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Dell, Nvidia Profits Rise |
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Author: Elena Todorova
123jump.com
Last Update: 12:28 PM EST February 17 2006
Soaring oil prices, better-than-expected rise in wholesale prices and disappointing earnings outlook from Dell sent stocks lower. However, the computer maker reported 52% profit jump in Q4 on 13% revenue growth, beating estimates. Chipmaker Nvidia said Q4 net income almost doubled to 53 cents on 12% sales growth, exceeding expectations of 49 cents a share. |
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