Jan 25- Two European pension funds have written a letter to Oracle Corp complaining about leading shareholder Larry Ellison's large influence over the U.S. business software company and urging it to allow outsider shareholders a greater say in the company's unpopular pay policies. In a letter addressed to the Oracle board that was seen by Reuters, the...
Jan 20- International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as it grapples with dwindling demand for servers and storage products. IBM forecast 2015 operating earnings of $15.75 to $16.50 per share, just shy of analysts' average estimate of $16.51, according to Thomson Reuters...
REDWOOD SHORES, Calif.— Oracle Corp. said Monday it named Leon Panetta a director, effective immediately. Oracle's board members serve one-year terms. Panetta, who is 76 years old, will be up for re-election at Oracle's next annual shareholder meeting in November.
WASHINGTON— The victims vary: Fast-food colossus McDonald's. Medical device maker Cooper Cos. "It's clearly a drag on corporate profits," says David Kelly, chief market strategist at J.P.
Bob Olstein, Olstein Capital Management, shares three stock picks right now, saying Oracle is headed to $60 in the next 2-3 years.
Apple may celebrate the anniversary of its record capital program announcement with a $200 billion share buyback and dividend raise, an analyst said.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of Monday's midday movers:
WASHINGTON, Jan 12- The Supreme Court on Monday asked the U.S. government to weigh in on whether the justices should hear a closely watched copyright dispute between Google Inc and Oracle Corp over software used to design Google's Android smartphone operating system. Oracle sued Google in 2010, claiming Google had improperly incorporated parts of its Java...
Your next visit to TGI Fridays could be more expensive than it used to be...Here's why.
NEW YORK, Jan 12- Every Tuesday and Wednesday at around 2 pm, Larry Ellison, the founder of Oracle Corp, gathers his lieutenants in the board room on the top floor of the software giant's headquarters in Redwood City, California to hear engineers present new products and strategies. Several people who have attended the meetings over the years said all the top Oracle...
Experts gave their takes on whether now is a big buying opportunity for investors in stocks, housing and oil.
Companies making headlines ahead of the bell Tuesday:
Notable, wealthy founders and executives saw a wide spectrum of gains and losses from their company's stock movement in 2014.
In case you missed it, Amazon CEO Jeff Bezos' personal wealth took a hit last year, but Oracle CEO Larry Ellison had a good year.
Dec 30- Inovalon Holdings Inc, an analytics and data-based technology service provider to the healthcare sector, filed with U.S. regulators on Tuesday to raise up to $500 million in an initial public offering of Class A common stock. Goldman, Sachs& Co, Morgan Stanley& Co LLC and Citigroup Global Markets Inc are the lead underwriters of the IPO, the company told the...
Tech companies spent 2014 reinventing themselves with major splits and divestitures. Look who might follow suit in 2015.
Jim Cramer teaches a very important lesson on when to hold or fold. Could it be time to walk away?
Investors can find value in blue-chip health-care stocks and old-world tech names, and should stick to U.S. equities, Chad Morganlander said.
Microsoft won the software game by selling its Windows suite to the biggest companies. Scott Guthrie's job is to reach some of the smallest.