Dell earnings fall 5% as economy weighs on sales

Date: Thu, Nov 20, 2008 at 2:01 PM

Dell earnings fall 5% as economy weighs on sales

Dell Inc. reports a 5% drop in its fiscal third-quarter earnings as the
computer giant's sales also decline due to what company officials call "a
challenging demand environment," particularly during the month of October.

AID FOR BIG THREE FALTERS IN CONGRESS

Democratic leaders of Congress say there's no deal yet on aid for the Big Three
U.S. automakers until the chief executives show them concrete plans on how they
would use the federal funds to turn their companiese around.

PAULSON DEFENDS HIS STEWARDSHIP OF BAILOUT

Treasury Secretary Henry Paulson on Thursday
offered a lengthy defense of Treasury's actions to date to combat the financial
market crisis and laid out the challenges that his successor will face.

FUTURES MOVERS: CRUDE ENDS AT LOWEST LEVEL SINCE MAY 2005

Crude-oil futures fall for a fifth session, slumping 7.5% to close at the
lowest level in more than three years, as global stocks tumble and economic
worries deepen.

SPECIAL REPORT: THE FUTURE OF FINANCIALS: LOWER PROFITS, INCREASED RULES

When the incoming administration of President-elect Barack Obama looks at the
financial services industry, there will be one thought above all others: to
make sure the sector survives.