Dell posted its second-quarter results on Tuesday and made
investors weep. Year-over-year revenue dropped 8 percent to $14.5 billion and
net income fell nearly 20 percent to $732 million. Shares in Dell (DELL)
proceeded to tumble 5 percent in after-hours trading to around $11.70, which is
in the range of what the company traded at before the dot-com boom. So according
to Businessweek, that would be a whole mess of bad news.
Here’s the good news: Dell has hired Marius Haas as its new
head of all data center hardware, including servers, storage systems, and
networking gear. Haas had recently been at the private equity house Kohlberg
Kravis Roberts, trying to help the firm spot investment opportunities…
Wait...wait...there's more at http://www.businessweek.com/articles/2012-08-21/dell-hires-yet-another-superstar-executive-to-save-it#r=read
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