| The KUIK Closing Market Report for Thursday, May 16: | |||||||
| Markets ended down. | |||||||
| Direction | Change | Units | Last | Time | Change | ||
| Dow | Down | (43) | points | 15,233 | 2:39 PM | ||
| S&P500 | Down | -0.50% | percent | 1,650 | (8.31) | points | |
| Nasdaq Composite | Down | -0.19% | percent | 3,465 | 23.82 | points | |
| 30 Year Treasury | Down | (7) | Basis Points | 3.09 | Annual Yield | ||
| Dell reported a large drop in net profit to $130 million, or 7 cents a share, compared with a profit of $635 million, or 36 cents a share, for the year-earlier period, or a decline of 79%. Revenue slipped to $14.1 billion from $14.2 billion. Adjusted profit was 21 cents a share. | |||||||
| Serving the West Side first I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/dell-profit-falls-79-missing-estimates-2013-05-16?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | |||||||