Sun Microsystems Inc. has reported a $147m loss, or 20 cents per share, in the three months ending June 30, which is Sun's fiscal fourth quarter, AP has reported. Sun has made a profit of $88m in the year-ago period. Oracle Corp. is set to takeover Sun in a $7.4bn deal,scheduled to be completed after approval from European antitrust regulators.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.