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Oracle Corp (ORCL.N)

ORCL.N on New York Stock Exchange

43.17USD
24 Feb 2017
Change (% chg)

$0.21 (+0.49%)
Prev Close
$42.96
Open
$42.80
Day's High
$43.19
Day's Low
$42.74
Volume
3,519,363
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52-wk High
$43.19
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Latest Key Developments (Source: Significant Developments)

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

Oracle "confident" that its cloud accounting "proper and correct" -spokeswoman
Thursday, 2 Jun 2016 11:06am EDT 

Oracle Corp spokeswoman Deborah Hellinger: "We are confident that all our cloud accounting is proper and correct" . Former finance manager who sued company "worked at Oracle for less than a year and did not work in the accounting group" . Former finance manager who sued company "was terminated for poor performance", Oracle "intends to sue her for malicious prosecution" Further company coverage: [ORCL.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Oracle faces whistleblower lawsuit by ex-finance official in cloud business over accounting
Wednesday, 1 Jun 2016 05:52pm EDT 

Oracle Corp : Is sued by former senior finance manager in cloud business in whistleblower case -- court filing . The plaintiff, svetlana blackburn, says she faced retaliation for trying to blow whistle on accounting she considered unlawful . Blackburn says upper management tried to push her to "fit square data into round holes" to bolster cloud services reports . Blackburn says bosses instructed her to add millions of dollars of accruals, with no foreseeable billing data to support it . Blackburn says Oracle terminated her employment in October 2015, not long after her whistleblowing efforts began . Lawsuit accuses Oracle of violating anti-retaliation provisions of sarbanes-oxley, dodd-frank laws . Lawsuit filed in San Francisco federal court seeks punitive damages, double back pay, other remedies.  Full Article

Moody's says Alphabet's victory in code copyright case is credit positive
Friday, 27 May 2016 04:09pm EDT 

Moody's On Alphabet : Moody's says alphabet inc.'s victory in code copyright case is credit positive; ratings unchanged . Court's decision in favor of google is positive for co as it does not have to incur damages .Alphabet's ratings and outlook remain unchanged as impact of the court's decision will not change the company's credit profile.  Full Article

Jury reaches verdict in oracle versus Google trial-CNBC
Thursday, 26 May 2016 04:03pm EDT 

: Jury Reaches Verdict In Oracle Vs. Google Trial-CNBC (Bengaluru Newsroom +91 80 6749-1130; within U.S. +1 646 223 8780).  Full Article

More From Around the Web

Oracle pushes for 'fair use' do-over in Google copyright battle

Oracle Corp has asked a federal appeals court to revive its $9 billion lawsuit alleging Google Inc unlawfully copied its Java programming language to create the Android operating system, which runs more than 80 percent of the world’s smartphones.