Novell crumbles on 'disastrous' profit warning

Summary:Novell Inc. shares plunged 32 percent Wednesday after it disappointed Wall Street with a "disastrous" second-quarter profit warning.

Novell Inc. shares plunged 32 percent Wednesday after it disappointed Wall Street with a "disastrous" second-quarter profit warning. Analysts had expected earnings to improve by 45 percent year-over-year. Full story. -- Tiffany Kary, ZDNet Inter@ctive Investor

Topics: Tech Industry

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.