Weak sales and outlook sink Dell
Jon "DRJ" Najarian | [email protected]
Dell's per-share earnings beat expectations in the second quarter, but that was the only good news! Revenue was just $14.5 billion, less than the $14.64 billion expected by analysts. It also forecast third-quarter sales would decline from the second quarter, while the Street had expected an increase. DELL is lower by 6 percent before the bell on my tradeMONSTER platform.
Career Education Loses Chief Financial Officer
Career Education announced its chief financial officer, Michael Graham, is moving on in his own career. That's bad news for a company already struggling against weak enrollments. CECO drops 8 percent on the news.
Williams-Sonoma Remains in Growth Mode
Williams-Sonoma earned $0.43 a share on revenue of $874.3 million. Analysts had only expected $0.41 and $864.35 million, respectively. Management also raised guidance and outlined overseas growth plans. WSM rallies 9 percent in the premarket.