Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Dell Issues Earnings Warning

Dell Computer (DELL) sees lower than expected Q4 EPS of $0.18-$0.19 on $8.5-$8.6 billion in revenues. Dell cites a deterioration in global economic conditions and overall demand for computer systems and services. Robertson Stephens reportedly upgraded its rating on the shares to long term attractive.

A federal judge ruled that Transkaryotic Therapies (TKTX) infringed all or part of three of Amgen's (AMGN) patents on AMGN's anti-anemia drug Epogen.

Goldman Sachs adds Target (TGT) and Sears (S) to its recommended list. The stock was rated market outperform.

CIBC World upgraded Oxford Health Plans (OXHP) shares to buy from hold.

Salomon SB upgraded Duke Energy (DUK) shares to buy from outperform. Salomon SB has a $100 12-month price target.

UBS Warburg downgraded Powerwave Technologies (PWAV) shares to hold from buy.

Merrill Lynch upgraded Northern Trust (NTRS) shares to near term accumulate from neutral.

Bear Stearns says Walt Disney (DIS) stock could be sloppy near term while The Wall Street Journal reports the company's new theme park in California faces a slowing economy, high gas prices and the California power crisis.

Enzon Inc. (ENZN) says SGP it received FDA approval for PEG-Intron Injection for treatment of chronic hepatitis C. Under a licensing pact, ENZN is entitled to royalties and milestone payments.

Morgan Stanley DW upgraded Federated Stores (FD) shares to outperform from neutral.

Barron's reports that Fred Hickey of High-Tech Strategist says IBM Corp.'s (IBM) Q4 results presented its easiest comparions ever. He expects IBM to own up to the fact that it too is feeling the pain

Banc of America upgraded AFLAC Inc. (AFL) shares to strong buy from buy.

Lyondell (LYO) sees a $0.40 Q4 loss per share vs. estimates for $0.23 loss. The company says Street estimates do not fully reflect unfavorable impacts of unprecedented increase in natural gas prices and the continued weakening of the U.S. economy.

Quanex Corp (NX) sees $0.20-$0.25 1Q EPS. Cites slower demand for its automotive, building, construction products, inclement weather.

Key3Media Group (KME) sees $48-$51 million Q4 EBITDA (adjusted) and $109 to $114 million revenues; $113-$116 million 2001 EBITDA (adjusted) and $325- $335 million revenues.

Anthony Liberati, director of MCSI Inc.'s (MCSI) Zengine unit, offered to buy all the company's outstanding shares for $22 each.

Oregon Trail Financial (OTFC) says restructuring charges, investment losses will slash EPS for Q4 by as much as 80%.

Westvaco Corp (W) sees Q1 30%-35% lower than year ago. The company cites slowing US economy, softening of key markets.

K Swiss Inc (KSWS) posted better than expected $0.32 vs. $0.44 Q4 EPS on a 22% revenue decline. The company sees $0.60-$0.67 Q1 EPS and $2.00-$2.10 2001 EPS.

blog comments powered by Disqus