Dell Says First Quarter Earnings Will Miss Expectations

GM finalizes first quarter results; Fannie Mae identifies more accounting problems; plus more stocks in the news Monday

Dell (DELL) sees first quarter earnings per share (EPS) (Generally Accepted Accounting Principles) of about 33 cents on revenue of $14.2 billion vs. original guidance of 36 cents to 38 cents EPS on $14.2 billion to $14.6 billion revenue. It notes support infrastructure, product quality investments, and pricing adjustments.

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