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Software Software

  • *Tiffany rises on 4th- qtr profit beat. March 17- U.S. stocks were modestly lower on Friday as the lingering effects of the Federal Reserve's less aggressive stance on the rates outlook hurt the financial sector. "We got the rate increase that the market was looking for, albeit some of the future expectations were a little bit more muted then investors had been...

  • March 17- MuleSoft Inc's shares jumped as much as 49.7 percent in their debut, giving the enterprise software company a market capitalization of $3.21 billion. The offering of 13 million shares was priced at $17 each on Thursday- above the expected range of $14- $16- and raised about $221 million. MuleSoft's shares opened at $24.25 and hit a high of $25.45 on the New...

  • BERLIN— Germany plans to test software that can automatically recognize a person's dialect to help determine whether asylum-seekers are really where they claim they're from. Germany's Office for Migration and Refugees confirmed a report on the pilot project Friday by the Die Welt newspaper. Authorities have expressed concern that some asylum-seekers...

  • NEW YORK, March 17- Only two years ago, an outage similar to the one that struck Amazon's cloud services last month would have reinforced U.S. financial firms' view that shifting data and systems onto the public cloud was just too risky. That change of heart came after providers Amazon Inc, Microsoft Corp and Alphabet Inc's Google took steps to assure financial...

  • NEW YORK, March 17- Only two years ago, an outage similar to the one that struck Amazon's cloud services last month would have reinforced U.S. financial firms' view that shifting data and systems onto the public cloud was just too risky. That change of heart came after providers Amazon Inc, Microsoft Corp and Alphabet Inc's Google took steps to assure financial...

  • ATLANTA _ Numerex Corp. on Thursday reported a loss of $11.2 million in its fourth quarter. On a per-share basis, the Atlanta- based company said it had a loss of 57 cents. For the year, the company reported that its loss widened to $24.3 million, or $1.25 per share.

  • Oracle Corp., up $2.68 to $45.73. KCG Holdings Inc., up $1.08 to $17.98. Johnson Controls Inc., down 16 cents to $41.77.

  • SAN JOSE, Calif. _ Adobe Systems Inc. on Thursday reported fiscal first-quarter profit of $398.4 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. Three analysts surveyed by Zacks expected $1.64 billion.

  • March 16- U.S. stocks slipped on Thursday as healthcare and utilities stocks fell while financials rose with bond yields as traders reversed their initial reaction to the U.S. Investors were likely taking profits in healthcare stocks, which have outperformed the broader market so far this year but face policy uncertainty, according to Jim Paulsen, chief...

  • Marcus Lemonis is a self-made millionaire, entrepreneur, and host of CNBC's

    This is why Marcus Lemonis says most people may not be cut out for entrepreneurship.

  • March 16- U.S. stocks slipped on Thursday pressured by healthcare shares after proposals in President Donald Trump's budget signaled higher regulatory costs for the sector and a cut in federal funding for medical research. For 2018, the Trump administration has budgeted over $2 billion in fees to be collected by the U.S. Food and Drug Administration from the...

  • BIEL, Switzerland, March 16- Swatch Group is developing a Swiss-made operating system as it seeks to offer a smaller, more flexible alternative to the dominant systems which connect items such as smartwatches to the internet, its chief executive said on Thursday. Nick Hayek said the biggest problems facing competitors' smartwatches related to energy...

  • *Fed signals two more rate hikes this year. *Feb. housing starts rise more than expected. March 16- U.S. stocks slipped on Thursday as declines in the healthcare sector outweighed gains in financial stocks.

  • *Tesla up on plan to raise $1.15 bln. March 16- U.S. stocks opened slightly higher on Thursday as Oracle boosted the technology sector and bank shares gained after the Federal Reserve raised interest rates for the first time this year. "A less aggressive Fed was clearly the message the markets wanted to hear and indeed acted accordingly," Peter Cardillo, chief market...

  • Stocks ended up little changed on Wall Street after an early morning rally faded away. Business software company Oracle surged 6 percent after reporting better earnings than analysts expected. More stocks rose than fell on the New York Stock Exchange.

  • *Q3 adj EPS $0.69/ shr vs $0.62/ shr. Oracle's shares rose 5.2 percent to $45.30 in extended trading on Wednesday. "The worst of this cloud transition is over," Drexel Hamilton analyst Brian White wrote in a note.

  • Net income rose to $2.24 billion, or 53 cents per share, in the third quarter ended Feb. 28, from $2.14 billion, or 50 cents per share, a year earlier. The company's total adjusted revenue rose to $9.27 billion from $9.01 billion. Analysts on average had expected revenue of $9.26 billion, and a profit of 62 cents per share according to Thomson Reuters I/B/E/S.

  • REDWOOD CITY, Calif. _ Oracle Corp. on Wednesday reported fiscal third-quarter profit of $2.24 billion. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 62 cents per share. Oracle shares have climbed 12 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 7 percent.

  • March 15- Business software maker Oracle Corp reported a near 3 percent rise in quarterly adjusted revenue as it benefits from its transition to cloud-based products. Net income rose to $2.24 billion, or 53 cents per share, in the third quarter ended Feb. 28, from $2.14 billion, or 50 cents per share, a year earlier. The company's total adjusted revenue rose to $9.27...

  • The legendary astronaut has some advice for the visionary CEO of SpaceX.

 

  • Matt Hunter is the senior technology editor at CNBC.com.

  • Anita Balakrishnan

    CNBC.com news associate

  • Michelle Castillo CNBC

    Michelle Castillo is a reporter for CNBC Digital, covering advertising and media.

  • Ari Levy

    Senior Tech Reporter

  • Harriet Taylor

    Harriet Taylor is a CNBC.com technology reporter based in San Francisco.

  • Julia Boorstin

    Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt

    Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Josh Lipton

    Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.