As Oracle prepares to buy it, Sun's loss widens on a 20-percent sales dropApril 29th, 2009 As Oracle readies takeover, Sun's loss widensSAN FRANCISCO — Sun Microsystems Inc.'s loss ballooned in the latest quarter as restructuring charges and a 20 percent drop in sales compounded the financial woes Oracle Corp. is set to inherit by acquiring Sun for $7.4 billion.
Sun posts $147M loss for the April-June quarter as Oracle takeover loomsAugust 29th, 2009 Sun posts $147M loss as Oracle deal loomsSAN FRANCISCO — Server and software maker Sun Microsystems says it lost $147 million in the April-June period as sales dropped 31 percent. The numbers reflect what might be Sun's last full quarter as an independent company.
Preparing for Oracle buyout, Sun Microsystems expects quarterly results below estimatesJuly 14th, 2009 Prepping for Oracle, Sun predicts weak resultsNEW YORK — Sun Microsystems Inc. projected quarterly results below Wall Street estimates Tuesday, signaling it will clear some charges off its books ahead of its $7.4 billion acquisition by Oracle Corp.
Sun absorbs $147M loss in sign of choppy finances that forced sale to OracleAugust 29th, 2009 Sun absorbs $147M loss as Oracle deal loomsSAN FRANCISCO — Sun Microsystems Inc. recorded a $147 million loss while sales eroded 31 percent in the April-June period, likely the server and software maker's last full quarter as an independent company.
Oracle profit rises 4 pct, matching Street views, despite 5 percent sales dropSeptember 16th, 2009 Oracle net rises 4 pct, matching Street viewsSAN FRANCISCO — Oracle Corp. says its quarterly profit rose 4 percent despite a 5 percent drop in sales.
Sun Microsystems expects fiscal 4th-quarter results below Wall Street estimatesJuly 14th, 2009 Sun Micro expects 4Q results below estimatesSANTA CLARA, Calif. — Sun Microsystems Inc.
Oracle sales down as businesses tighten beltsSeptember 16th, 2009 SAN FRANCISCO - Business software maker Oracle reported a 5 percent decline in quarterly revenue Wednesday as businesses held off on buying new software. The Silicon Valley company said its sales dropped to $5.1 billion, but the company managed to increase profits by 8 percent to $1.1 billion, compared to $1.07 billion in the year-ago quarter.
Spherix's 2nd-quarter loss widens on increase in operating expensesAugust 17th, 2009 Spherix 2Q loss widens on higher costsBETHESDA, Md. — Spherix Inc., a provider of biotech and information technology services, said Monday its second-quarter loss widened on higher operating expenses.
Seagate, Ford, Liz Claiborne, Bank of America, Macy's among big market movers WednesdayMay 13th, 2009 Seagate, Ford, Liz Claiborne are big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Seagate Technology, down 36 cents at $6.98
The maker of hard drives cut 1,100 jobs, 2.5 percent of its workforce, as part of a restructuring aimed at saving $125 million a year. Ford Motor Corp., down 5 cents at $4.96
Shares of the auto maker declined again after it annoucing a public stock offering of 300 million shares.
Fairpoint Communications posts 2nd-quarter loss on hefty debt swap charges, lower salesAugust 6th, 2009 Fairpoint Communications posts 2Q loss of $17.8MCHARLOTTE, N.C. — FairPoint Communications Inc.
AMD posts deeper 1Q loss of $416 million, shares fall but Remains HopefulApril 22nd, 2009 AMD posts deeper loss, shares fall
SAN FRANCISCO — Advanced Micro Devices Inc.'s loss widened in the first quarter as demand and prices for its microprocessors slumped and charges for the biggest restructuring in the company's 40-year history took their toll. Its shares slipped 5 percent in after-hours trading on disappointing guidance.AMD reported after the market closed Tuesday that it lost $416 million, or 66 cents per share, in the opening three months of the year.
Tech Target loses $543,000 in second quarter as revenue slides; restates first quarter figuresAugust 18th, 2009 TechTarget loses $543K in second quarterNEEDHAM, Mass. — TechTarget Inc.
EMC 1Q profit sinks 23 pct on charges, weak data-storage spending; sales miss expectationsApril 23rd, 2009 EMC 1Q profit drops 23 pct, sales miss viewSAN FRANCISCO — EMC Corp.'s first-quarter profit dropped 23 percent on weakness in data-storage spending, which until recently had been fairly resilient to the recession. CEO Joe Tucci predicted that slumping information technology spending "has reached or is very near the bottom" and should rebound in the second half of this year.
Oracle Aligns Itself More Closely With PHP DevelopersMay 23rd, 2005 Oracle integrates PHP scripting engine (dubbed "Zend Core for Oracle") with its 10g database and application server for building apps based on the open source development language. What remains to be seen is whether Oracle is shifting focus away from Java or just encompassing additional languages.
Oracle tops forecasts despite sales, profit dip; company blames stronger dollarJune 23rd, 2009 Oracle tops forecasts despite sales, profit dip
SAN FRANCISCO — Software maker Oracle Corp.'s results for its latest quarter topped Wall Street's forecast Tuesday, despite a 5 percent drop in sales and a 7 percent decline in profit. The company blamed the declines on the effects of a stronger dollar — which makes deals done in other currencies translate into fewer greenbacks.
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