Dell Ups Outlook

Aeropostale drops on a warning; Forest Labs will exceed estimates; plus more of today's stocks in the news

Dell Computer (DELL ) raised its third-quarter revenue guidance to $9.1 billion vs. $8.9 billion on earnings per share of $0.21 -- at the high end of its initial guidance range. Analysts' expected revenues of $8.91 billion on $0.21 cents earnings per share. Dell expects to save $1 billion due to cost-cutting, and says broad momentum remains strong, especially in server and storage equipment.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.