Oracle's CEO spoke about the company's acquisition strategy and dismissed skeptics who doubt Oracle's future in the cloud era.» Read More
SAN FRANCISCO, Sept 30- Larry Ellison was the main draw for tens of thousands of technology professionals at Oracle Corp's annual conference in San Francisco on Tuesday, where he joked about losing his name after relinquishing his role as the company's CEO.
NEW YORK— Microsoft co-founder Bill Gates topped Forbes' latest list of the 400 richest Americans for the 21st straight year. Investor Warren Buffett, the head of Berkshire Hathaway Inc., remained in second place at $67 billion. Oracle Corp. co-founder Larry Ellison also kept his No. 3 spot with $50 billion.
BOSTON, Sept 26- Oracle Corp warned customers on Friday that more than 30 products are vulnerable to the "Shellshock" bug, including its high-end Exadata computer systems.
Sept 23- Oracle Corp's Larry Ellison, who is stepping aside as chief executive officer, took less money home in fiscal 2014 that the year before following criticism of his compensation and concerns about the software company's struggles against smaller rivals.
Sept 23- Oracle Corp's Larry Ellison, who is stepping aside as CEO, received $67.3 million as compensation in that role in 2014, a 15.5 percent drop from a year earlier. Oracle surprised Wall Street last week with the announcement that Ellison would be replaced by presidents Safra Catz and Mark Hurd..
A year after his company went private, Michael Dell talked about the PC business, whether he'll take Dell public again, and cloud startup valuations.
Sept 23- Oracle Corp's Larry Ellison's salary as chief executive dropped 15.5 percent to $67.3 million in 2014, according to a company filing on Tuesday. Oracle surprised Wall Street last week with the announcement that Ellison was stepping aside as CEO to be replaced by presidents Safra Catz and Mark Hurd in a joint role..
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AbbVie fell 2.0 percent to $57.56 with 21,744,100 shares traded. Bank of America Corp. rose. 1 percent to $17.05 with 89,952,800 shares traded.
Aging technology giants are having a hard time staying relevant in today's post-PC world, and some are looking for deals to push growth. NYT reports.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Alcoa Inc. fell 2.3 percent to $15.83 with 22,421,800 shares traded. Alpha Natural Resources Inc. fell 9.4 percent to $2.70 with 22,178,100 shares traded.
Tell us which of these entrepreneurs do you admire the most?
NEW YORK, Sept 19- If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp? Of 12 analysts who replied to an anonymous poll, five said Catz would likely run Oracle, while only one voted for Hurd, 57. Four said both would continue to run the company, one said neither, and one plumped for dark-horse internal candidate Thomas Kurian.
New money making opportunities lie ahead. “This stock has a history of reporting, then selling off, and rallying again," Cramer said.
The "Fast Money" traders share their final trades of the day.
NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Oracle Corp., down $1.75 to $39.80. Dresser-Rand Group Inc., up $6.88 to $79.91.
Stocks rose Friday amid enthusiasm for Alibaba's market debut and relief over voting in Scotland.
*Alibaba soars in debut, Yahoo falls. NEW YORK, Sept 19- U.S. stocks closed little changed on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled, but the Dow managed to edge higher to set a record for a second straight session.
NEW YORK, Sept 19- Stock markets around the world closed flat on Friday as early gains failed to hold through the session, though the upward trend in equities continued and Alibaba soared in its historic U.S. trading debut. Alibaba Group, one of the biggest IPOs ever, ended up 38 percent at $93.89 on massive volume.
NEW YORK, Sept 19- The Dow and S&P 500 ended Friday's session with slight moves, while the Nasdaq closed lower after Alibaba's strong debut was offset by such falling technology shares as Oracle and Yahoo.
SAN FRANCISCO, Sept 19- By promoting its two presidents to serve as co-chief executives instead of founder and CEO Larry Ellison, database-and-software behemoth Oracle is setting itself a course that has confounded other big companies.