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Oracle Corp

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  • Dec 17- Oracle Corp posted a 3.5 percent rise in total revenue in the company's first quarter since Larry Ellison stepped down as chief executive, bolstered by a 45 percent jump in its fast-growing cloud services business. Investors have been carefully watching how Oracle beefs up its "cloud" divisions, which deliver software over the Internet, as a gauge for how...

  • Oracle beats Street 2Q forecasts Wednesday, 17 Dec 2014 | 4:18 PM ET

    REDWOOD CITY, Calif.— Oracle Corp. posted better-than-expected results Wednesday in its first quarterly report since co-founder Larry Ellison gave up the helm of the business software maker. The average estimate of analysts surveyed by Zacks Investment Research was for adjusted earnings of 68 cents per share. Oracle announced in September that Ellison was...

  • Oracle revenue up 3.5 pct on strong growth in cloud Wednesday, 17 Dec 2014 | 4:09 PM ET

    Dec 17- Oracle Corp reported a 3.5 percent rise in total revenue, bolstered by a 45 percent jump in its fast-growing cloud services business. The company's net income slipped to $2.50 billion in the second quarter ended Nov. 30, from $2.55 billion. Total revenue rose to $9.6 billion from $9.3 billion.

  • Oracle pops after beating forecasts Wednesday, 17 Dec 2014 | 4:01 PM ET
    Mark Hurd, co-president of Oracle Corp.

    Oracle delivered fiscal second-quarter earnings of 69 cents per share on $9.60 billion in revenue, topping expectations on the top and bottom lines.

  • Oracle needs to reach for the cloud: Analyst Wednesday, 17 Dec 2014 | 11:13 AM ET
    A sign in front of Oracle’s headquarters is shown in Redwood Shores, Calif.

    Oracle will report earnings after the bell Wednesday. Rick Sherlund, managing director at Nomura Securities, previews the numbers.

  • Cramer: Things are awesome right now! Monday, 15 Dec 2014 | 6:14 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Jim Cramer wonders... if things are really so bad, then why are so many things going right? He uncovers who is really behind this market decline.

  • NEW YORK, Dec 15- U.S. stocks rose at the open on Monday, following the worst week for the benchmark S&P 500 index in more than two years, with investors focused on crude oil prices which earlier hit a fresh 5-1/ 2- year low. The Dow Jones industrial average rose 113.41 points, or 0.66 percent, to 17,394.24, the S&P 500 gained 15.22 points, or 0.76 percent, to 2,017.55 and the...

  • Early Movers: PETM, BOBE, JNPR, MSFT & more Monday, 15 Dec 2014 | 7:55 AM ET
    Traders work on the floor of the New York Stock Exchange on April 22, 2014

    Some of the names on the move ahead of the open.

  • Cramer: These could be hidden market opportunities Friday, 12 Dec 2014 | 6:13 PM ET

    With low oil prices causing fear in investors, Jim Cramer spells out the opportunities that could be hidden in the market next week.

  • Why you'll be hearing 'Hadoop' a lot in 2015 Friday, 12 Dec 2014 | 10:21 AM ET
    Hadoop the elephant

    The stock market will get its first real taste of Hadoop on Friday, when Hortonworks, a seller of the software, debuts on Nasdaq.

  • Dec 11- Shares of LendingClub Corp, the world's largest online marketplace that connects borrowers and investors, rose as much as 67 percent in their debut, valuing the company at more than $9 billion. The initial public offering of 58 million shares raised $870 million after being priced at $15 per share, well above the expected range of $12- $14.

  • How Uber's $40 billion could become a problem Friday, 5 Dec 2014 | 2:32 PM ET

    Uber's value is growing at an eyebrow-raising rate, but as it's value soars more questions are raised.

  • INSIGHT-Behind Google's Europe woes, American accents Wednesday, 26 Nov 2014 | 1:19 PM ET

    *Google in firing line in Europe as lawmakers vote on break-up. BRUSSELS, Nov 26- When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an ageing Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants. Indeed, to many in Brussels it is Google's fellow Americans- such as Microsoft,...

  • Nov 24- Workday Inc, a maker of cloud-based human resources software, forecast fiscal year 2016 revenue below market estimates, indicating that its stellar growth was easing and sending its shares down 8 percent after the bell. The company, which resorts to aggressive pricing to outdo larger rivals such as Oracle Corp and SAP SE, also forecast current-quarter...

  • Nov 24- Workday Inc, a maker of cloud-based human resources software, reported a reported a wider third-quarter loss as costs jumped, sending its shares down 5 percent after the bell. The company's net loss widened to $59.9 million, or 33 cents per share, in the quarter ended Oct. 31, from $47.5 million, or 27 cents per share, a year earlier. The company, whose rivals...

  • Alibaba wows market with $8B debut dollar bond Thursday, 20 Nov 2014 | 11:59 PM ET

    Alibaba wowed the markets Thursday with its ground-breaking US$8 billion debut dollar bond.

  • Alibaba wows market with US$8bn debut dollar bond Thursday, 20 Nov 2014 | 5:14 PM ET

    NEW YORK, Nov 20- Alibaba wowed the markets Thursday with its ground-breaking US $8 bn debut dollar bond, pricing it at levels in line with and even tighter than some of the world's best-known companies. Alibaba priced US $1 bn 1.625% three-year fixed-rate notes at T +70 bp; a US $300 m three-year floater at 3 mL +52 bp; US $2.25 bn of 2.5% fives at T +95 bp; US $1.5 bn of...

  • Alibaba will sell debut bond on Thursday Thursday, 20 Nov 2014 | 1:13 AM ET
    An employee walks past the Alibaba logo during a media tour organized by government officials at the company’s headquarters outside of Hangzhou, Zhejiang province, China.

    Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US$8 billion in size.

  • Activision settles investor suit for record $275 mln Wednesday, 19 Nov 2014 | 6:58 PM ET

    Nov 19- Videogame maker Activision Blizzard reached a record $275 million settlement over a lawsuit by a shareholder who opposed the company's 2013 deal to acquire its stock that was held by Vivendi SA. The lawsuit by Activision shareholder Anthony Pacchia was prompted by the $8 billion deal in 2013 in which Activision and an investor group known as ASAC...

  • UPDATE 1- Alibaba will sell debut bond on Thursday Wednesday, 19 Nov 2014 | 3:12 PM ET

    NEW YORK, Nov 19- Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around US $8 bn in size that comes just two months after the company's record IPO. Alibaba, which has been sounding out investors this week in Asia, Europe and the US for what will be one of the most sought-after trades of the year, announced the deal...