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Sun 4Q profit falls 73 pct, beats view

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Sun Microsystems Inc.’s profit plunged 73 percent in the fiscal fourth quarter as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker. – (Sydney Morning Herald — 1 August, 2008)
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Sun Microsystemss profit plunged 73 percent as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker. (New York Times — 1 August, 2008)
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Sun 4Q profit falls 73 pct, beats view
Sun 4Q profit falls 73 pct, beats view

Sun Microsystems Inc.’s profit plunged 73 percent in the most recent quarter as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker. – (Sydney Morning Herald — 2 August, 2008)
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Sun Microsystems Inc. says its fiscal fourth quarter profit plunged 73 percent as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker. – (Sydney Morning Herald — 1 August, 2008)
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Slumping sales to big American companies and reorganization charges weighed on the server and software maker. (New York Times — 2 August, 2008)
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Sun Microsystems Inc. said Friday it is expanding its stock buyback program by $1 billion, an indication that the server maker believes its slumping shares are undervalued. – (Sydney Morning Herald — 2 August, 2008)
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Shares of Sun Microsystems Inc. tumbled 13 percent Friday after the server and software maker offered up worse-than-expected guidance that reflects the company’s dangerous reliance on U.S. sales in a bumpy economy. – (Sydney Morning Herald — 2 August, 2008)
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Sun fell more than 12 percent in early morning trading, as the company posted declining fourth quarter results amid a slowing U.S. economy. (CNET News.com — 2 August, 2008)
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Quest Software Inc., which makes software used to manage programs and data over networks and the Internet, said Tuesday its second-quarter profit rose slightly though it missed analyst expectations. – (Sydney Morning Herald — 11 hours ago)
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Cisco Systems Inc. reported a 4 percent increase in quarterly profit Tuesday, beating analysts’ expectations by a penny per share, but signaled that the weak economy would affect results in the next few quarters. – (Sydney Morning Herald — 14 hours ago)
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Allscripts Healthcare Solutions Inc. reported a 60 percent drop in second-quarter profit Tuesday, though its adjusted results beat Wall Street’s expectations. – (Sydney Morning Herald — 12 hours ago)
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