CEO Jonathan Schwartz has been the chief executive officer of Sun Microsystems Inc since 2006. He is 40 years old. Follow Mr. Schwartz and Sun Microsystems Inc in the news and blogs or share your own opinion about the company and its...
[more]
CEO Jonathan Schwartz has been the chief executive officer of Sun Microsystems Inc since 2006. He is 40 years old. Follow Mr. Schwartz and Sun Microsystems Inc in the news and blogs or share your own opinion about the company and its leadership.
Turning Waste Into Clean Energy ( EMAILWIRE.COM , December 16, 2009 ) Del Mar, CA – The rising cost of soybean oil which accounts for 90 % of all bio diesel fuel stock is causing the industry to look elsewhere for fuel stock. Cheap and plentiful animal fats is being seen as the next best way to go. About 5 000 000 000 kilograms of fat from chickens, cows and pigs is produced by the U.S. each year and enterprising scientists are looking for ways to use these waste product efficiently... Read Full Story
U.S. senators are pressuring European antitrust regulators to hurry their investigation of Oracle Corp.'s proposed acquisition of Sun Microsystems Inc., citing Sun's "precarious" financial condition and fears about more layoffs at the struggling computing company. A group of 59 senators outlined the concerns in a letter Tuesday to the European Commission, which has held up the $7.4 billion deal over worries that Oracle would be too dominant in the market for database software. Oracle is the... Read Full Story
A bipartisan group of US senators urged the European Commission on Tuesday to expedite its investigation into the proposed acquisition of Sun Microsystems by US business software giant Oracle. "Sun Microsystems' financial position has become more precarious and the Commission's inquiry has continued," the 59 senators led by Democrat John Kerry of Massachusetts and Republican Orrin Hatch of Utah said in a letter. "Accordingly, we respectfully request the European Commission complete its... Read Full Story
Fitch Ratings lowered its outlook for Sun Microsystems Inc. to "evolving" from "positive" on Tuesday after European regulators objected to Oracle Corp.'s plans to take over the company. Fitch said it would likely knock Sun's rating down by two notches if the deal falls apart. The company has a "BBB-" rating, one step above non-investment, or "junk" grade. The European Commission is worried that Oracle's $7.4 billion takeover bid could harm competition in the database market. Fitch noted the... Read Full Story
NEW YORK (Reuters) - Computer maker Sun Microsystems Inc <JAVA.O> suffered a 25 percent fall in quarterly revenue, as uncertainty over its delayed sale to Oracle Corp <ORCL.O> hurt its business. Lower operating expenses helped Sun Microsystems curb its fiscal first quarter loss to $120 million, or 16 cents a share compared with $1.68 billion, or $2.24 a share, a year earlier, according to a filing with the U.S. Securities and Exchange Commission. But revenue fell to $2.24 billion from $2.99... Read Full Story
AP – European Union regulators looked closer to approving Oracle Corp.’s takeover of Sun Microsystems Inc. when they said Monday that the company’s stated commitment to open-source database software was “an important new element.”
Read the original:
(AP)">
(AP)">
(AP)">EU signals could OK Oracle deal with no sell-off
(AP) Read Full Story
AP – European Union regulators looked closer to approving Oracle Corp.’s takeover of Sun Microsystems Inc. when they said Monday that the company’s stated commitment to open-source database software was “an important new element.”
See original here:
(AP)">
(AP)">
(AP)">EU signals could OK Oracle deal with no sell-off
(AP) Read Full Story
India news
iPodGod
5 hours ago
( http://us.rd.yahoo.com )
View profile
Category : Science/Tech
Reuters - EU regulators signaled they could clear Oracle Corp's $7 billion takeover of Sun Microsystems Inc, after the U.S. software company promised measures to ease competition concerns.
Tell a friend... Read Full Story
Thursday night I went to bed slightly profitable on both short trades. I had a thought to exit both before the close, ahead of the jobs report this morning. I should have known that Obama and company would not let the numbers appear any worse then 10.2% I moved my stop up on IDTI . It was not till I looked at the morning news did I see JAVA way up on news. I know allot of traders struggle with the same issues I do so here are a few thoughts about how this worked out for me today. LOSS JAVA... Read Full Story
Sun Microsystems Inc. plans to eliminate up to 3,000 jobs as it awaits a takeover by Oracle Corp., a deal that is being held up by antitrust regulators in Europe. The layoffs Sun outlined Tuesday in a regulatory filing amount to about to 10 percent of the company's 29,000 workers and will happen over the next year. They are the latest rounds of cuts at the struggling server and software maker, which reached the $7.4 billion deal with Oracle in April after nearly a decade of wobbly financial... Read Full Story
