Sun Microsystems Narrows 1Q Loss
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Sun Microsystems Inc. returned to a loss in its fiscal first quarter as the server and software maker paid for its recent restructuring efforts and a settlement with Eastman Kodak Co.
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Gateway Inc. reported a narrowed net loss in the first quarter as it continues to restructure its operations and integrate its acquisition of eMachines. Still, the personal computer and electronics company posted a tiny operating profit -- its first in nearly three years.
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Sun Microsystems Inc. will offer utility computing services priced at less than a dollar per node per hour, it announced Tuesday.
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Solectron Corp., which manufactures electronics sold under other brands, reported a narrowed loss for its latest quarter as margins and revenue both improved from last year.
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The sporting goods retailer trims its quarterly loss and maintains its outlook.
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Sun Microsystems will acquire software company MySQL for $1 billion, the companies said.
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Qwest Communications International  Inc. Q.N on Tuesday reported a smaller quarterly loss as it  cut costs in its long-distance business.
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Dillard's Inc. (DDS.N) on Wednesday reported a narrower quarterly loss as the department store operator cut costs.
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Sun Microsystems on Thursday reported modest earnings that were in line with Wall Street expectations for its second fiscal quarter of 2005, which ended December 26, but the company fell short on the revenue side.
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Sun Microsystems Inc. SUNW.O on  Thursday reported a small quarterly net profit, reversing a  year-earlier loss, as narrower costs offset a slight revenue  decline.
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XM Satellite Radio Holdings Inc. , which has agreed to be acquired by rival Sirius Satellite Radio , posted a narrower quarterly loss as it trimmed costs, sending shares up 3 percent on Monday.
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Contract electronics manufacturer Solectron Corp. on Tuesday posted a narrower quarterly loss, helped by a 23 percent rise in revenue but issued a forecast at the low end
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Sirius Satellite Radio Inc.  said on Tuesday its quarterly net loss narrowed as revenue jumped on a sharp increase in subscribers to its fee-based service.
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SunTrust Banks restated its first- and second-quarter earnings on Monday because of an error in how the bank accounted for loss reserves.
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Sun Microsystems, buoyed by its first profitable quarter in more than a year and a half, said Tuesday it has a goal of generating an operating margin of 10 percent by its 2009 fiscal year.
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OCTOBER 14, 2004 (REUTERS) - SAN FRANCISCO -- Sun Microsystems Inc. today posted a narrower quarterly loss as revenue rose year over year for the second consecutive quarter after three years of declines, sending shares slightly higher.
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XM Satellite Radio Holdings Inc. , which is planning to merge with rival Sirius Satellite Radio , on Monday said its quarterly loss narrowed as it trimmed costs related to growing its base of subscribers.