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Morning business news - July 15

Siteserv, with businesses here and in the UK, provides services in to sectors as diverse as schools and hospitals to road building and nuclear power, has just published its annual results. The company took in almost €134m in revenue in the 12 months to the end of April, a big gain on last year's €45m, thanks to some big acquisitions while its pre-tax profit figure increased 131% to €12.2m. Siteserv says it is well positioned to grow further.

*** On the currency markets, the euro is worth $1.5944 and 79.77 pence sterling.

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Henry Schein Teams up With Sikka Software to Provide Leading

"This information allows dental professionals to make informed decisions that boost the performance of their business and support quality patient care." About Sikka Software Sikka Software Corporation was incorporated in early 2004 with the intention of providing best of class business optimization and intelligence software solutions to dental and healthcare community. Sikka Software Corporation products, with 2800 installations, and more than five million end-users of its customer base, help dentists and their teams understand and maximize business profitability with best fee schedules and marketing campaigns, as well as analyses of return on investment, patients, insurance, supplies, and demographics. A privately-held company, Sikka Software is headquartered in Milpitas, California with offices in India. more

Austrian Airlines Falls as UBS Doubts Business Model (Update1)

The UBS analysts said they like airlines with strong balance sheets, sustainable business models or high margins, and Austrian has none of those attributes.

The carrier is conducting a strategic review that includes evaluating possible partnerships, the UBS analysts said in a research report. A preferred suitor would be Cologne, Germany- based Deutsche Lufthansa AG, Europe's second-biggest airline, though the company would have little to gain with a purchase, according to the UBS analysts.

Austrian Airlines' share price will decline 2.40 euros over the next 12 months, the UBS analysts said. Goldman lowered its six-month stock-price target, saying the shares will fall to 3 euros compared with a previous estimate of 3.40 euros.

Goldman also cited competition in reducing its recommendation, saying SkyEurope Holding AG, based in neighboring Bratislava, Slovakia, will hurt the carrier's Vienna operations. more

Microtune Surpasses 100 Million TV Tuner Chips Shipped

Mr. James A. Fontaine, Microtune President and CEO.

"Since we launched the first silicon TV tuner chip in 1999, we have continued a tradition of industry leadership by introducing a series of other RF technology innovations--the industry's highest-performance silicon tuner, the first 1-GHz tuner chip, and the first silicon-based architecture for multi-tuner set-top boxes. Our new DOCSIS 3.0 wideband tuner and low-power universal tuner are current examples of first-to-market products that are helping to support next-generation, feature-rich consumer electronics," Mr. Fontaine added.

Mr. Fontaine further reflects on the business significance of Microtune's 100-millionth tuner shipment in an interview available online. Additionally, Albert H. (Bud) Taddiken, Microtune's Chief Operating Officer and a key contributor to the realization of the company's breakthrough silicon tuner, offers a technology perspective on the impact of the tuner integrated circuit to today's and to future applications. more

F5 Networks Q3 earnings fall Puget Sound Business Journal (Seattle)

Third-quarter net income at F5 Networks Inc. fell to $19.1 million, or 23 cents per diluted share; down from $21.8 million, or 26 cents per share a year earlier.

Revenue rose to $165.6 million from $132.4 million in 2007.

Analysts polled by Thomson Financial Network expected earnings of 22 cents per share and revenue of $161.36 million.

For the fourth quarter, officials at the Seattle software company expect revenue of between $172 million and $174 million and earnings of between 19 and 20 cents per share.

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