All the week's financial news, 11/03/04
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Network World's Financial News Alert

Time Warner sees profit dip; may restate AOL figures, 11/03/04

Time Warner reported revenue growth of 5% for its third quarter, 
but net income declined and the company may have to restate its 
financial results for 2002 in connection with the investigation 
of accounting practices at its AOL division, the company said 
Wednesday. It has set aside $500 million to cover its expected 
legal costs. 
<http://www.nwfusion.com/news/2004/1103timewarne.html?nl> 

Report: AOL to cut 700 jobs, 11/02/04

America Online plans to lay off 700 employees, about 5% of its 
U.S. workforce, by the end of the year, several news 
organizations reported Tuesday. 
<http://www.nwfusion.com/edge/news/2004/1102aoljobs.html?nl> 

Oracle ups bid for PeopleSoft in 'final' offer, 11/01/04

Oracle extended what it called its "best and final offer" for 
rival PeopleSoft Monday, increasing its bid from $21 a share to 
$24 a share and at the same time eliminating some of the 
conditions. 
<http://www.nwfusion.com/news/2004/1101oraclup.html?nl> 

Oracle CEO Ellison looking to buy sports team, 10/29/04

Larry Ellison is passionate about more than America's Cup 
sailing. The billionaire Oracle CEO is in the market for a U.S. 
basketball or football team, he said Friday. 
<http://www.nwfusion.com/news/2004/1029oraclceoe.html?nl> 

Ricoh withdrawing from optical disk drive business, 10/29/04

Ricoh is withdrawing from the optical disk drive business, 
citing price competition and declining sales in Japan and 
internationally, the company said Thursday. 
<http://www.nwfusion.com/news/2004/1029ricohwith.html?nl>
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To contact: Network World Staff

Contact Online News Editor Jeff Caruso at 
<mailto:[EMAIL PROTECTED]> 
_______________________________________________________________
This newsletter is sponsored by Veritas 
IDC White Paper, Distributed Applications Performance Management 

Performance management of distributed applications continues to 
grow in complexity, keeping pace with this constantly changing 
environment is a challenge for IT and performance management 
software vendors alike.  Learn how the Veritas i3 Approach can 
be the foundation for your organization's Application 
Performance Management strategy.  Download this IDC White Paper 
now http://www.fattail.com/redir/redirect.asp?CID=86012
_______________________________________________________________
ARCHIVE LINKS

Vendor news
The latest news from network vendors and providers - sorted by 
time and by company.
http://www.nwfusion.com/topics/vendornews.html
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