Dell second-quarter profit declines

Computer maker Dell Inc. said Thursday its fiscal second-quarter profit fell 17 percent, hurt in part by lower prices and restructuring charges. The earnings were short of Wall Street estimates and Dell shares plunged.

By: By The Associated Press, The Jamestown Sun

For the three-month period that ended Aug. 1, Dell’s earnings dropped to $616 million, or 31 cents per share, from $746 million, or 32 cents per share in the same period last year.