Oracle's CEO spoke about the company's acquisition strategy and dismissed skeptics who doubt Oracle's future in the cloud era.» Read More
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. Bank of America Corp. fell. 5 percent to $16.95 with 85,093,900 shares traded. Coca-Cola Co. rose. 6 percent to $42.05 with 43,893,700 shares traded.
*Alibaba up 33 percent in trading debut on heavy volume. NEW YORK, Sept 19- Stock markets around the world were little changed on Friday, paring early advances though equities remained on track for a week of strong gains and Alibaba rallied in its trading debut. Separately, Alibaba Group jumped 33 percent to $90.42 in its debut as one of the biggest IPOs in history.
Sept 19- Oracle Corp's shares fell as much as 5.5 percent after the database software maker reported disappointing quarterly earnings late Thursday and said Larry Ellison was stepping aside as chief executive.
NEW YORK, Sept 19- U.S. stocks were little changed mid-session on Friday after Alibaba's strong debut was offset by falling technology shares as Oracle and Yahoo stumbled.
Sept 19- Shares of database software maker Oracle Corp. fell 2 percent in premarket trading on Friday after the company posted disappointing quarterly earnings late Thursday and at the same time said Larry Ellison was stepping aside as chief executive.
NEW YORK, Sept 19- U.S. stocks were set to rise at the open on Friday after Scotland's vote to remain in the United Kingdom removed market uncertainty and as Alibaba's strong pricing gave support to risk assets. Alibaba priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday.
NEW YORK, Sept 19- Shares of Yahoo were gaining 1.7 percent in the highest volume by far on the Nasdaq early on Friday, after Alibaba priced its initial public offering at $68 a share, the top end of the expected range.
NEW YORK— Oracle's stock is lower in premarket trading Friday after co-founder Larry Ellison announced that he is stepping aside as CEO after 37 years at the helm of the business software maker.
NEW YORK, Sept 19- U.S. stock index futures were rising early on Friday, building on record highs set in the previous session by the Dow industrials and S&P 500 and ahead of the debut of Alibaba Group on the New York Stock Exchange.
Some of the names on the move ahead of the open.
Wall Street futures pointed to higher open on Friday, with Europe shares boosted after Scotland voted against independence from the U.K.
NEW YORK— With Wall Street focused on the debut of Alibaba Group, the stock market drifted into the weekend and major indexes ended little changed. Alibaba gained $25.89 to end at $93.89. Alibaba lined up its initial public offering of stock at $68 a share the day before, raising $21.8 billion from investors.
The "Fast Money" traders share their final trades of the day.
*Oracle shares down after hours. NEW YORK, Sept 18- U.S. stocks rose on Thursday, a day after the U.S. Goldman Sachs rose 1.7 percent to $187.89, the biggest boost to the Dow.
Check out which companies are making headlines after the bell Thursday: Home Depot, McDonald's, Oracle & more.
Sept 18- Oracle Corp reported quarterly revenue below analysts' estimates, hurt by a 7.6 percent fall in hardware systems revenue. Net income was $2.18 billion, or 48 cents per share, down from $2.19 billion, or 47 cents per share, a year earlier. On an adjusted basis, Oracle earned 62 cents per share, less than the 64 cents expected on average by analysts.
SAN FRANCISCO, Sept 18- Oracle Corp's longstanding Chief Executive Larry Ellison stepped down on Thursday, to be replaced by co-CEOs Safra Catz and Mark Hurd, as the business software company looks to modernize and fend off fast-moving cloud-based rivals.
SAN FRANCISCO, Sept 18- Oracle Corp said on Thursday longstanding Chief Executive Larry Ellison will become executive chairman and chief technology officer.
Oracle reported quarterly earnings that trailed Wall Street expectations on Thursday and announced a $13 billion stock buyback.
Safra Catz and Mark Hurd, currently Oracle's presidents, will become the CEOs of the company.