13 Sep 06. Dell to Delay Filing, Suspend Share Buyback. Dell Inc. said it is delaying the filing of its latest quarterly report with the Securities & Exchange Commission amid an expanded government probe of the computer maker’s accounting. The PC maker also said it’s suspending share repurchases and postponing a meeting with analysts that was to have been held Wednesday. Shares of Dell fell 77 cents, or 3.5% to $20.88 in trading on the Nasdaq Stock Market. Dell said it is unable to file its 10-Q report for the quarter ended Aug. 4 because of questions raised in connection with the recently disclosed informal probe of the company’s accounting by the SEC. The Round Rock, Texas, company said the SEC requests for information have been joined by a similar request from the U.S. Attorney for the Southern District of New York, who has subpoenaed documents related to Dell’s financial reporting from 2002 to the present. (Source: WSJ)
14 Sep 06. The Board of Directors of Dassault Aviation met on September 13, 2006, chaired by Charles EDELSTENNE, to approve the financial statements for the 1st half of 2006.
2006 first half results main figures:
Consolidated orders amounted to €1,83bn.
Consolidated sales amount to € 1,41bn.
Consolidated operating profit amounts to €156m. It accounts for 11,1% of consolidated half-year sales.
Consolidated net profit (total Group and net attributable Group profit) amounts to €126m. It accounts for 8,9% of consolidated half-year sales.
Net consolidated earnings per share is €12.4 as of June 30th, 2006.
14 Sep 06. Deltek, the leading provider of enterprise management software for project-focussed organisations, has acquired C/S Solutions, the world’s principal producer of business intelligence tools for the earned value management (EVM) marketplace. The acquisition of C/SSI extends Deltek’s lead in the enterprise project management sector by incorporating powerful EVM analytics delivered by C/SSI’s wInsight™ software with Deltek’s own advanced EVM engine, Deltek Cobra™ — creating the most complete industry-leading EVM solution on the market. C/SSI wInsight is regarded as the established standard for government agencies in analysing EVM data from government contractors, while Cobra is the leading system for managing project costs, measuring earned value, and analysing budgets, actuals and forecasts. wInsight enables government contractors and agencies to increase their effectiveness in meeting mandated government project portfolio management (PPM) and EVM requirements, while providing superior integration between wInsight and Cobra. C/SSI customers include virtually every aerospace and defence contractor, including market leaders such as Lockheed Martin, Boeing, Northrop Grumman and Raytheon. The acquisition will add more than 500 customers to Deltek’s existing base of 11,000 clients, including several government agencies.
Sep 06. New truck filters supplier. Filtration Control Ltd, which says it is the UK’s largest distributor of filtration products to the bus industry has launched a new truck division. This will supply high quality filters from firms like Fleetguard, Mann and Hummel and Hengst directly truck operators. ‘This is a fantastic opportunity to bring high quality, original equipment products to the truck aftermarket” says Stacy Norville, sales manager. ‘We’re proud of our 25 year reputation and next day delivery service and look forward to winning new business with hauliers.’ The firm says it has sole supplier deals with First Group, Stagecoach and Arriva and has just signed with GreenChem to deliver AdBlue in bulk. (Source: Transport News Brief)
13 Sep 06. BAE stresses defence growth. BAE Systems continued to build on the successes of 2005 with further good progress in the first six months of 2006. The results reflect good programme execution and schedule adherence in the businesses together with the benefit of sound implementation of Group strategy.
Sales for t