Oracle Stories
Oracle Shares Plummet After Profits Miss Estimates
Oracle shares plummeted on Wednesday in German trading after the large software maker missed analysts' profit expectations for the first time in a decade.
U.S. Stock Index Futures Rise; Oracle Eyed
U.S. stock index futures pointed to a higher open on Wall Street Wednesday, with futures for the S&P 500 up 0.38 percent, Dow Jones futures up 0.62 percent and Nasdaq 100 futures up 0.61 percent at 0910 GMT.
Post-Market NASDAQ Movers (RIMM, FSII, CTAS, SUBK, WSTL, ORCL, LLEN, CBRX, EPHC, ADSK)
The top after-market NASDAQ Stock Market gainers are: Research In Motion, FSI International, Cintas, Suffolk Bancorp, and Westell Technologies. The top after-market NASDAQ Stock Market losers are: Oracle, L & L Energy, Columbia Laboratories, Epoch Investment Partners, and Autodesk.
Instant view: Oracle software, hardware results disappoint
Oracle Corp fell well short of Wall Street's expectations on both hardware and software sales in its fiscal second quarter, wiping more than 8 percent off its shares.
Oracle sales miss forecasts, shares plunge
Oracle Corp's profit missed Wall Street's forecasts for the first time in a decade after new software sales sputtered, hammering its shares and stoking fears that a global economic slowdown is hurting tech spending.
Oracle Shares Drop 9 Percent After Reporting 2Q Earnings Miss
Oracle, the biggest developer of software databases and applications, reported second-quarter results and revenues that narrowly missed analyst estimates.
Oracle: Earnings Trail Estimates, Revenue on Low Side
Oracle's second-quarter results narrowly missed estimates for earnings and revenue.
Oracle's Earnings: Key Monitors to Measure Performance and Outlook
Oracle, the biggest enterprise software developer, is scheduled to report second-quarter results late Tuesday. Here are some expert tips on what to watch in the announcement.
Oracle: 7 Things to Watch in 2Q Earnings Report
Here are some items to watch when Oracle reports: earnings, Europe outlook, cash, deferred revenue, third-quarter earnings forecast
Salesforce.com Enters HR Software Business
Salesforce.com Inc is entering the business of selling human resources software in a move that raises the stakes in its battle to woo customers away from bigger rivals SAP AG and Oracle Corp..
U.S. appeals court revives Oracle overtime lawsuit
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.
Brocade Communications Could be Attractive to Oracle: Analyst
Brocade Communications Systems Inc. (NASDAQ:BRCD) could come in to spotlight after Blue Coat Systems Inc. (NASDAQ:BCSI) said Friday it has agreed to be acquired by an investor group led by San Francisco-based private equity investment firm Thoma Bravo, LLC, for about $1.3 billion.
Blue Coat Systems Inc. Agrees to go Private for $1.1 Billion
Blue Coat Systems Inc., a maker of equipment that secures, monitors, and speeds Internet traffic, has agreed to be taken private for $1.1 billion in a deal that throws a lifeline to a company beset by falling sales and a U.S. government probe into use of its products by Syria.
IBM: Does the DemandTec Deal Indicate Big Blue's Larger Entry to Apps Arena?
International Business Machines Corp. (NYSE:IBM) said on Thursday that it had agreed to acquire software company DemandTec, Inc. (NASDAQ:DMAN) for about $440 million or $13.20 a share.
IBM ‘s DemandTec Buy to Contest Oracle, SAP
IBM, the No. 2 computer giant, said it plans to acquire e-commerce specialist DemandTec for $440 million to beef up its retail and marketing software services.
Post-Market NASDAQ Movers (NATH, THOR, NLST, IRDM, DRYS, INAP, POWR, CLWR, BONT, PACB)
The top after-market NASDAQ Stock Market gainers are: Nathan's Famous, Thoratec, Netlist, Iridium Communications, and DryShips. The top after-market NASDAQ Stock Market losers are: Internap Network Services, PowerSecure International, Clearwire, Bon-Ton Stores, and Pacific Biosciences of California.
