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Posted January 5, 2013 by Elaine Plaentie in Business
 
 

Shares of Dell rise after upgrade from UBS- IBM, &, HPQ

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Northern, WI  1/5/2013 (Noeisstar) – Dell Inc.(NASDAQ:DELL) has boosted the price for its shares in more than four months subsequent to the hopefulness of enhancing the worth of its share price regarding computer creator’s innovative contribution for corporate clients by an analyst Steven Milunovich of UBS AG (USA)(NYSE:UBS).

This week the stock price has shown an increase of 9.7 percent and earned 2.5% to $10.94 during the close of New York Stock exchange. Since 27th August it replicated the maximum price.

The main objective of the company is to widen the clientele regarding corporate computing products as shared by the Dell’s president of enterprise solutions Mr. Marius Haas in conversation with Steven Milunovich of UBS AG (USA)(NYSE:UBS).

The Company is all set to grab some server markets from its core competitors which include Hewlett-Packard Company(NYSE:HPQ) and International Business Machines Corp.(NYSE:IBM) as the products designed or corporate consumers has shown a great perfection providing end to end solution. Dell Inc.(NASDAQ:DELL) has compiled together a striking range of enterprise technology. The company is also putting lots of effort in conferencing with top executives of many companies and has gained attention for the various product line such as integrated computer servers, networking gear, data-storage devices and software  as  shared and contributed  to a report by Steven Milunovich of UBS.

Since 2009, Dell Inc.(NASDAQ:DELL) has spent more than $12.7 billion on many acquisitions and now the company will target on various small and medium size deals to acquire tools which help its personal computers and servers as shared in the preceding month by the company’s founder Michael Dell . With the innovative launch of its Active system computers in October which proved successful allows to unite various functions inside a single chassis.

The company is managing to convert from being mere a supplier of computers to an innovator of many beneficial servers, corporate software, storage and networking gear.

The shares of Dell Inc.(NASDAQ:DELL)  is up by 0.27% to close at $10.97

The shares of International Business Machines Corp.(NYSE:IBM) is down by 0.66% to close at $193.99

The shares of Hewlett-Packard Company(NYSE:HPQ)  closed at $15.14

The shares of UBS AG (USA)(NYSE:UBS) is up by 0.44% to close at $16.07


Elaine Plaentie

 
Elaine Plaentier was reporter and asgnment editor of Gourmet magazine, where she has been on staff since 1999. During her time at Gourmet, Elaine has assigned and edited stories ranging from such topics as trans fats and Wal-Mart to the ethics of eating lobster and the plight of AIDS orphans in Uganda. An alumna of the Columbia University Graduate School of Journalism, where she graduated with honors in 1998, she also coordinates Gourmet’s annual city issues and oversees features dealing with travel, cooking, and the political, ethical, and social aspects of food production and consumption. In 2006, Elaine won a James Beard Journalism Award for her profile of Canadian chef Susur Lee. Prior to journalism school, she served as a Peace Corps volunteer in western Kenya.