Sun revenue down in Q4, but tax windfall helps income

All the week's financial news, 07/27/05
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Network World's Financial News Alert

Sun revenue down in Q4, but tax windfall helps income, 07/26/05

Sun's quarterly revenue continued its decline in the fourth
quarter, but the company posted a profit on a one-time tax
benefit, Sun announced Tuesday.
<http://www.networkworld.com/nlfinancialnewsa3967>

Cisco to acquire Sheer Networks for $97 million, 07/26/05

Cisco Tuesday announced it has agreed to acquire Sheer Networks,
which makes software designed to help service providers and
large enterprises manage complex networks.
<http://www.networkworld.com/news/2005/072605-cisco-sheer.html>

CA acquires e-mail security vendor Qurb Inc., 07/26/05

Computer Associates International Inc. Tuesday bolstered its
security software product line by acquiring e-mail security
software vendor Qurb Inc.
<http://www.networkworld.com/news/2005/072605-ca-qurb.html?nl>

BellSouth profits slide 20%, 07/25/05

BellSouth's earnings dropped 20% in the second quarter due to
the integration costs of Cingular Wireless's acquisition of AT&T
Wireless.
<http://www.networkworld.com/nlfinancialnewsa3968>

India's Wipro loses yet another senior executive, 07/25/05

Wipro, India's third-largest software and services outsourcing
company, Sunday announced that Rich Garnick, the company's head
of America sales, has resigned from his position. The
announcement marks the third departure of a senior executive
from the ...
<http://www.networkworld.com/nlfinancialnewsa3969>

SBC net income dips, but revenues increase, 07/21/05

SBC Thursday reported net income of $1 billion for the second
quarter of 2005, down 14.4% from the second quarter of 2004.
<http://www.networkworld.com/news/2005/072105-sbc-earn.html?nl>

SAP revenue and income rise on software sales, 07/21/05

SAP reported a rise in net income and revenue for the second
quarter, driven by increased sales of its enterprise resource
planning software in the Americas and Asia.
<http://www.networkworld.com/nlfinancialnewsa3970>

Microsoft Q4 growth stemmed from servers, Xbox, 07/21/05

Microsoft posted solid growth for its fiscal fourth quarter
2005, highlighted by sales of server software. Revenue for the
software maker's quarter ended June 30 was $10.2 billion, a 9%
increase over the same period last year, when Microsoft earned
$9 ...
<http://www.networkworld.com/nlfinancialnewsa3971>

HP cuts four research projects from R&D budget, 07/21/05

Despite HP's commitment to keeping its investments in research
and development intact following the announcement of 14,500 job
cuts, the company has decided to cut four research projects from
its HP Labs organization, a company spokesman confirmed ...
<http://www.networkworld.com/news/2005/072105-hp-cuts.html?nl>

The top 5: Today's most-read stories

1. 2005 Salary Survey
<http://www.networkworld.com/nlfinancialnewsa3972>

2. Cisco to acquire Sheer Networks for $97 million
<http://www.networkworld.com/nlfinancialnewsa3973>

3. Verizon joins managed security game
<http://www.networkworld.com/nlfinancialnewsa3974>

4. Schools battle personal data hacks
<http://www.networkworld.com/nlfinancialnewsa3976>

5. Help Desk: NAT firewall
<http://www.networkworld.com/nlfinancialnewsa3977>

Today's most forwarded story:

Verizon joins managed security game
<http://www.networkworld.com/nlfinancialnewsa3978>
_______________________________________________________________
To contact:

Contact Online News Editor Jeff Caruso at
<mailto:jcaruso@nww.com>
_______________________________________________________________
This newsletter is sponsored by Ciena
Protect your business and manage the financial health of your
network...

by reducing costs through bandwidth optimization techniques and
optimum flexibility. Safeguarding your data, achieving
regulatory compliance, and ensuring high availability have one
thing in common - a secure, high-performance network that
connects your data centers locally (MAN) and long distance (WAN)
for the highest protection. See what connectivity options
available to you today to meet the demands of tomorrow, download
Ciena's "Storage Extension Network Solutions Between Data
Centers" white paper.
http://www.fattail.com/redir/redirect.asp?CID=109006
_______________________________________________________________
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