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The American President is an Ass Man, Apparently

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'Bruno' Bestows His Top Ten Upon America

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<i>Real World Cancun</i>:  At Least You Weren't Adopted!

Real World Cancun: At Least You Weren't Adopted!

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White House Press Corps Happy to Attend Barack Obama's Off-the-Record BBQ

White House Press Corps Happy to Attend Barack Obama's Off-the-Record BBQ

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Gawker Comments Are Made of Stars

Gawker Comments Are Made of Stars

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Ruth Madoff's 1BR Fixer-Upper

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  • Stocks

    VMware shares down 15 percent, requiring their own bailout

    By Paul Boutin, 2:40 PM on Mon Sep 29 2008, 527 views (Edit, to draft, Top, Slurp)

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    Shares of VMW were off 15.4 percent Friday morning. RBC Capital had seriously downgraded VMware last week from Outperform to Sector Perform, blaming “a degrading environment for global IT spending.” VMware's virtualization software is the hottest product in a hot market — it reduces the number of physical servers companies need to buy by creating multiple "virtual servers" on the same box. Wall Street sees it pretty simply: No bailout bill = no sales.

    More about VMWare

    exits

    VMware shares sink underwater with crew fleeing and sharks circling

    New CEO Paul Maritz, formerly of Microsoft, may have just taken the helm of a sinking ship in VMware. CEO Diane Greene was unceremoniously ousted by chairman and CEO of corporate parent EMC Joe Tucci last month, leaving no women navigating any top Valley companies. More »
    exits

    Valley's 150 biggest companies all run by men

    With Diane Greene ousted as the CEO of Silicon Valley software company VMware by a jealous man and replaced by testosterone-laden former Microsoftie Paul Maritz, there's not a single woman running any of the Bay Area's largest 150 companies by revenues. More »

    Read More: Stocks, VMWare, RBC Capital, Valleywag
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