My Yahoo!Sun Micro Vs Microsoft
NEW YORK - In the news this hour, the federal judge presiding over Sun Microsystems's\ (nasdaq: SUNW - news - people ) antitrust suit against Microsoft (nasdaq: MSFT - news - people ) said he sees making Microsoft carry Sun's Java software on its Windows operating system as a possible resolution.
After initially dropping Java when it rolled out Windows XP in 2001, Microsoft agreed to carry it only until 2004. Microsoft is arguing that the judge that is overseeing its government antitrust case threw out the demand by nine states that Microsoft must carry the software.
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U.S. stocks finished the trading day on the downside, after disappointing guidance from AOL Time Warner (nyse: AOL - news - people ) bruised the market.Elsewhere, Merck (nyse: MRK - news - people ) was hammered after saying it would give 2003 guidance during a conference call on Dec. 5. Merrill Lynch downgraded the stock to a "sell" from a "buy" before raising its rating later to a "neutral" after Merck reiterated its forecast for double digit core pharmaceuticals earnings growth in 2003.
In other news, Vivendi Universal (nyse: V - news - people ) offered to buy BT Group's (nyse: BTY - news - people ) 26% interest in French telecom company Cegetel for $4 billion, in a move to counter rival bidder Vodafone (nyse: VOD - news - people ).
Separately, Vivendi Chairman Jean-Rene Fourtou says the lack of synergies between the company's telecom and entertainment assets makes it unlikely that it would hang on to both long term, and says he'd consider a future spin off of its entertainment assets.
That's it for today, and for all of tonight's late breaking headlines, log on to Forbes.com.
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