Sun Looks to Wall Street in a Comeback Bid
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Long given up for dead (or dying), Sun is turning its own business on its head by offering to integrate many different systems.
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When Wall Street gets back to work this week after the Thanksgiving holiday, the focus will be on jobs and retail sales.
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With Wall Street falling precipitously almost by the day, investors are asking what it will take to revive it. Market experts are increasingly coming to the same answer: Time.
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Sun Microsystems Inc.&#39;s plan to give away the latest version of its Solaris operating system highlights the technology giant&#39;s bid to roll back the gains of Linux in the corporate technology market, analysts say.
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After years of battling Microsoft Corp., Sun Microsystems Inc. has set its sights on Linux vendors, seeking to jump into a low-end but high-volume market it's been accused of ignoring.
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SunTrust Banks Inc. STI.N, the No. 7  U.S. bank, on Monday said it expects to restate first- and  second-quarter profit higher, changing how it accounts for loan  losses. It also said it put some finance executives on paid  administrative leave.
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Sun Microsystems Inc. SUNW.O on  Sunday introduced the long-awaited next version of its  operating system, Solaris 10, which the network computer maker  is betting on to help bring itself back to sustained  profitability.
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Wall Street was set for a flat start on  Thursday but stellar results from Apple Computer AAPL.O will  underpin the technology sector ahead of earnings from network  computer maker Sun Microsystems SUNW.O.
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Credit Suisse First Boston raised estimates and the target price on Sun Microsystems (nasdaq: SUNW - news - people ) after the company broke even on per-share, pro forma basis for the fiscal first quarter.
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It is back to business for U.S.  initial public offerings and time to see if the market for new  issues can pull out of its end-of-summer slump.
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Wall Street is hoping its traditional year-end "Santa rally" will pick up steam in the week ahead.
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Sun Microsystems is asking investors to approve a 1-for-4 reverse stock split.
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Wall Street stocks were set for a rebound on Wednesday, as some traders were on the look-out for bargains following sharp falls in the leading indices on Tuesday.
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Struggling Sun Microsystems will try to show next month that it still has a lot of friends in the financial community. On Sept. 21, the Mountain View, Calif.
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Stock markets in the United States, Europe and Asia staged a comeback Tuesday, gaining tentative ground in the wake of sharp declines, but analysts warned the turnaround could be shortlived.
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The decision by Sun to buy MySQL for $1 billion could allow Sun to to expand MySQL's reach and give database giant Oracle some new competition.
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In doing some reporting for Sun&#39;s Solaris 10 announcement Monday, I asked some analysts for their thoughts on Sun&#39;s overall Solaris vs.