EDS delays earnings, may take charge
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Troubled Navy contract spurs delay, and possible earnings hit.
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Yesterday's release by Dell Computer of very preliminary earnings numbers for its previous fiscal quarter may give investors at least a handful of data to help them understand the turmoil from which it may be recovering...if it is recovering. The company doesn't appear to be hemorrhaging, and there seems to be at least some good news. But it's hard not to keep seeing question marks and unresolved issues.
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Dell plans to report its third quarter financial results later today once the U.S. stock market closes, after delaying the announcement by nearly a week due to accounting troubles.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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Investors might want to wait a while as this company digests its large acquisition.
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The company told the SEC it will delay filing an audited earnings report for the fourth consecutive quarter.
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Dell Inc said it would delay filing latest quarterly earnings report with the US Securities and Exchange Commission because of an ongoing accounting probe by the federal regulator.
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NEW YORK -- Apple Computer Inc. said Friday it has delayed filing its annual report with the Securities and Exchange Commission due to its ongoing investigation into stock option grants.
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Credit Suisse First Boston maintained a &quot;neutral&quot; rating and $20 target price on Electronic Data Systems (nyse: EDS - news - people ), saying the decision to delay the third-quarter earnings announcement was disappointing but that the company&#39;s core
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Electronic Data Systems Corp., the world&#39;s second-largest seller of computer services, delayed the release of third-quarter earnings while it reviews the value of a contract with the US Navy.
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Symbol Technologies said today that it will delay filing its third-quarter results for two weeks, and it revised results for the first nine months of the year downward by $13.3 million because of errors in how inventory levels were reported.
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Yet another delay from the FDA leaves investors hanging.
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NEW YORK - Computer and server maker Dell Inc. said Thursday it is delaying the filing of its full third-quarter results as it continues to investigate some of its accounting practices.
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As a result of an S.E.C. inquiry, Dell said it was delaying the release of its third-quarter financial results until the end of the month.
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EDS said it continued to expect earnings, after special items, to be at the high end of the range between 5 cents and 10 cents per share.
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Electronic Data Systems Corp. (EDS (Profile, Products, Articles)) could be facing more rough waters with its $8.8 billion US Navy contract, as the IT services provider delayed
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By Ryan Blitstein, San Jose Mercury News, Calif.  Dec. 16--In a filing with the Securities and Exchange Commission, Apple Computer said Friday it will delay its annual 10-K financial report by more than two weeks while it reviews the findings of its investigation into stock option grants.
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Electronic Data Systems Electronic Data Systems which had delayed its quarterly earnings several times, said on Monday it lost $153 million in its third quarter after taking a loss on a large Navy contract.