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Dell Profit Declines 5% Amid Computer Sales Slump

Computer maker Dell (DELL) posted a 5% decline in fiscal third quarter profit, suffering from a slump in computer sales around the world. For its third quarter, Round Rock, Texas-based Dell posted net income of $727 million, compared to $766 million in the year earlier third quarter. The computer maker bought back shares during the last year which resulted in its EPS climbing 9% to 37 cents a share. Analysts, according to Thomson First Call had expected Dell to weigh in with earnings of 31 cents a share

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Microsoft CEO: 'Very Open' to Yahoo Search Deal

Microsoft is no longer interested in pursuing a Yahoo buyout, but they are open to a search deal, the company's CEO said Wednesday.

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Sony Electronics President Sees Some Holiday Optimism

While the consumer electronics market is bracing for a tough holiday season this year, Sony Electronics President and Chief Operating Officer Stan Glasgow said will be some areas that see pockets of strength. Glasgow pointed to Sony's Digital SLR cameras, its Blue Ray video players and LCD TVs as products that will see growth this holiday season.

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