● 12.13.07

●● No Schadenfreude, Just Information

Posted in Finance, Novell at 8:21 pm by Dr. Roy Schestowitz

Among today’s headlines:

Novell reports quarterly loss as expenses rise

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The company reported a fourth-quarter loss of $17.9 million, or 5 cents per share, compared with a year-earlier profit of $19.9 million, or 5 cents a share.

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Novell drops; Qwest to restart dividend payments

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Novell shares fell 8.6% to $6.49 following the company’s view that 2008 revenue will come in between $920 million and $945 million.

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Novell Swings to Fiscal 4Q Loss

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Shares fell 80 cents, or 11 percent, to $6.30 in electronic after-hours trading.

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