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U.S. Morning Call: Dell computes a loss, cuts outlook

Wednesday, August 22, 2012 - 02:40

Aug 22 - Dell Inc warned of a challenging second half and slashed its full-year earnings outlook after weak sales results.

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Still losing its power to do more and counting down the hours to the Fed minutes. Here's what you need to know to kick off you're trading day -- -- a lost the second quarter with revenue falling below estimates. The number two US PC maker also slashed its full year earnings outlook. Saying customers will cut back on buying computers before the launch of the new version of Microsoft's windows eight. Which will come in late October. Dell's disappointing results reflect the fierce competition it faces from Asian rivals Acer and Lenovo. And tablet makers like apple. Shares of the company remained down 15%. 2012. Delta plans to pay its first dividend to shareholders this year. It's larger rival HP reports earnings later today. Right next steps stocks to watch shares of told brother trading up in premarket. After the largest luxury home builders sought -- 41% of revenue putting to a housing recovery. BHP Billiton mining it's smaller than expected profit. Falling commodity prices resulted in the 35% drop an annual profit in the first ball in three years. And just out second quarter results expressed. Shares down slightly in premarket after the retailer revised its -- your outlook. Other retailers out today American Eagle and gas Krispy Kreme kayak and Eaton Vance also report results today. Looking at a slightly lower open on Wall Street today stocks fell yesterday after the S&P hits for your high. 1 potential market mover is the release of existing home sales for July. Reuters analysts are expecting a tally of four point 52 million up from an annualized rate of four point seven million in June. And although it may be the same old story when it comes the so called -- investors are still all ears for -- and the Fed. The release of the latest FOMC meeting minutes constitute PM eastern and provide some insight into the timing and structure of perhaps the next round of using. Checking on apple now its market value is the only thing that's important the iPad maker and Foxconn have also improved working conditions at their factories in China according to auditors. Earlier this year apple -- the fair labor association to conduct audits of their factory conditions after coming under fire for conditions earlier this year. Apple also wrapped up -- epic patent trial Samsung. Jury deliberations are scheduled to begin today. Actually morning -- this Wednesday we have more -- coming up so follow us on Twitter at Reuters Insider. And please check out a way of YouTube channel at Reuters dot com slash writers TV I'm Lisa Bernhard this is writers.

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U.S. Morning Call: Dell computes a loss, cuts outlook

Wednesday, August 22, 2012 - 02:40