Analysis: SAP's new Coud Czar to Take on Salesforce, Oracle
SAP AG's purchase of Web-based software company SuccessFactors Inc could be the catalyst the old-school German technology giant needs to try to catch up to rivals in the fast-growing cloud computing market.
Analysis: SAP's new cloud czar to take on Salesforce, Oracle
SAP AG's purchase of Web-based software company SuccessFactors Inc could be the catalyst the old-school German technology giant needs to try to catch up to rivals in the fast-growing cloud computing market.
Let Oracle, SAP Buy Others, Information Builders Remains Independent Stalwart, CEO Says
As Oracle, SAP and IBM snap up rivals in business analytics software, Information Builders will stay independent, founding CEO Gerald D. Cohen told International Business Times.
Pre-Market NASDAQ Movers (AFFY, TLEO, PANL, DRYS, HERO, SPLS, HBAN, REGN, FSIN, RIMM)
The top pre-market NASDAQ Stock Market gainers are: Affymax, Taleo, Universal Display, DryShips, Hercules Offshore, Staples, and Huntington Bancshares. The top pre-market NASDAQ Stock Market losers are: Fushi Copperweld, Regeneron Pharmaceuticals, and Research In Motion.
SAP to buy SuccessFactors for $3.4 Billion
Germany's SAP announced a $3.4 billion cash deal to buy U.S. Web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses.
Red Hat Gaining Market Share Against Microsoft, SUSE Linux and Oracle Solaris
Red Hat, Inc. (NYSE:RHT) continues to gain market share against Microsoft, Corp. (NASDAQ:MSFT), SUSE Linux and Oracle Solaris in the cloud computing space, according to a Wall Street analyst.
SAP's Proposed Acquisition of SuccessFactors is a Bold Move: Analyst
SAP AG (NYSE: SAP) said its unit SAP America Inc. has agreed to buy all outstanding shares of SuccessFactors Inc. (NYSE: SFSF) for $40.00 per share in cash, representing an enterprise value of about $3.4 billion.
SAP Offers $3.4 Billion for SuccessFactors
Germany's SAP announced a $3.4 billion cash deal to buy U.S. web-based software company SuccessFactors, joining the scramble among technology firms to offer cloud-computing services to businesses.
SAP Offers $3.4 Billion Cash to Buy SuccessFactors Inc.
Germany's SAP announced a $3.4 billion cash deal to buy U.S. Web-based software company SuccessFactors Inc., joining the scramble among technology firms to offer cloud-computing services to businesses.
Apple-Samsung Fight Behind Veil of Secrecy; Court Papers Sealed
The biggest legal battle for the technology industry is playing out in a federal court in Silicon Valley, where Apple is trying to stop Samsung from selling Galaxy phones and tablets in the United States. It is a veil of secrecy where court papers are sealed.
HP Shares Shrug Off S&P Downgrades Citing Cash Levels
Shares of Hewlett-Packard, the world’s biggest computer company, rose slightly Thursday, a day after Standard & Poor’s downgraded the company’s credit two notches.
GE Unveils Latest Enterprise Software for Manufacturing, Linking Giant Databases
General Electric, the No. 1 U.S. conglomerate, unveiled a major upgrade of its Proficy Historian enterprise software to enable manufacturers to better access huge databases and improve quality.
Goldman Sachs’ Top 9 Technology Stock Picks for 2012
Goldman Sachs picks its top nine technology stocks for 2012.
U.S. Firms Added Jobs Offshore, Cut Jobs At Home
U.S-based multinational corporations added almost 3 million jobs to their payrolls in foreign countries between 1999 and 2009, while slashing 864,600 jobs at home, as they become increasingly dependent on foreign sales. Is tax holiday a viable solution?