Oracle Stories
Nasdaq briefly turns positive, Oracle climbs
Stocks trimmed earlier losses on Thursday, while the Nasdaq briefly turned positive, helped by a jump in shares of Oracle after the business software maker reported results that beat forecasts.
Oracle Boast Profits despite Recession
On Wednesday, Oracle released an adjusted profit report of 35 cents on revenue of $5.5 billion in its fiscal third-quarter beating the Wall Street's expectations.
Oracle results beat forecasts, plans dividend
Business software maker Oracle Corp reported stronger-than-expected quarterly results and said it would pay its first dividend to shareholders,
Oracle and NEC take virtualization crown
Oracle’s said on Monday that its virtualization software racked up the world’s fastest performance on an industry standard benchmark.
U.S. Stocks tumble on profit worries: Oracle, Google Drop
U.S. stocks tumbled the most in a week, sending the blue-chip index more than 100 points into the red and the tech-heavy Nasdaq was dragged down by disappointing news from Oracle and Google.
Oracle Slides on Revenue Miss
Shares of business software maker Oracle says its fiscal third-quarter profit rose, helped by rising software and services revenues, however its yearly revenue missed expectations of Wall-Street.
Oracle stocks sold by CEO, Larry Ellison
Oracle Corp. Chief executive officer, Larry Ellison sold one million shares of common stock under a prearranged plan.
Microsoft Targets Virtualization, VMware
Microsoft Corp said Monday that it bought startup Calista Technologies and expanded its alliance with Citrix Systems, targeting the fast growing virtualization market.
Oracle Ends Chase, Catches BEA With $8.5 Bln
After three months of courtship, database software firm Oracle Corp. finally got a 'yes' from BEA Systems, accepting a takeover offer of $8.5 billion. Oracle will pay BEA shareholders $19.375 for each of their shares, up from an offer of $17 in October. BEA had initially rejected Oracle's initial offer, asking for $21 per share.
US Stocks Slip: Nike, Oracle Gains
US Stocks dropped in late morning trading, in spite of higher than expected earnings results from Oracle Corp. and Nike Inc.
Oracle profit, sales beat Wall Street expectations
Oracle Corp posted a 35 percent rise in quarterly profit on strong new software sales, beating expectations at a time when investors are wary that growth in technology spending may be slowing.
Oracle beats market expectations with 35pc profit rise
Oracle, the world’s largest maker of database software posted a 35 percent rise in net income for second quarter on Wednesday, bolstered by stronger demand on new software licenses.
Oracle unveils fusion applications for business
Oracle unveiled fusion applications for businesses on Wednesday during the last session of the company's Openworld event.
Sun, Dell partner to boost Solaris 10 Distribution
Sun Microsystems said on Wednesday at Oracle’s Openworld that it has entered a distribution agreement with Dell, for its Solaris operating system.
Intel Broadens Support for Virtualization
Intel's Paul Otellini outlined a number of developments taking place behind the walls of the chip-maker's research center on Tuesday, including an advancement promising lower costs in datacenters and high-end workstations.
Oracle Unveils new Application Server
Today, at Oracle’s OpenWorld conference, executives introduced Oracle’s latest 10g application server.
DigitalGlobe goes to the web
DigitalGlobe, provider of high resolution imagery and geospatial information products, unveiled its new web-based application program, early Tuesday, during an exhibition in the ongoing Openworld event in San Francisco.
AMD chief calls for technological innovations
On Monday, during Oracle’s ongoing Openworld convention in San Francisco, Advanced Micro Devices’ (AMD) chief executive officer made a call to improve the business environment through innovative technology.
Oracle Celebrates 30 years with industry leadership award
Oracle marked its 30th year of existence with a Service Leadership Award awarded by the Service and Support Professionals Association (SSPA) for its tremendous contribution to innovation in the technology services industry.
Oracle unveils PLM software during Openworld event
Early Monday Oracle revealed a new enterprise based software in-front of over 40,000 people attending the Oracle Openworld 2007 event in San Francisco this Monday.
Oracle's Ellison Nostalgic as Open World Commences
Software company Oracle kicked off a five day IT conference in San Francisco with keynotes from several executives, including co-founder and CEO, Larry Ellison, who reminisced on the company's humble beginnings.
BEA shares rise amid bid speculation
Shares of BEA Systems were closed flat on Monday after the expiration of bid from enterprise software maker Oracle to acquire BEA.
Oracle withdraws BEA offer as deadline expires
Oracle Corp withdrew a $6.7 billion bid for business software maker BEA Systems Inc on Sunday, setting the stage for a proxy battle between activist investor Carl Icahn and the BEA board. Icahn is BEA's biggest shareholder with a 15 percent stake.
Google says working to solve health record dilemma
Google Inc aims to apply Web search technology to a general set of health information problems and remains committed to the market despite slow initial progress, an executive said on Wednesday.
BEA rejects Oracle offer as rival bids seen
Business software maker BEA Systems Inc rejected a $6.7 billion takeover bid from Oracle Corp on Friday, throwing the company into play by saying the unsolicited offer was too low. Shares rose 38 percent, above a five-year high.
Oracle makes bid for BEA Systems
Oracle Corp on Friday said it offered to buy BEA Systems Inc for about $6.66 billion, its latest effort to up the ante against Microsoft Corp. and Germany's SAP in the fiercely competitive market for business software.
Oracle net up 25 percent
Oracle Corp, the world's third-largest software maker, reported a 25 percent rise in quarterly profit on Thursday, but forecast slower growth in sales of new software in the current quarter.
Acacia says unit resolves patent suit with Oracle
Acacia Research Corp said its Disc Link Corp unit agreed with Oracle Corp to resolve a pending lawsuit on patents relating to portable storage devices with links that can retrieve added data through the Internet.
SAP admits to ‘inappropriate’ downloads
German software maker SAP AG (NYSE: SAP) said on Tuesday that one of its units had made “inappropriate†downloads, as the company formally responds in a court filing to a lawsuit by U.S. rival Oracle Corp. (Nasdaq: ORCL).
SAP admits to inappropriate downloads
Software maker SAP AG admitted a subsidiary had carried out inappropriate downloads of documents belonging to archrival Oracle Corp but said on Tuesday SAP itself had not had access to that material.