Ballmer is named as Microsoft president

Article Abstract:

Steve Ballmer was named president of Microsoft Corp. in a move that will allow chairman and chief executive Bill Gates to concentrate on the company's products and technology while Mr. Ballmer focuses on business operations. Mr. Ballmer had been credited with creating a strong sales and marketing division in his former capacity as executive vice-president. Mr. Gates intends to spend much of his time on extending the company's Windows technology, including the development of voice recognition software.

Comment:

Steve Ballmer was named president of Microsoft Corp. to relieve chairman and chief executive Bill Gates of business duties

Executive changes & profiles, Company Personnel, Microsoft Corp.

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Novell earnings beat estimates, as company continues recovery

Article Abstract:

Novell Inc.'s financial performance for the third-quarter of 1998 was higher than what analysts had predicted. The company's fiscal third-quarter ended on July 31, 1998. The improved performance reflected Novell's continuing rebound from years of deteriorating revenues. During the 1997 third-quarter, Novell posted $26.6 million in earnings and a loss of $121.6 million. The company's quarterly revenue for 1998 was $272 million.

Comment:

Novell's financial performance for the third-quarter of 1998 higher than what analysts had predicted

Sales, profits & dividends, Company Planning/Goals, Novell Inc.

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