Oracle Stories
IBM Brims with Confidence for 2012 after Solid Quarter
JAN 19 - IBM Corp, the world's largest technology services company, aims to grow earnings by at least 10 percent this year after it beat fourth quarter profit estimates, underderscoring signs of confidence in global tech spending.
Warren Buffett: I’ll Match Any Congressional Republican Debt Pay-Down Donation
Berkshire Hathaway's Warren Buffett said he would donate $1 to paying down the national debt for every dollar donated by a Republican in Congress. The only exception is Senate Republican Leader Mitch McConnell -- for whom Buffett said he would go $3-to-$1.
Oracle can't appeal SAP order right away: judge
Oracle Corp can't appeal an order slashing its $1.3 billion copyright infringement verdict against SAP AG until it decides whether it will reject the lower, court-imposed damages award, a U.S. judge ruled on Friday.
Tom Cruise Has “One Shot” To Prove He Can Fill Jack Reacher’s Shoes
“One Shot,” author Lee Child’s ninth suspense novel, is currently finishing production as a big-budget action thriller starring Tom Cruise as Jack Reacher.
Van Halen Tour 2012: Eddie's Son to be a Part of the Tour [Venue, Dates, Details]
The legendry rock band will start the tour Feb 18 from Louisville's KFC Yum! Center. The five-month-long tour will conclude June 26 at New Orleans Arena, New Orleans, LA.
Weakening Euro Could Hurt U.S. Technology Exporters
A new decline in the value of the Euro could hit major U.S. technology exporters which dodged the bullet in the fourth quarter. Companies included HP, IBM, Oracl;e and Cisco Systems.
Weakening Euro May Hit U.S. Tech Exporters
Major U.S. technology companies, which derive the majority of their revenue from abroad, with between 25 percent and 33 percent overall from Europe, have warned about potential fallout from the Eurozone crisis since last July.
U.S. Stocks Will Fall 8.6% This Year: Morgan Stanley
An analysis released Tuesday by Morgan Stanley analyst Adam Parker suggesting U.S. equities will finish the year more than 8 percent lower than where they began is making those who follow the American stock market nervous. And for good reasons.
You Thought 2011 Was Tough for Investors? Just Wait
Shaky Europe. Political gridlock. Volatile markets.
Tough 2011 Could Beget Tougher 2012 in the Markets
Shaky Europe. Political gridlock. Volatile markets. Familiar themes for those who lived through this year, and investors should be ready to revisit them next year.
New Details Rekindle HP-Hurd Flap over Accusation of Sexual Harassment
Former Hewlett Packard CEO Mark Hurd made increasingly aggressive romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to claims in a letter from her lawyer obtained by Reuters.
Mark Hurd Letter Details Sexual Harassment of HP's Jodie Fisher [FULL TEXT]
According the recently released letter, drafted by lawyer Gloria Allred, the former Hewlett-Packard CEO made a series of increasingly aggressive advances toward contractor Jodie Fisher from 2007 to 2009, kissing and fondling her and attempting to pressure her into an affair. Hurd's lawyer dismissed the letter (read here) as full of inaccuracies, but rumors of a settlement are fueling the fire.
Former HP CEO in for More Trouble: Sealed Letter to be Made Public
Former Hewlett Packard CEO Mark Hurd made increasingly aggressive romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to claims in a letter from her lawyer.
New details emerge on flap between HP, Hurd
Former Hewlett Packard CEO Mark Hurd made romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to a letter from her lawyer obtained by Reuters.
Woman Accuses Ex-HP CEO Hurd of Sexual Harassment
Former Hewlett Packard CEO Mark Hurd made romantic advances over several years toward an independent contractor who later accused him of sexual harassment, according to a letter from her lawyer obtained by Reuters.
U.S. court: Unseal letter in HP Hurd case
An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant.
Unseal letter in HP Hurd case: court
An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant.
Court says letter in HP Hurd case should be released
An appeals court ruled that a letter linked to Mark Hurd's abrupt departure from his post as chief of Hewlett-Packard Co should be unsealed, potentially revealing new details about his dramatic exit from the technology giant.
Warren Buffet Buys Hometown Newspaper in Omaha
The World-Herald has about 1,600 employees, including about 650 in Omaha.
Oracle Profit View Lowered After Q2 Miss
Several brokerages have lowered their profit estimates of Oracle Corp. (NASDAQ:ORCL) after the business software maker reported lower-than-expected quarterly results.
Oracle’s Terrible Day: Loses $17 Billion in Value as Ellison’s Stake Dips $3.9 Billion
Investors in Oracle, the No. 1 enterprise software vendor, had their worst day in three years as shares closed down nearly 12 percent, chopping $17 billion from the company’s market value.
Oracle Sinks Nasdaq; Dow, S&P Hold Firm
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.
Wall Street retreats after rally, Oracle sinks Nasdaq
Stocks declined modestly on Wednesday as equities retreated from recent gains, while weak earnings from Oracle raised concerns about the health of the tech sector, pressuring the group and pushing the Nasdaq down more than 1 percent.
Wall Street slips as Oracle miss casts doubt on technology
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.
Wall Street slips on Oracle miss and Europe worries
Stocks fell on Wednesday as weak earnings from Oracle raised concerns about the health of the tech sector and on concerns that cut-rate loans from the European Central Bank will not filter down to help Europe's debt-stricken countries.
Oracle Shares Plunge; Ellison’s Loss Exceeds $5.3 Billion
Shares of Oracle, the biggest enterprise software developer, fell more than 15 percent Wednesday after the company missed second-quarter estimates for earnings.
Oracle Results Shock Investors, Shares Plunge
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.
Oracle Shares Plunge 10 Percent After 2Q Earnings Miss
Shares of Oracle, the biggest enterprise software developer, fell nearly 10 percent in pre-market trading Wednesday after the company missed second-quarter estimates for earnings.
Pre-Market NASDAQ Movers (RIMM, PLCM, YNDX, ALNY, ORCL, CPTS, ARMH, ASML, BIDU, PAYX)
The top pre-market NASDAQ Stock Market gainers are: Research In Motion, Polycom, and Yandex. The top pre-market NASDAQ Stock Market losers are: Alnylam Pharmaceuticals, Oracle, Conceptus, ARM Holdings, ASML Holding, Baidu, and Paychex.
Europe's Markets Pare Gains Wednesday at Mid-Day Following ECB Intervention
Europe's banks borrowed nearly €490 billion or $637 billion from the European Central Bank at its first-ever offer of three-year loans on Wednesday, encouraging demand for the euro and stocks on hopes the funding will ease the two-year old debt crisis. On Wednesday at mid-day, London's FTSE 100 was down 25 points to 5,393, Germany's DAX was down 29 points to 5,819, and France's CAC 40 was off 22 points to 3,033.