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Dell Technologies Inc (DVMT.N)

DVMT.N on New York Stock Exchange

80.79USD
22 Nov 2017
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Latest Key Developments (Source: Significant Developments)

Dell Technologies ‍to invest $1 bln in Iot R&D over next 3 years​
Tuesday, 10 Oct 2017 11:00am EDT 

Oct 10 (Reuters) - Dell technologies inc ::Dell Technologies says ‍to invest $1 billion in IOT research and development over next three years​.Company's new IOT division will be led by VMWare CTO Ray o'Farrell​.  Full Article

Dell Technologies announces multi-year agreement with GE
Thursday, 7 Sep 2017 07:30am EDT 

Sept 7 (Reuters) - Dell Technologies Inc :Dell Technologies announces multi-year agreement with GE.Under agreement, Dell becomes primary it infrastructure supplier for GE.Dell Technologies Inc - ‍GE has signed a multi-year commitment to use Dell Inc infrastructure and end-user computing solutions​.  Full Article

Dell Technologies reports Q2 EPS from continuing operations of 82 cents
Thursday, 7 Sep 2017 07:00am EDT 

Sept 7 (Reuters) - Dell Technologies Inc :Dell Technologies reports fiscal year 2018 second quarter financial results.Dell Technologies Inc - ‍Q2 revenue of $19.3 billion, non-GAAP revenue of $19.6 billion​.Dell Technologies Inc - qtrly EPS attributable to Dell Technologies continuing operations class V common stock diluted $0.82​.Q2 revenue view $19.52 billion -- Thomson Reuters I/B/E/S.Dell Technologies Inc - ‍ increased qtrly PC shipments by 3.7 percent​.Dell Technologies - ‍announced board approved amendment to class V group repurchase program for up to additional $300 million repurchases over six months​.Dell Technologies - ‍repurchase will be funded from proceeds of sales of VMWare class A common stock under a new stock purchase agreement with VMWare​.  Full Article

‍Dell Technologies says co and its affiliates entered into purchase commitment supplement to stock purchase agreement with VMWare
Thursday, 24 Aug 2017 05:01pm EDT 

Aug 24 (Reuters) - Dell Technologies Inc :‍Dell Technologies Inc​ - on Aug 23, co and its affiliates entered into purchase commitment supplement to stock purchase agreement with VMWare - SEC filing.‍Dell Technologies - pursuant to August 2017 agreement, VMWare will purchase for cash from EMC Equity Assets $300 million of class A common stock.  Full Article

Dell Technologies class v common stock - diluted EPS $0.56​
Thursday, 8 Jun 2017 07:00am EDT 

June 8 (Reuters) - Dell Technologies Inc :Dell Technologies reports fiscal year 2018 first quarter financial results.Dell Technologies Inc - ‍q1 revenue was $17.8 billion, q1 non-gaap revenue was $18.2 billion​.Dell Technologies Inc qtrly ‍net revenue $17,816 million, up 46%​.Dell Technologies Inc - ‍increased pc shipments by 6.2 percent in quarter, year-over-year​.Dell Technologies inc qtrly ‍continuing operations - class v common stock - diluted earnings per share $0.56​.Dell Technologies Inc qtrly ‍continuing operations - DHI Group - diluted loss per share $2.57​.  Full Article

Dell, stockholder of co provided approval of its unit EMC Corp to proposed acquisition by VMware of Wavefront
Wednesday, 12 Apr 2017 05:02pm EDT 

Dell Technologies Inc :VMware-On April 7,Dell technologies, controlling stockholder of co provided approval of its unit EMC Corp to proposed acquisition by VMware of Wavefront.  Full Article

VMware announces $300 mln stock purchase agreement with Dell
Thursday, 30 Mar 2017 07:15am EDT 

VMware : VMware announces $300 million stock purchase agreement with Dell . $300 million stock purchase agreement is part of company's previously disclosed $1.2 billion buyback authorization through end of fiscal 2018 . VMware Inc - separately, Dell Technologies plans to use $300 million proceeds to repurchase Dell tracking stock for VMware, Dvmt .VMware-Impact of stock purchase agreement on prior provided guidance for fiscal Q1 2018, FY fiscal 2018 diluted share count not expected to be material.  Full Article

Dell Technologies approves amendment to class V group repurchase program
Thursday, 30 Mar 2017 07:04am EDT 

Dell Technologies Inc : Dell technologies reports fiscal year 2017 fourth quarter and full year financial results . Quarterly net revenue $20.07 billion versus $12.68 billion . Quarterly earnings per share attributable to class V common stock from continuing operations $0.64 . Says during quarter, company generated an operating loss of $1.7 billion, with a non-GAAP operating income of $1.8 billion . Board approved amendment to existing class V group repurchase program for up to an additional $300 million over six months .Says amount for class V group repurchase program will be funded solely through new VMWare class a stock purchase agreement with VMWare.  Full Article

Dell Technologies and credit parties enters refinancing amendment
Thursday, 9 Mar 2017 04:45pm EST 

Dell Technologies Inc : On March 8, credit parties entered refinancing amendment to refinance original term b facility with new term loan B facility . New term loan B facility maturing on Sept 7, 2023 - SEC filing . Principal amount of new term b facility is $5.49 billion -SEC filing .Principal amount of new term B facility reflects a $500 million increase to current principal balance of original term B facility.  Full Article

Dell Technologies reports fiscal year 2017 third quarter financial results
Thursday, 8 Dec 2016 07:00am EST 

Dell Technologies Inc : Dell Technologies reports fiscal year 2017 third quarter financial results . Qtrly earnings per share attributable from continuing operations Class V common stock $ 0.78 . Dell Technologies Inc says client solutions group had business revenue for quarter at $9.2 billion, up 3 percent versus Q3 of last year . Dell Technologies Inc says Q3 revenue was $16.2 billion, non-GAAP revenue was $16.8 billion .Dell Technologies Inc says qtrly GAAP revenue up 28 percent from year ago.  Full Article

BRIEF-Dell Technologies ‍to invest $1 bln in Iot R&D over next 3 years​

* Dell Technologies says ‍to invest $1 billion in IOT research and development over next three years​