| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Tuesday, May, 22 | |||||||
| Markets ended flat today. | |||||||
| Direction | Change | Units | |||||
| Dow | Up | 10 | points | 12,494 | 1:19 PM | ||
| S&P500 | Up | 0.05% | percent | 1,317 | |||
| Nasdaq Composite | Down | -0.29% | percent | 2,839 | |||
| 30 Year Treasury | Up | 9.8 | basis points | 2.89 | |||
| Shares of Dell Inc. tumbled late Tuesday after the computer maker posted quarterly results that fell below expectations, with the company’s chief financial officer pointing to challenges in its business. DELL stock was down more than 12%. The company reported a fiscal first-quarter profit of $635 million, or 36 cents a share, compared with a profit of $945 million or 49 cents a share for the year-earlier period. | |||||||
| German enterprise software maker SAP said it will acquire cloud-based business commerce network Ariba for about $4.3 billion in a deal that will significantly expand SAP’s cloud offerings. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/dell-shares-fall-on-disappointing-results-2012-05-22 | |||||||
| http://www.marketwatch.com/story/sap-to-buy-ariba-for-43-bln-in-cloud-bid-2012-05-22 | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||
| Short Link> | http://wp.me/p2lo3H-lC | ||||||