Posted by Reuters: Business News on January 31, 2012
(Reuters) – A California judge has dismissed a fraud claim brought by Oracle Corp against Hewlett-Packard Co in the bitter legal battle between the two companies over the Itanium platform.
Posted by Reuters: Business News on December 21, 2011
NEW YORK (Reuters) – Technology shares slumped on Wednesday and pushed the Nasdaq down 1 percent after Oracle reported results that cast doubts on the sector’s health, even as broader markets closed mostly flat in a thinly traded day.
Posted by Reuters: Business News on
NEW YORK (Reuters) – Technology shares slumped on Wednesday and pushed the Nasdaq down 1 percent after Oracle reported results that cast doubts on the sector’s health, even as broader markets closed mostly flat in a thinly traded day.
Posted by Reuters: Business News on
NEW YORK (Reuters) – The S&P 500 edged higher late on Wednesday as investors looked to build on strong gains in the last session for a much anticipated year-end rally even as tech shares slumped after disappointing earnings from Oracle dragged the Nasdaq lower.
Posted by Reuters: Business News on
NEW YORK (Reuters) – U.S. stocks fell on Wednesday as weak earnings from Oracle raised concerns about the health of the tech sector ahead of the start of fourth-quarter earnings season in January.
Posted by Reuters: Business News on
(Reuters) – Oracle Corp shares dropped 14 percent on Wednesday, a day after the world’s No. 3 software maker’s weak quarterly results and disappointing outlook stoked renewed fears of a slowdown in global tech spending.
Posted by Reuters: Business News on
(Reuters) – Oracle Corp’s earnings fell short of Wall Street’s forecasts for the first time in a decade as software and hardware sales sputtered, sending its shares down more than 10 percent and stoking fears a global recession will hurt tech spending.
Posted by Reuters: Business News on December 13, 2011
(Reuters) – A federal appeals court on Tuesday revived a class-action lawsuit against Oracle Corp, basing its ruling on a state court decision that employers in California must pay nonresident workers for overtime work performed in the state.
Posted by The PIPEs Report on November 7, 2011
Financier Jack W. Schuler and hedge fund Oracle Partners are among investors participating in a $10 …
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Posted by Reuters: Business News on October 24, 2011
(Reuters) – Oracle Corp struck a deal to buy RightNow Technologies Inc for around $1.5 billion, agreeing to pay a nearly 20 percent premium for the cloud-based customer service company.
