| | Dell revenue disappoints, shares slide | SAN FRANCISCO (Reuters) - Dell Inc warned of a "challenging" second half for computer sales and posted quarterly revenue below Wall Street forecasts, sending its shares down almost 5 percent. | | | | | | Glencore says $30 billion Xstrata deal "not a must-do" | LONDON (Reuters) - Glencore's $30 billion bid for miner Xstrata is not a "must-do deal" its chief executive said on Tuesday, in making the company's strongest suggestion yet that it will not yield to key shareholder Qatar's demands for an improved offer. | | | | | | Best Buy suspends profit outlook, share buybacks | (Reuters) - Best Buy Co Inc suspended giving a profit outlook and conducting share buybacks for the rest of the year, as it looks to give its newly named chief executive a chance to understand the business. | | | | | | Another risk officer in JPMorgan "Whale" trade retains lawyer | NEW YORK (Reuters) - Another JPMorgan Chase & Co risk manager, who worked for a division that lost at least $5.8 billion on a series of complex derivatives trades, has hired a lawyer in connection with probes into the so-called "London Whale" trading debacle, according to sources familiar with the investigations. | | | | | | Regulator streamlines foreclosure prevention program | WASHINGTON (Reuters) - The regulator for Fannie Mae and Freddie Mac streamlined one of their foreclosure prevention programs in order to make it easier for troubled homeowners to sell their homes for less than what they owe the banks. | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
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