Dell
posts disappointing Q2 results
Dell Inc has posted disappointing second-quarter results.
Dell's second-quarter profit fell 36 percent to $605 million.
The
company is currently in the midst of a probe after a large
batteries recall. The company also announced an expanded
partnership to put Advanced Micro Devices Inc. computer
chips into a new line of Dell servers and desktop PCs
by next month.
In
its last earnings report in May, Dell said it would start
using AMD processors for specialized computer servers
used mainly by large businesses, ending a long-standing
exclusive relationship between with Intel, AMD's chief
rival.
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Cigarette
companies let off lightly
Washington: Cigarette makers in the US got out
of a potential jam with minor penalties, even though a
federal judge found them liable for violating racketeering
laws in a decades-long conspiracy to hide the dangers
of smoking.
U.S.
District Judge Gladys Kessler said the companies could
not be forced to fund a multibillion-dollar quit-smoking
campaign, as the government had sought. She said that
it is known that cigarette smoking causes disease, suffering,
and death. Inspite of internal recognition of this fact,
defendants have publicly denied, distorted, and minimized
the hazards of smoking for decades, she said in the 1,653-page
opinion.
However,
an appeals court ruling prevented her from slapping the
companies with costly remedies. She did manage to impose
some remedies, including ordering the companies to make
"corrective" public statements about the health
effects and addictiveness of smoking, and banning them
from describing cigarettes in ways that convey health
claims such as "low tar" and "light."
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