Monthly Archives: July 2002
PeopleSoft Turns A Profit
E-business and enterprise resource planning software maker PeopleSoft Inc. reported second quarter earnings today that, while positive in comparison to competitors, showed an $11.4...
Study: Outsourced HR Growing
In a study released today, The Conference Board Inc. found that the practice of human resources outsourcing is big and growing.Possibly the next big...
Nortel Narrows Its Losses
Nortel Networks Corp. continued to narrow its losses in the second quarter, though the networking vendors revenues continued to fall.Net losses for the three...
Gateway Posts Larger Than Expected Loss
Direct PC marketer Gateway Inc. reported a larger loss than expected as the company continues to stumble amid an industry-wide downturn in demand and...
McData Earnings Exceed Expectations
McData Corp., the second-biggest storage switch maker after rival Brocade Communications Systems Inc., reported better than expected second quarter revenues Thursday of $77.3 million,...
After Year in Red, Sun Posts Profit
Workstation and server maker Sun Microsystems Inc. posted a modest profit today after four consecutive quarterly losses, but ended its fiscal year with a...
Transmeta Posts Loss; To Layoff 40 Percent
Low-power chip designer Transmeta Corp. posted another quarterly loss today and announced plans to lay off 200 employees, amounting to about 40 percent of...
Microsoft Revenues Jump 10 Percent
Microsoft Corp. saw fourth-quarter revenues jump 10 percent, to $7.25 billion, fueled in large part by high demand for its Windows XP operating system...
Rational Revenues Drop 13 Percent
Rational Software Corp., which makes software development tools, reported revenues for the first quarter of $152.5 million, a 13 percent drop from the $175.8...
Symantec Takes Laissez-Faire Approach
A day after shaking the security industry out of its summer doldrums by making three major acquisitions, Symantec Corp. officials said that for the...