Sun 4Q profit falls 73 pct, guidance hurts stock
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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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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.’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 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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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 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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Computer Sciences Corp. cashed in on rising demand for its technology consulting services to boost its fiscal first-quarter profit by 12 percent, topping analyst estimates. – (Sydney Morning Herald — 12 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 — 13 hours ago)
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Priceline.com Inc. boosted its full-year earnings guidance on Tuesday after reporting a 56 percent increase in second-quarter profit. – (Sydney Morning Herald — 12 hours ago)
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Priceline.com Inc. said Tuesday that second-quarter earnings surged 56 percent, however the online travel company noted some weakness in its international bookings and rental car business and shares dropped in after-hours trading. – (Sydney Morning Herald — 12 hours ago)
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