Oracle Corp (ORCL.N) Key Developments | Reuters.com
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Oracle Corp (ORCL.N)

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Latest Key Developments (Source: Significant Developments)

Oracle Corporation declares quarterly cash dividend of $0.15 per share; authorizes repurchase of up to additional $10 bln of common stock under existing share repurchase program in future quarters
Tuesday, 15 Mar 2016 04:00pm EDT 

Oracle Corporation:Board of Directors also declared a quarterly cash dividend of $0.15 per share of outstanding common stock.This dividend will be paid to stockholders of record as of the close of business on April 14, 2016, with a payment date of April 28, 2016.Board of Directors authorized the repurchase of up to an additional $10 billion of common stock under its existing share repurchase program in future quarters.  Full Article

Oracle Corp - U.S. Commerce Dept to place restrictions on China's ZTE Corp - Reuters News - Update
Monday, 7 Mar 2016 08:34am EST 

Oracle Corp:The U.S. Commerce Department is set to place export restrictions on Chinese telecoms equipment maker ZTE Corp for alleged violations of U.S. export controls on Iran, according to documents seen by Reuters - RTRS.The restrictions will make it difficult for the company to acquire U.S. products by requiring ZTE's suppliers to apply for an export licence before shipping any American-made equipment or parts to ZTE.According to a Commerce Department notice that will be published next week in the U.S. Federal Register, the licence applications generally will be denied."We believe the restrictions, if implemented, will cause significant supply problems to ZTE," Jefferies analyst Cynthia Meng wrote in a note, adding that ZTE has major trading relationships with several U.S. companies including Qualcomm, Microsoft and IBM.The Commerce Department investigated ZTE for alleged export-control violations following reports by Reuters in 2012.that the company had signed contracts to ship millions of dollars worth of hardware and software from some of America's technology companies to Iran's largest telecoms carrier, Telecommunication Co of Iran (TCI), and a unit of the consortium that controls it.The U.S. companies, which included Microsoft Corp, IBM , Oracle Corp and Dell Inc, have all said they were not aware of the Iranian contracts. It is not clear if any of the companies still do business with ZTE.  Full Article

Oracle Corp - Oracle settles FTC charges that it left its customers open to hacking - Reuters
Monday, 21 Dec 2015 01:15pm EST 

Oracle Corp:Oracle Corp ORCL.N has settled allegations by the Federal Trade Commission that it failed to notify customers about unaddressed hacking dangers when it released security updates for the estimated 850 million U.S. computers with Java SE software, the agency said on Monday. - RTRS.The FTC alleged that Oracle promised consumers that its updates would make the software "safe and secure." In fact, the agency said, the updates removed some of the problematic software but left behind older versions of Java which were vulnerable to being hacked - RTRS.Oracle, which acquired Java in 2010 when it bought Sun Microsystems, Inc, declined comment on the settlement. - RTRS.Under the terms of the settlement, Oracle is required to notify customers on Twitter or Facebook on how to remove the older software and to assist those who are updating their Java software remove older versions - RTRS.  Full Article

Oracle Corp declares quarterly cash dividend
Wednesday, 16 Sep 2015 04:00pm EDT 

Oracle Corp:Declares quarterly cash dividend of $0.15 per share of outstanding common stock.Says this dividend will be paid to stockholders of record as of close of business on Oct. 14, with a payment date of Oct. 28.  Full Article

Oracle Corp to acquire maxymiser
Thursday, 20 Aug 2015 08:30am EDT 

Oracle Corp:Buys maxymiser.Says to acquire maxymiser, a provider of cloud-based software.  Full Article

TekStream streamlines content collaboration with Oracle Corp's oracle documents cloud
Tuesday, 28 Jul 2015 08:00am EDT 

Oracle Corp:That professional services firm and Gold-level member of Oracle PartnerNetwork (OPN), TekStream Solutions, has adopted company-wide secure file sharing and content collaboration and reduced project setup costs by 30 percent using Oracle Documents Cloud Service.  Full Article

federal court dismissed rimini street, seth ravin's claim that Oracle Corp engaged in "copyright misuse" through software licenses
Monday, 13 Jul 2015 04:09pm EDT 

Oracle Corp:On July 9, 2015, federal court dismissed rimini street, seth ravin's claim that Oracle engaged in "copyright misuse" through software licenses.Court rejected rimini's attempt to exclude oracle's damages expert from testifying at trial in first of two cases between companies.Oracle is suing rimini for $209 million in lost profits; trial begins September 14, 2015.  Full Article

U.S. top court declines to hear Google Inc appeal in Oracle Corp Java fight - Reuters
Sunday, 28 Jun 2015 08:00pm EDT 

Oracle Corp:Says Oracle Corp won a major legal victory in a closely watched copyright case involving the company's Java programing language as the U.S. Supreme Court declined to hear Google Inc's appeal.Says the decision upholds a ruling that allows Oracle to seek licensing fees for the use of some of the Java language.Says Google had said it should be able to use Java without paying a fee.Says the case involves how much copyright protection should extend to Java.Says the litigation now returns to a San Francisco federal court for more proceedings on Google's separate "fair use" defense.Says the case examined whether application programing interfaces, which connect programs, can be copyrighted.Says a San Francisco federal judge decided that the Java APIs replicated by Google were not subject to copyright protection and were free for all to use.  Full Article

Oracle Corp declares quarterly cash dividend
Wednesday, 17 Jun 2015 04:00pm EDT 

Oracle Corp:Declares quarterly cash dividend of $0.15 per share of outstanding common stock.Says this dividend will be paid to stockholders of record as of the close of business on July 8, with payment date of July 29.  Full Article

Oracle Corp prices $10 billion aggregate principal amount of investment grade notes
Tuesday, 28 Apr 2015 11:53pm EDT 

Oracle Corp:Says pricing of its sale of $2,500,000,000 of 2.500 pct. notes due 2022, $2,500,000,000 of 2.950 pct. notes due 2025, $500,000,000 of 3.250 pct. notes due 203, $1,250,000,000 of 3.900 pct. notes due 2035.$2,000,000,000 of 4.125 pct. notes due 2045 and $1,250,000,000 of 4.375 pct. notes due 2055.Offering is expected to settle on May 5.Says 2022 notes will bear interest at rate of 2.500 pct. per year, 2025 notes will bear interest at rate of 2.950 pct. per year, 2030 notes will bear interest at rate of 3.250 pct. per year, 2035 notes will bear interest at rate of 3.900 pct. per year.2045 notes will bear interest at rate of 4.125 pct. per year and 2055 notes will bear interest at rate of 4.375 pct. per year.Says interest will be payable semi-annually on May 15 and Nov. 15 for each of 2022 notes, 2025 notes, 2030 notes, 2035 notes, 2045 notes and 2055 notes, commencing Nov. 15, 2015.Intends to use net proceeds of offering for general corporate purposes, which may include stock repurchases, payment of cash dividends on its common stock and future acquisitions.Offering is being made through an underwriting syndicate led by J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC.  Full Article

BRIEF-Oracle announces Pfizer's selection of Oracle cloud for clinical data management

* Oracle announces pfizer's selection of oracle cloud for clinical data management and trial management across its clinical trial portfolio Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)