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.
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 warns of earnings below expectations in fourth quarterJuly 15th, 2009 SAN FRANCISCO - Sun Microsystems has warned that earnings would fall below expectations in the fourth quarter, which is also likely to be its last as an independent company. A Silicon Valley pioneer whose servers helped form the basis of the Internet and still power many large enterprises, Sun is close to completing a $7.38 billion sale to Oracle Corp after a series of huge losses pushed down its share price.
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.
Manhattan Associates posts second-quarter loss, suspends 2009 earnings outlookJuly 22nd, 2009 Manhattan Associates posts second-quarter lossATLANTA — Manhattan Associates Inc., which provides software and services that help companies manage inventory and supplies, posted a second-quarter loss Tuesday, though adjusted results easily beat Wall Street's expectations. For the period ended June 30, the company posted a loss of $556,000, or 2 cents per share, compared with a profit of $9.1 million, or 37 cents per share, in the year-ago period.
DemandTec posts deeper 1st-quarter loss as costs increaseJuly 2nd, 2009 DemandTec posts wider 1Q lossSAN CARLOS, Calif. — Price-management software company DemandTec Inc.
As Oracle prepares to buy it, Sun says its loss widened on restructuring, slumping salesApril 28th, 2009 Sun's loss widens on restructuring, slumping salesSAN 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.
MedAssets posts 2nd-quarter profit of $2.2 million as acquisition boosts revenueAugust 4th, 2009 MedAssets posts 2Q profit on sales boostATLANTA — Hospital software company MedAssets Inc. said Monday it posted a second-quarter profit, compared with a year-ago loss, as an acquisition boosted sales.
Justice Department wants more information about Oracle's takeover of Sun MicrosystemsJune 27th, 2009 Regulators extend review of Oracle's Sun takeoverREDWOOD SHORES, Calif — The Department of Justice wants more information about Oracle Corp.'s planned takeover of computer server maker Sun Microsystems Inc., extending the agency's review of the $7.4 billion deal. Software maker Oracle said in a statement Friday that the Justice Department has extended its initial 30-day review period to seek additional information.
EU says it must check that Oracle-Sun takeover won't hike prices for database softwareSeptember 3rd, 2009 EU opens probe into Oracle bid for SunBRUSSELS — European Union regulators have launched an antitrust probe into U.S. software maker Oracle Corp.'s takeover of Sun Microsystems Inc., saying the deal could mean higher prices and limited choice for database software.
Sun Microsystems' share of the server market slips as rivals exploit fears about Oracle dealSeptember 1st, 2009 Sun's server share hit as antitrust scrutiny loomsSAN FRANCISCO — Uncertainty about Sun Microsystems Inc.'s future appears to have contributed to serious erosion in the company's market share for computer servers in the latest quarter, according to new data being released Wednesday. The latest numbers from market-research firm IDC show that Sun's market share in servers stood at 10 percent in the second quarter, down more than a full percentage point from the same period last year.
Oracle, Sun link up for new database machine; in doing so, Oracle snubs HPSeptember 15th, 2009 Oracle, Sun link up for new product; HP snubbedSAN FRANCISCO — With the fate of its proposed $7.4 billion takeover of Sun Microsystems Inc. uncertain amid antitrust scrutiny, Oracle Corp.
Summary Box: EU applies brakes to Oracle-Sun deal on questions about database marketSeptember 3rd, 2009 Summary Box: EU applies brakes to Oracle-Sun dealSLOW DOWN: European Union regulators are launching a formal antitrust investigation into Oracle Corp.'s proposed $7.4 billion takeover of Sun Microsystems Inc. Oracle expected to complete the acquisition this summer, but European regulators now have until Jan.
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.
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.