Dell delays filing of full 3Q results
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Computer and server maker Dell Inc. said Thursday it is delaying the filing of its full third-quarter results as the company and regulators continue to investigate some of its accounting practices.
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(InfoWorld) - The Nasdaq stock market has granted a request from Dell toÂ extend a deadline for filing late reportsÂ with the U.S. Securities and Exchange Commission, the company announced. Dell now has until July 16 to file its past three quarterly earnings reports, called Form 10-Qs, and its annual report, Form 10-K, but the company will ask for more time as it continues an investigation into past accounting practices, said David Frink, a company spokesman. Nasdaq has warned that the company could face delisting for the delinquent reports. Asked what could happen if Nasdaq does not extend the deadline again, Frink said, "I'm not going to speculate on that." Dell has "every reason to believe" Nasdaq will review the request, and past precedence exists for an extension, he said. The SEC began an investigation into Dell's accounting practices last year, and the U.S. Attorney for the Southern District of New York has begun an investigation as well. Dell launched an internal audit and foundÂ evidence of misconduct and accounting errors. The company continues to comply with the SEC investigation, Frink said Thursday. The company is moving toward a conclusion of its internal investigation, he added. Nasdaq officials were not immediately available for comment on the Dell extension.
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Dell said Monday that it would delay the filing of its 10-Q report with the Securities and Exchange Commission, possibly setting the company up for a delisting notice by the NASDAQ in the coming days.
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US food company Interstate Bakeries has said that it has had to delay filing its fiscal year report. The company had previously obtained an extension to last Friday for filing its Fiscal 2004 Form 10-K with
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Symbol Technologies SBL.N, a bar  code scanner and handheld computer maker, said on Monday it  will delay filing its third-quarter results, and it revised  downward results for the first nine months of the year because  of errors in how inventory levels were reported.
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Still gasping fromÂ the resignation of its chief executiveÂ in January andÂ an ongoing investigation of its accounting practices, Dell reported fourth quarter profits of $673 million, down sharply from the $1 billion it reported for the same period last year.
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Nortel Networks, one of the one of the worldâs biggest telecoms equipment makers, has again delayed filing its restated financial results, mainly because of revenue reporting issues, the company said Thursday.
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Yesterday's release by Dell Computer of very preliminary earnings numbers for its previous fiscal quarter may give investors at least a handful of data to help them understand the turmoil from which it may be recovering...if it is recovering. The company doesn't appear to be hemorrhaging, and there seems to be at least some good news. But it's hard not to keep seeing question marks and unresolved issues.
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SAN FRANCISCO/SEATTLE  - Dell Inc. DELL.O on  Thursday reported a higher quarterly operating profit, but slow  holiday sales and a new growth target that disappointed Wall  Street sent its shares down 3 percent.
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Dell  said on Friday it  received a letter from Nasdaq saying the computer maker was not  in compliance with listing requirements because it was late in  filing its fiscal third-quarter report.
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Dell is in the final phases of an internal audit of its finances, the company said Thursday as it told the U.S. Securities and Exchange Commission it will delay filing an audited earnings report for the fourth consecutive quarter.ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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Symbol Technologies said today that it will delay filing its third-quarter results for two weeks, and it revised results for the first nine months of the year downward by $13.3 million because of errors in how inventory levels were reported.
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By Crayton Harrison, The Dallas Morning News  Dec. 16--Dell Inc. is awaiting a panel's decision on whether its stock will continue to be listed on the Nasdaq stock market, the company said Friday.
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Likely to miss SEC deadline, could de-listing follow? Dell will once again hold back filing its 2007 financial statements to the US Securities and Exchange Commission (SEC) because it is yet to complete an internal investigation into its accounting practices.â¦
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Dell Inc. Tuesday pointed to its adoption of processors from Advanced Micro Devices Inc. (AMD) for pushing it to US$677 million in profit for the third quarter, though the company has delayed reporting final numbers due to an accounting investigation by the U.S. Securities and Exchange Commission (SEC).
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Dell Inc, the number two PC maker in the world, said it had received a notice from the Nasdaq Stock Exchange that it is not in listing compliance because of its delayed fiscal third-quarter report.
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With the prospect of substantial financial corrections still looming over Dell Computer, analysts late yesterday were given a preliminary fourth-quarter fiscal year 2007 earnings report, on top of a recently issued third-quarter report that still remains preliminary. Those who were able to do the math for themselves came to a daunting conclusion: Dell's not growing.