DELL Dell cuts guidance, will take $450 mln charge, look to streamline business Co issues downside guidance for Q3 (Oct), sees non-GAAP EPS of $0.39 vs. $0.40 Reuters Estimates consensus; sees Q3 (Oct) revs of approx $13.9 bln vs. 14.3 bln consensus. Co comments "shortfall in revenue versus previous guidance was driven in part by the company's U.S. consumer and U.K. businesses, which fell short of expectations. The company continues to refocus on higher value products and services while optimizing profitability". Co also says it will take a Q3 charge of approx $450 mln, more than $300 mln of shich is associated with "cost of servicing systems that included a vendor part that failed to perform to Dell's specifications. This issue is limited to a small percentage of previous generation OptiPlex desktop systems". Charge also includes costs of workforce realignment, product rationalizations and excess facilities, actions are designed to streamline the business to improve operating efficiency.