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  • Oracle blames dollar for earnings and revenue miss Wednesday, 17 Jun 2015 | 5:10 PM ET

    Oracle's stock fell more than 7 percent in after-hours trading following the company's miss on the top and bottom line.

  • UPDATE 2-Oracle sales, profit miss estimates; shares fall Wednesday, 17 Jun 2015 | 5:02 PM ET

    June 17- Oracle Corp's quarterly profit and revenue fell short of analysts' estimates, as weak sales of its traditional database software licenses were made worse by a strong U.S. dollar that lowered the value of foreign sales. Shares of Microsoft Corp and Salesforce.com, two of Oracle's closest rivals, were close to unchanged. "This was an ugly print and speaks to...

  • US STOCKS-Wall St ends higher in choppy post-Fed trading Wednesday, 17 Jun 2015 | 4:30 PM ET

    *Oracle slides after the bell on revenue miss. June 17- U.S. stocks ended slightly higher following a choppy session Wednesday after the Federal Reserve said the U.S. economy is likely strong enough to withstand an interest rate hike later this year. At the same time, it seems like there was a notching down of the magnitude of rate hike expectations, "said Nick Kalivas,...

  • June 17- Oracle Corp, a business software and database company, reported a 5.4 percent fall in quarterly revenue, hurt by a strong dollar. Net income fell to $2.76 billion, or 62 cents per share, in the fourth quarter ended May 31, from $3.65 billion, or 80 cents per share, a year earlier. Revenue fell to $10.71 billion from $11.32 billion.

  • June 17- Oracle Corp, a business software and database company, reported fourth-quarter profit and revenue below analysts' average estimates, hurt by a strong dollar and lower revenue from new software licenses business. Shares of Oracle, seen as a barometer for the technology sector, fell 7 percent to $41.75 in after-hours trading. Oracle's net income fell to...

  • Oracle revenue falls 5.5 pct hurt by a stronger dollar Wednesday, 17 Jun 2015 | 4:05 PM ET

    June 17- Oracle Corp, a business software and database company, reported a 5.4 percent fall in quarterly revenue, hurt by a strong dollar. Net income fell to $2.76 billion, or 62 cents per share, in the fourth quarter ended May 31, from $3.65 billion, or 80 cents per share, a year earlier. Revenue fell to $10.71 billion from $11.32 billion.

  • Oracle misses on top & bottom Wednesday, 17 Jun 2015 | 4:04 PM ET
    Oracle misses on top & bottom

    Oracle is reporting EPS miss of $0.78 adjusted on revenue miss of $10.71 billion, with CNBC's Josh Lipton; Dan Morgan, Synovus Trust; and FM trader Brian Kelly.

  • Stocks close mildly higher as Street digests Fed Wednesday, 17 Jun 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed modestly higher as investors sought insight on the timing of a rate hike from the Federal Reserve statement and Yellen's remarks.

  • Oracle earnings: Will history repeat itself? Wednesday, 17 Jun 2015 | 12:43 PM ET

    Oracle is set to report earnings after the bell today for the fourth quarter, which is usually their strongest. What can we expect from this quarter's results?

  • Oracle chart looks poised to breakout: Technician Wednesday, 17 Jun 2015 | 11:47 AM ET
    Traders work on the floor at the New York Stock Exchange.

    Technical analyst Rich Ross explains why strong earnings out of Oracle on Wednesday could bring the stock to multi-year highs.

  • What the future may hold for Oracle Wednesday, 17 Jun 2015 | 11:13 AM ET
    Oracle Corp. headquarters in Redwood Shores, California.

    Oracle is shifting from software and hardware to cloud computing and data. Here's what to expect during that transition.

  • Seeing into Oracle's future Wednesday, 17 Jun 2015 | 9:00 AM ET
    Seeing into Oracle's future

    Here's what to expect from Oracle beyond its earnings report after the bell Wednesday.

  • US stocks on countdown to Fed Wednesday, 17 Jun 2015 | 7:59 AM ET
    A trader works on the floor of the New York Stock Exchange.

    U.S. stock futures pointed to a flat to slightly higher open, with the spotlight shifting from the crisis in Greece to the Federal Reserve.

  • BEIJING, June 12- The Internet bank affiliate of China's Alibaba Group Holding Ltd on Friday touted its in-house cloud computing system as an alternative to the U.S. technology that the government wants to purge from the domestic financial sector. The new technology systems of soon-to-launch MYbank would avoid products from IBM Corp, Oracle Corp and EMC Corp,...

  • Bumpy ride ahead for stocks. How to play it Wednesday, 10 Jun 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange.

    It's been quiet in the U.S. stock market this year ... too quiet.

  • China may try to force US firms to give up code Friday, 5 Jun 2015 | 2:30 PM ET
    A Chinese policeman stands guard in front of a portrait of Mao Zedong at Tiananmen Square in Beijing, China.

    Beijing is planning a series of regulations designed to force tech firms to give up their secrets in exchange for doing business in China.

  • ST. LOUIS, June 4- Many criminals and some legitimate businessmen who don't want the U.S. government to be informed of their financial activity rely on a simple tactic: break up bank deposits and withdrawals so that each is under $10,000. Hastert, who left Congress in 2007, was charged with structuring the withdrawal of more than $950,000 in cash to evade a...

  • *Felix Capital Partners will focus on Europe. LONDON, June 3- Frederic Court, one of Europe's standout early-stage investors in recent years, has formed a venture capital firm to invest in digital fashion brands and enabling technologies. His new firm, London- based Felix Capital Partners, will focus on first- and second-round investments in online retail,...

  • Obama administration weighs in on Google fight Wednesday, 27 May 2015 | 7:39 AM ET
    U.S. Supreme Court

    The Obama administration said the U.S. Supreme Court should not hear Google's appeal against Oracle with wide implications for the tech industry.

  • WASHINGTON/ SAN FRANCISCO, May 26- The Obama administration on Tuesday sided against Google Inc and said the U.S. Supreme Court should not hear the company's appeal in a case against Oracle Corp with wide implications for the technology industry, according to a court filing. Oracle won a federal appeals court ruling last year that allows it to copyright parts of...