Thursday, May 31, 2007

Dell Shares Rise on Profit, Sales Report as Founder Displays `Magic' Touch

(Bloomberg) -- Dell Inc. shares surged after first-
quarter profit topped analysts' expectations, a sign founder
Michael Dell's return to the helm is making a difference at the
world's second-largest personal-computer maker.

The shares rose as much as 8.3 percent yesterday in late
trading after the Round Rock, Texas-based company said a 14
percent jump in average selling prices of its products and lower
part costs helped boost first-quarter revenue and margins.


Read more at Bloomberg Stocks News

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