a nearly two-decade-long fight between the U.S. chipmaker and EU regulators who had said it had tried to thwart a rival.
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Reuters - 4 weeks ago

Europe's top court rules for Intel in long-running antitrust case

REFILE-Europe's top court rules for Intel in long-running antitrust case Changes dateline to Oct. 24 from Oct. 23 BRUSSELS, Oct 24 (Reuters) - EU Court of Justice, Europe's top court, ruled in favour of Intel INTC.O , ending a nearly two decade-long fight between the U.S. chipmaker and EU regulators who had said it had tried to thwart a rival. The European Commission had fined Intel for giving rebates to computer makers Dell DELL.N , Hewlett-Packard Co, NEC 6701.T and Lenovo 0992.HK , for buying
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Reuters - 4 weeks ago

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Updates: Oct 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Tuesday: ** French investment company Wendel MWDP.PA will acquire U.S. asset investment firm Monroe Capital MRCC.O , it said, with an initial investment of $1.13 billion for 75% of the company's shares.
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Reuters - 4 weeks ago

Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 22 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Tuesday: ** French investment company Wendel MWDP.PA will acquire U.S. asset investment firm Monroe Capital MRCC.O , it said, with an initial investment of $1.13 billion for 75% of the company's shares. nL1N3LY05G ** Ambuja Cements ABUJ.NS , India's No.2 cement maker, said it would buy a nearly 47% stake in rival Orient Cement ORCE.NS for 37.91 billion
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Reuters - 1 month ago

U.S. STOCKS Howmet Aerospace, Alaska Air, Arcus Biosciences

BUZZ-U.S. STOCKS ON THE MOVE-Howmet Aerospace, Alaska Air, Arcus Biosciences Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were subdued on Monday as investors took a breather after the previous week's rally, awaiting results from major companies that could influence whether markets would sustain their record highs or decline.
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Reuters - 1 month ago

Sophos buys Secureworks for $859 mln to beef up cybersecurity portfolio

UPDATE 1-Sophos buys Secureworks for $859 mln to beef up cybersecurity portfolio Recasts paragraph 1, adds shares in paragraph 2 Oct 21 (Reuters) - Thoma Bravo-backed cybersecurity firm Sophos said on Monday it would acquire Secureworks SCWX.O from Dell Technologies DELL.N for $859 million in cash to strengthen its product lineup for enterprise customers.
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Reuters - 1 month ago

SecureWorks: Falls on $859 mln deal with Sophos

BUZZ-SecureWorks: Falls on $859 mln deal with Sophos ** Cybersecurity firm SecureWorks SCWX.O shares fall 1.5% to $8.35 ** U.K.-based Sophos said it will acquire SCWX from DELL for $859 mln ** Shareholders will receive $8.50/share, whereas last close was $8.47 ** Before this deal, owner Dell Technologies explored sale of SCWX in 2019, with a then m
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