Dell shares up slightly
Sunday, 13 June 2010
NEW YORK, June 12 (AFP): Dell shares were trading slightly higher Friday, a day after the US computer giant said it was setting aside 100 million dollars in connection with a fraud probe.
Dell shares were up 0.15 per cent to 13.09 dollars about two hours after the opening bell on Wall Street.
The Texas-based company said Thursday that it was in ongoing talks with the US Securities and Exchange Commission (SEC) in connection with its dealings with US computer chip giant Intel.
Dell said it had put aside 100 million dollars for a potential settlement of alleged violations of anti-fraud provisions of federal securities laws relating to accounting and financial reporting.
Dell shares were up 0.15 per cent to 13.09 dollars about two hours after the opening bell on Wall Street.
The Texas-based company said Thursday that it was in ongoing talks with the US Securities and Exchange Commission (SEC) in connection with its dealings with US computer chip giant Intel.
Dell said it had put aside 100 million dollars for a potential settlement of alleged violations of anti-fraud provisions of federal securities laws relating to accounting and financial reporting.