The World: On An Ancient Sea, Europe Dreams And Schemes A Mediterranean Union where all are rich, none are immigrants. Looks great. Won?t happen.... Read Full Article Times Journalist Jonathan Clayton Released After Zimbabwe Ordeal Jonathan Clayton, The Times’s Africa correspondent, arrived safely in Johannesburg yesterday after being imprisoned, tortured and interrogated by the Zimbabwean security services.... Read Full Article Greenspan Says He Failed To See Mortgage Danger The former Federal Reserve chairman said in a television interview that he was aware of subprime lending practices, but didn?t initially realize the harm they could do.... Read Full Article News Analysis: Bush Shifts Terms For Measuring Progress In Iraq President Bush is focusing on new American alliances with the tribes that Washington once feared would tear Iraq apart.... Read Full Article Certifying Coffee Aids Farmers And Forests In Chiapas The rush to certify Mexican coffee is drawing an expanding list of players, including giant plantations and multinational traders.... Read Full Article |
Software Maker’s Earnings TripleVMware, reporting its first financial results since its big initial public offering, said third-quarter profit more than tripled on demand for software that makes computers more efficient. Net income was $64.7 million, or 18 cents a share, compared with $19.2 million, or 6 cents a share, a year earlier, the company said yesterday. Revenue increased 90 percent, to $357.8 million, surpassing the $333.9 million estimate of analysts in a Bloomberg survey. VMware, based in Palo Alto, Calif., dominates the market for so-called virtualization programs, software that lets computer servers run more than one operating system. Big companies use the products to save money on equipment, maintenance and energy. In trading yesterday, the shares fell $2.63, to $103.52, in the regular session. After the report, they rose $4.79, to $108.31, in extended trading. VMwares offering, which raised $1.1 billion, was the biggest initial issue in technology since Googles in 2004. VMwares parent company, EMC, still owns 86 percent of the stock. Tag CloudExternal InformationAdditional InformationWPP says ad market this year will be "better than 2007"...Does E-Mail Distract? Not if You Take Charge... Stocks Slide on Renewed Fears of Recession... ‘Bubble to burst for 30% overvalued homes’... Where Am I?News Main Page - Business - Software Maker’s Earnings Triple |
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