Stocks, Computers | featured news

A rare earnings miss for IBM tugged the Dow Jones industrial average lower on Friday, while the rest of the market headed toward slight gains after a turbulent week. Quarterly earnings for the country's largest provider of computer services fell short of forecasts for the first time since 2005.Read more on NewsOK.com

Shares of Dell rose more than 12 percent early Monday afternoon after Bloomberg News reported that the personal computer maker was in talks with at least two private equity firms about going private.

We estimate Dell will sell around 700,000 tablets in 2011, capturing nearly 5% of Android tablets sold in the market, and will increase sales to close to 2.3 million units by 2013.

Industrial and technology stocks pulled the market sharply higher Tuesday after Boeing Co. said it was boosting production and an industry group forecast that demand for computers would increase.

Santa arrived early for Apple Inc. shareholders: The stock surged $6.94, or 3.4%, on Thursday to close at a record high of $209.04. That topped the previous closing high of $207 on Nov. 17.

The buzz continues to build about the company's widely anticipated -- albeit unconfirmed -- tablet computer. The Financial Times reported that Apple has rented a stage at the Yerba Buena Center for the Arts in San Francisco in late January, most likely for a product announcement.

Internet retailer Newegg Inc. plans an initial public offering of stock worth up to $175 million, according to a filing with the Securities & Exchange Commission.