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Oracle Corp (ORCL.N)

ORCL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Oracle has received final antitrust clearance for NetSuite deal
Monday, 26 Sep 2016 08:30pm EDT 

Oracle :Has received final antitrust clearance approval necessary for acquisition of Netsuite, Inc.  Full Article

Oracle Corp CEO Safra Catz's 2016 compensation $40.9 mln vs $53.2 mln in 2015
Friday, 23 Sep 2016 05:32pm EDT 

Oracle Corp : CEO Mark V. Hurd's 2016 total compensation was $41.1 million versus $53.2 million in 2015 . CEO Safra A. Catz's 2016 total compensation was $40.9 million versus $53.2 million in 2015 .Chairman and Chief Technology Officer Lawrence J. Ellison's 2016 total compensation was $41.5 million versus $63.6 million in 2015 - SEC filing.  Full Article

Oracle says Court grants motion for permanent injunction against copyright infringement by Rimini Street
Thursday, 22 Sep 2016 01:43pm EDT 

Oracle Corp: Court granted Oracle's motion for a permanent injunction against continued copyright infringement by Rimini Street . Court also awarded Oracle $46 million in attorneys' fees, costs against Rimini and Ravin personally on top of $50m in damages awarded by jury last year . Court also awarded Oracle $46 million in attorneys' fees and costs against Rimini and Ravin personally on top of $50 million in damages awarded last year . Court granted motion for a permanent injunction against continued computer access violations by Rimini and its President and CEO, Seth Ravin .Jury found Rimini infringed every one of 93 separate copyright registrations at issue.  Full Article

Oracle says Netsuite to pay a termination fee of $300 mln to co in certain customary circumstances
Monday, 1 Aug 2016 05:13pm EDT 

Oracle Corp :Netsuite inc will be obligated to pay a termination fee of $300 million to oracle in certain customary circumstances - sec filing.  Full Article

Fitch says acquisition of Netsuite does not affect Oracle's 'A+/F1' ratings
Friday, 29 Jul 2016 10:06am EDT 

Fitch:Fitch: acquisition of Netsuite does not affect oracle's 'A+/F1' ratings.  Full Article

Oracle buys Netsuite
Thursday, 28 Jul 2016 08:05am EDT 

Oracle Corp : Oracle buys Netsuite . Oracle says transaction is valued at $109.00 per share in cash, or about $9.3 billion . Expect acquisition to be immediately accretive to Oracle's earnings on a non-gaap basis in first full fiscal year after closing . Closing subject to condition that a majority of Netsuite's shares not owned by executive officers or directors be tendered in tender offer .Special committee unanimously approved transaction on behalf of oracle and its board.  Full Article

Fujitsu and Oracle team up to drive cloud computing
Tuesday, 5 Jul 2016 09:09pm EDT 

Fujitsu Ltd <6702.T>:Fujitsu and Oracle team up to drive cloud computing.  Full Article

Oracle announces Pfizer's selection of Oracle cloud for clinical data management
Monday, 20 Jun 2016 08:00am EDT 

Oracle Corp :Oracle announces pfizer's selection of oracle cloud for clinical data management and trial management across its clinical trial portfolio.  Full Article

Oracle Corp posts Q4 adj. earnings per share $0.81
Thursday, 16 Jun 2016 04:00pm EDT 

Oracle Corp : Q4 FY16 SAAS and PAAS revenues were up 66 pct, and up 68 pct in constant currency . Q4 non-GAAP earnings per share $0.81 . Q4 earnings per share $0.66 . Q4 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Qtrly GAAP operating margin 34 pct versus 36 percent last year . Qtrly non-GAAP operating margin Oracle Corp 43 percent versus 45 percent last year . Board of directors also declared a quarterly cash dividend of $0.15 per share . Now expect Q1 SAAS and PAAS revenue growth to be between 75 pct and 80 pct . "expect that SAAS and PAAS hyper-growth we experienced in FY16 will continue on for next few years" . Qtrly cloud software as a service (SAAS) and platform as a service (PAAS) revenues were $690 million, up 66 pct in U.S. dollars .Qtrly cloud software as a service (SAAS) and platform as a service (PAAS) revenues were $690 million, up 66 pct in U.S. dollars.  Full Article

Oracle Corp posts Q4 adj. earnings per share $0.81
Thursday, 16 Jun 2016 04:00pm EDT 

Oracle Corp : Total Q4 revenues were $10.6 billion, down 1 pct in U.S. Dollars and flat in constant currency . Total Q4 revenues were $10.6 billion, down 1 pct in U.S. Dollars and flat in constant currency . Qtrly earnings per share was $0.66, while non-GAAP earnings per share was $0.81 . Qtrly total cloud revenues, including infrastructure as a service (IAAS), were $859 million, up 49 pct in U.S. Dollars .Q4 earnings per share view $0.81, revenue view $10.47 billion -- Thomson Reuters I/B/E/S.  Full Article

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