NOKIA MARRY ME

2009 FORTUNE 500

Our annual ranking of America's largest corporations
And the winners are...
See the full list of America's largest corporations, including detailed company profiles and contact information. Plus, post your thoughts on our Fortune 500 blog.
1. Exxon Mobil
2. Wal-Mart Stores
3. Chevron
4. ConocoPhillips
5. General Electric
6. General Motors
7. Ford Motor
8. AT&T
9. Hewlett-Packard
10. Valero Energy

Rank 1
Company Exxon Mobil
Revenues($ millions) 442,851.0
Profits($ millions) 45,220.0

Rank 2
Company Wal-Mart Stores
Revenues($ millions) 405,607.0
Profits($ millions) 13,400.0

Rank 3
Company Chevron
Revenues($ millions) 263,159.0
Profits($ millions) 23,931.0

Rank 4
Company ConocoPhillips
Revenues($ millions) 230,764.0
Profits($ millions) -16,998.0

Rank 5
Company General Electric
183,207.0
Profits($ millions) 17,410.0

Full List :-http://money.cnn.com/magazines/fortune/fortune500/2009/full_list/index.html

source:-http://money.cnn.com/magazines/fortune/fortune500/2009/

Oracle to buy Sun for $9.50 a share

Business software company says it will acquire server maker's stock for $7.4 billion.
By Ben Rooney, CNNMoney.com staff writer
Last Updated: April 20, 2009: 12:22 PM ET

NEW YORK (CNNMoney.com) -- Business software maker Oracle Corp. said Monday it has entered into a definitive agreement to buy server builder Sun Microsystems in a deal worth $7.4 billion.
Oracle said it will buy Sun common stock for $9.50 per share in cash, a 42% premium from Friday's closing price of $6.69.
After accounting for Sun's cash and debt, the deal's value is $5.6 billion, the companies said.
The announcement comes after Sun reportedly rejected a $7 billion buyout offer from IBM (IBM, Fortune 500) earlier this month.
The Redwood Shores, Calif.-based Oracle said it expects Sun to contribute over $1.5 billion to its operating profit this year, and over $2 billion in the second year.
On a per share basis, Oracle expects Sun to add 15 cents to its adjusted earnings in the first full year after closing. The deal is expected to close this summer.
Shares of Oracle (ORCL, Fortune 500) fell nearly 5.5% to $18, while Sun (JAVA, Fortune 500) soared nearly 36% to $9.10 in early trading.
"The acquisition of Sun transforms the IT industry," said Oracle chief executive Larry Ellison, in a statement. "Our customers benefit as their systems integration costs go down while system performance, reliability and security go up."
Oracle, which has made 52 acquisitions since January 2005, said it sees "strategic customer advantages" to owning two of Sun's most popular software products: the programming language Java and the Solaris operating system.
"This is a fantastic day for Sun's customers, developers, partners and employees across the globe," said Jonathan Schwartz, Sun's chief executive. "[By] joining forces with the global leader in enterprise software to drive innovation and value across every aspect of the technology marketplace."
However, the deal belies Oracle's need to prevent Java from being controlled by a rival software company, according to Brent Williams, an analyst who covers the tech sector for The Benchmark Company in New York.
"This deal strikes me as an extremely defensive move," Williams said. "This is all about who owns Java technology, which is the core of most enterprise applications."
Williams said rival buyers, such as IBM, could have made Java a non-proprietary "open source" software. That would have posed a "major price threat" to Oracle, the world's largest enterprise software company, he added.
On the other hand, the deal reflects the tech industry's move towards more bundled products, according to Shaw Wu, an analyst at Kaufman Brothers Equity Research.
"We believe this [acquisition] supports our industry thesis that vertical integration works, meaning having an integrated stack of hardware, software, and services to sell to customers," Wu wrote in a research report.
According to Wu, companies such as Hewlett-Packard (HPQ, Fortune 500), IBM, Apple (APPL), and blackberry maker Research in Motion (RIIM) have had success with such models.
Still, analysts said questions remain about Oracle's ability to digest Sun's server business, which has been losing market share to larger rivals such as IBM and H-P.
The deal is subject to Sun stockholder approval, certain regulatory approvals and customary closing conditions.
First Published: April 20, 2009: 7:45 AM ET

Source:-http://money.cnn.com/2009/04/20/technology/Oracle_Sun/index.htm?postversion=2009042008

Management Lesson

One fine day, a bus driver went to the bus garage, started his bus, and drove off along the route. No problems for the first few stops-a few people got on, a few got off, and things went generally well.
At the next stop, however, a big hulk of a guy got on. Six feet eight, built like a wrestler, arms hanging down to the ground. He glared at the driver and said, "Big John doesn't pay!" and sat down at the back. Did I mention that the driver was five feet three, thin, and basically meek? Well, he was. Naturally, he didn't argue with Big John, but he wasn't happy about it. The next day the same thing happened-Big John got on again, made a show of refusing to pay, and sat down.
And the next day, and the one after that, and so forth. This grated on the bus driver, who started losing sleep over the way Big John was taking advantage of him. Finally he could stand it no longer. He signed up for body building courses, karate, judo, and all that good stuff.By the end of the summer, he had become quite strong; what's more, he felt really good about himself. So on the next Monday, when Big John once again got on the bus and said, "Big John doesn't pay!," The driver stood up, glared back at the passenger, and screamed, "And why not?" With a surprised look on his face, Big John replied, "Big John has a bus pass."

Management Lesson:" Be sure there is a problem in the first place before working hard to solve one."

Happy New Year!

Make your PC talk

Open a text file in notepad and write:

Dim msg, sapi

msg=InputBox("Enter your text","Talk it")

Set sapi=CreateObject("sapi.spvoice")

sapi.Speak msg

Save the file with a (*.vbs) extension,

it will create a VBScript File.

Now open the saved file, input the text and press ok.

"u will hear what u typed J

this works in xp,may be in vista also.