Hardware
Sun said that sales outside the U.S. were strong, with double-digit revenue growth in key emerging markets like India and Brazil. But international sales were not enough to offset the weakness in the U.S. market which accounts for roughly 40% of Sun's revenue.
Sun posted a loss of $34 million, or 4 cents a share, in the fiscal third quarter. The results included a 4-cent-a-share charge related to its acquisition of MySQL. At this time last year, Sun earned net income of $67 million, or 7 cents a share. Analysts had expected Sun to earn 18 cents a share, but it wasn't immediately clear what items the estimate included.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,419.86 | 1,313.32 | 2,837.36 | 16.25 |
Oil *
103.00
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DOWN
160.83 |
DOWN
19.10 |
DOWN
33.63 |
DOWN
1.06 |
10 Yr
1.62%
SPDR Gold
151.91
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-1.28%
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-1.43%
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-1.17%
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-6.12%
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