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Dell Inc. (NASDAQ:DELL): Michael Dell, while speaking at a CEO roundtable at VMworld 2012, stated that PC sales have more than tripled since the term “post-PC” was first coined more than a decade ago. The outgoing CEO of VMware (NYSE:VMW), Paul Maritz, added, “I defy anyone to edit a PowerPoint presentation on a mobile phone,” to respond to questions regarding the decline of the PC in enterprises, reports CITEworld. The shares closed at $10.91, down $0.21 or 1.89% on the day. They have traded in a 52-week range of $11.10 to $18.36.
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Hewlett-Packard Comp (NYSE:HPQ): In India, PC sales have grown 17 percent to 2.9 million units during the June 2012 quarter, said Gartner, headed by Lenovo (LNVGY), Accer, HP, and Dell (NASDAQ:DELL), according to the Economic Times. The shares closed at $16.90, down $0.31 or 1.8% on the day. They have traded in a 52-week range of $17.16 to $30.00.
Vale S.A. (NYSE:VALE): On top of near-term issues harming earnings and cash flows at mining majors, the companies’ share could be weighed on by concern regarding whether a “supercycle” is closing following years of rising Chinese demand, reports the Financial Times. The shares closed at $16.56, down $0.12 or 0.72% on the day. They have traded in a 52-week range of $16.64 to $28.41.
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