Slumping personal computer maker Dell is selling itself for $24.4 billion to its founder and a group of investors that includes Microsoft. It's the largest deal of its kind since the Great Recession dried up financing for risky maneuvers like this.
You won't find too many fans of HP stock right now, after last week's announcement about the death of the TouchPad. But PC makers are going through a rough patch in general, as consumers turn to tablets and businesses embrace the cloud. Here's why HP is still a decent bet -- and in better shape than a certain competitor.
After PC buying stalled during the recession, it's time again to replace those old machines. Such buying kicked in during the second quarter, and it's buoying expectations that Dell's sales and earnings growth will regain badly needed vigor.