Sun Microsystems, a company whose chief executive has long opposed treating stock option grants as an expense, is in the process of introducing the accounting measure.
Because of regulatory requirements, Sun will introduce the stock option accounting Nov. 1 when it reports results for its fiscal 2006 first quarter, which ended Sept. 30.
Merrill Lynch analyst Richard Farmer said in a research note Thursday that he expects the accounting change to reduce Sun's earnings by 2 cents per share to a loss of 4 cents. His projections forecast Sun performance below average expectations for the quarter, a loss of 1 cent per share. But Banc of America Securities analyst Keith Bachman said Thursday he expects Sun to meet that consensus expectation.
Google creates an animated doodle that features a boy, a girl, Google's search engine, and a jump rope. But might there be darker, more analytical, more troubling interpretations to this tale?
When the sun goes down, that's when the iPad gets busy for folks with news readers. The iPhone? It's more of a daytime habit. If you're building an app for both devices, heed the lesson.
EnerG2 opens a plant to make an engineered carbon that will improve performance of energy storage devices and make storage for start-stop hybrid cars less expensive.
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