Dell Reports Solid Earnings and Revenues
Dell Technologies reported a 21% rise in Q3 revenues to $28.4bn and a 341% rise in net income to $3.9bn. The PC maker saw continued growth in high-value segments, including commercial PCs, high-end consumer and gaming. It achieved its highest YoY PC share gain with...
Dell Upgraded to BBB by Fitch
Dell Technologies was upgraded to BBB from BBB- by Fitch. The upgrade comes on the back of Dell’s stronger credit profile thanks to the use of cash flow/net proceeds from the tax-free spin-off of VMware and reducing debt by $6.5bn in the fiscal YTD alongside...
Dell Emerges as Rising Star After Two-Notch Upgrade to IG Status at BBB by S&P
American tech major Dell Technologies Inc. received a two-notch upgrade to BBB from BB+ by S&P on Wednesday. The S&P upgrade makes Dell a rising star, a title given to companies whose ratings have been upgraded to investment grade from junk by at least two of...
