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Sun Microsystems Posts Narrower Loss In Q1
Friday November 06, 2009 19:58:00 EST
(RTTNews) - Friday, Sun Microsystems Inc. (JAVA) a computer server and software maker, reported a narrower loss in its first quarter, helped primarily by lower expenses as a result of the company's cost saving measures. Sun Microsystems is being acquired by database giant Oracle (ORCL), in a deal that has been prolonged for quite some time, primarily due to the European Commission going for an in-depth investigation into the deal.
Sun Microsystems, known for its UltraSPARC processor-based servers, Solaris operating system and and Java technology, was founded in 1982 by Stanford University graduate students Vinod Khosla, Andy Bechtolsheim and Scott McNealy. The name Sun was derived from the initials of Stanford University Network.
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Economic News
Friday November 06, 2009
- Macedonia's Jan.-Sept. Trade Deficit At US$1.61 Bln
21:41:00 EST - Treasury Economist: Unemployment Numbers Disappointing But Not Unexpected
16:32:00 EST - Consumer Credit Fell By $14.8 Bln In September
15:54:00 EST - Wholesale Inventories Fall Slightly Less Than Expected In September
10:37:00 EST - Wholesale Inventories Fell 0.9% In September
10:08:00 EST - *Wholesale Trade Inventories (September) Down 0.9%
10:01:00 EST
Global Market News
Friday November 06, 2009
- European Markets Rise, Led By Banks, Miners - European Commentary
14:40:00 EST - Nuclear Energy Research Deal Signed At EU-India Summit
12:25:00 EST - India Forex Reserves Decrease
08:17:00 EST - India Forex Reserves Decrease
07:33:00 EST - Rico Auto 50-Day Strike Ends
07:12:00 EST - *India Forex Reserves At US$284.391 Bln As On Oct. 30 Vs. US$285.520 Bln AS On Oct. 23
06:58:00 EST
Industry News
Friday November 06, 2009
- Natural Gas Prices Extend Two-Month Low
17:29:00 EST - Stocks Finish Modestly Higher Despite Weak Jobs Report - U.S. Commentary
16:51:00 EST - Major Averages End Choppy Trading Day Modestly Higher
16:26:00 EST - Gold Stocks Continue To Lead Modest Gain For TSX - Canadian Commentary
15:13:00 EST - Major Averages Lingering Near Unchanged Line Going Into Final Hour
14:59:00 EST - Stocks Little Changed In Mid-Afternoon Trading - U.S. Commentary
14:43:00 EST
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Major Indices
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| Desc | Last | Change (%) | |
| DOW | 10,023.42 | 17.46 (0.1745%) | |
| NASDAQ | 2,112.44 | 7.12 (0.33819%) | |
| S&P 500 | 1,069.30 | 2.67 (0.25032%) | |
| Russell 2000 | 580.35 | -0.80 (-0.13766%) | |
| DOW Transports | 3,852.47 | 41.18 (1.08047%) | |
| DOW Utilities | 369.93 | -0.11 (-0.02973%) | |
General News
Saturday November 07, 2009
- Seven Afghan Security Force Members Die In NATO Air Strike
11:28:00 EST - Clinton To Begin Europe-Asia Tour Sunday
08:40:00 EST - Obama Delays Japan Tour By A Day
07:05:00 EST - 11 Missing In Russian Military Plane Crash
03:43:00 EST