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Friday, October 23, 2009

Microsoft Q1: The Wow Starts Now (Plus the Press Release)

ballmergiddytongue

What a nice way to top off an already big week.

Posting first-quarter financials before market opening this morning, Microsoft said it earned 40 cents a share on revenue of $12.92 billion, besting analyst estimates that had called for a profit of 32 cents a share and revenue of $12.4 billion.

Nonetheless, the software giant still saw both profits and revenue decline for the third quarter in a row.

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Tuesday, June 23, 2009

Oracle Earnings: Not Bad…

orclInvestors expecting Oracle to post fourth-quarter earnings of 44 cents per share based on analysts’ guidance received a welcome surprise today when the company reported earnings that were two cents per share better.

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Thursday, June 11, 2009

Altera’s Tim Morse Tapped as Yahoo CFO

tim-morse

Looks like Yahoo has found its new CFO. This afternoon, the company said Tim Morse will take charge of its finances. Morse, who has served as CFO for chip maker Altera since 2007 and spent 15 years at GE before that, will start work on June 17 and assume CFO responsibilities on July 1.

Welcome news, since Yahoo has been looking to fill the position since Blake Jorgensen said he would step down from the company last February.

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Friday, May 22, 2009

God Speed You, Blake Jorgensen!

blake-jorgenson-150x150jpg2009 has proven a lucrative year for departing Yahoo CFO Blake Jorgensen. Sure, he’s leaving Yahoo, but he’s doing so with a $1.8 million lump-sum severance payment, according to a company SEC filing. This in addition to the $250,000 bonus he was awarded earlier this year.

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Monday, March 9, 2009

Former Motorola CFO a WHSTL BLWR

whistleblowerjpgMotorola’s dismissal of former CFO Paul Liska grows more intriguing by the day. Turns out that Liska has indeed, filed suit against his former employer, but not for “wrongful dismissal.” He’s suing for “retaliatory discharge.”

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Thursday, February 26, 2009

Yahoo CFO’s Newest Search Deal: Search for a New Job

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About John

John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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