I’m hoping you have to go to a museum to see Oracle and SAP software, said a candid CEO during an interview with Cramer.» Read More
The business software bellwether reported a higher profit that topped what analysts were expecting as revenue from new software licenses ratcheted higher for the second quarter in a row.
What follows is a roundup of corporate earnings reports for Wednesday, Jan. 27.
Retail sales, at down 0.3 percent, was below expectations of a gain of 0.5 percent, though November was revised upward, while first time unemployment claims rose slightly more than expected for the week.
Plus, get Cramer’s calls on retail, natural gas, defense and more.
Nine chief executives and chairmen from around the world have signed up for an exclusive CNBC initiative, "The Carbon Council", aimed at identifying opportunities in clean technology and the larger business of sustainability.
Stocks tumbled on Wednesday in a broad sell-off, sending the benchmark S&P 500 lower for a fourth straight day, erasing October gains.
Despite this gloom and doom talk, we are only 3 percent off our recent highs! The average correction since the March lows is 4 percent!
In addition to the usual specialized brokerage and accounting services any commodity needs, carbon markets also require established standards to ensure credits are reliably similar and registries to track those credits from birth to retirement
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On Wednesday Germany-based tech titan SAP reiterated its 2009 outlook. What does that mean for the tech trade?
As the Markey-Waxman bill on carbon emissions cap-and-trade makes it way through the Senate, a new carbon-counting reality may soon be here for American businesses.
In the current economic climate, with C-level executives in every type of business wanting to wring every penny from their corporate processes, sustainability means finding ways to reduce, reuse, and repurpose anything along their supply chain, leading hopefully to a leaner, cleaner—and greener—operation.
This company did a great job of fending off the recession. But will that trend continue?
Before my interview today with Microsoft CEO Steve Ballmer, he glared at me when I told him what Yahoo's CEO Carol Bartz had to say about a potential partnership: I can't react to an offer or a deal when there's no offer or deal to react to, she said. Sometimes silence speaks volumes.
The S&P 500 fell on Monday as investors booked profits in financial sector with comments made by widely followed banking analyst Whitney Tilson on CNBC fueling the sell-off.
Stocks shed 1.8 percent Monday as investors took a breather after last week's run. The Nasdaq's drop was less severe as techs gained.
It seems the recent rally in tech has some pretty impressive coat tails. Even Microsoft is higher!
Software analyst John DiFucci notes a startling development at Oracle. "What we've seen all across the S&P is, people cutting their dividends, cutting them significantly; Oracle's instituting a new dividend," he told CNBC. "What that says is, Oracle's management team is confident in its free cash flow."
The pace of corporate layoffs picked up sharply in January 2009, reflecting the worsening US recession.