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Oracle Corp (ORCL.N)

ORCL.N on New York Stock Exchange

51.17USD
16 Nov 2018
Change (% chg)

$0.54 (+1.07%)
Prev Close
$50.63
Open
$50.51
Day's High
$51.44
Day's Low
$50.46
Volume
4,944,383
Avg. Vol
4,173,924
52-wk High
$53.47
52-wk Low
$42.57

Latest Key Developments (Source: Significant Developments)

Google Cloud CEO Diane Greene To Step Down; Will Be Replaced By Thomas Kurian
Friday, 16 Nov 2018 12:54pm EST 

Nov 16 (Reuters) - :THOMAS KURIAN WILL BE JOINING GOOGLE CLOUD ON NOVEMBER 26TH AND TRANSITIONING INTO THE GOOGLE CLOUD LEADERSHIP ROLE IN EARLY 2019 - GOOGLE CLOUD BLOG.GOOGLE CLOUD CEO DIANE GREENE SAYS WILL CONTINUE AS CEO THROUGH JANUARY, WORKING WITH THOMAS KURIAN TO ENSURE A SMOOTH TRANSITION- GOOGLE CLOUD BLOG.GOOGLE CLOUD CEO DIANE GREENE SAYS WILL REMAIN A DIRECTOR ON THE ALPHABET BOARD - GOOGLE CLOUD BLOG.  Full Article

Court Orders Rimini Street To Comply With Permanent Injunction Prohibiting Further Infringement
Wednesday, 7 Nov 2018 04:37pm EST 

Oracle Corp ::COURT ORDERS RIMINI STREET TO COMPLY WITH PERMANENT INJUNCTION PROHIBITING FURTHER INFRINGEMENT.ORACLE - ON MONDAY, COURT REJECTED RIMINI STREET'S MOTION TO STAY, EFFECTIVELY DELAY A PERMANENT INJUNCTION ISSUED BY FEDERAL DISTRICT COURT IN NEVADA.  Full Article

Oracle reports Q1 EPS $0.57
Monday, 17 Sep 2018 04:05pm EDT 

Sept 17 (Reuters) - Oracle Corp ::Q1 FY19 GAAP EPS UP 13 PCT TO $0.57 AND NON-GAAP EPS UP 18 PCT TO $0.71.Q1 NON-GAAP EARNINGS PER SHARE $0.71.Q1 GAAP EARNINGS PER SHARE $0.57.Q1 REVENUE $9.2 BILLION VERSUS I/B/E/S VIEW $9.3 BILLION.Q1 EARNINGS PER SHARE VIEW $0.69 -- THOMSON REUTERS I/B/E/S.QTRLY NON-GAAP OPERATING MARGIN 41 PERCENT VERSUS 47 PERCENT REPORTED LAST QUARTER.QTRLY TOTAL CLOUD SERVICES AND LICENSE SUPPORT PLUS CLOUD LICENSE AND ON-PREMISE LICENSE REVENUES WERE UP 2 PCT TO $7.5 BILLION.BOARD OF DIRECTORS INCREASED AUTHORIZATION FOR SHARE REPURCHASES BY $12.0 BILLION.QTRLY TOTAL HARDWARE REVENUE $904 MILLION VERSUS $943 MILLION.  Full Article

Rimini Street Inc Says District Court Granted Motion For Temporary Stay Of Injunction
Thursday, 13 Sep 2018 05:16pm EDT 

Sept 13 (Reuters) - Oracle Corp ::RIMINI STREET INC - ON SEPT 12, DISTRICT COURT GRANTED RIMINI CO'S MOTION FOR TEMPORARY STAY OF INJUNCTION ISSUED IN ORACLE V. RIMINI STREET ON AUG 16.RIMINI STREET - MOTION FOR TEMPORARY STAY OF INJUNCTION FOR PERIOD OF UP TO 60 DAYS, OR UNTIL NOV 11 TO ALLOW CO TO SEEK STAY WITH THE NINTH CIRCUIT.  Full Article

Oracle Comments On Terix Criminal Sentences
Friday, 6 Apr 2018 01:05pm EDT 

April 6 (Reuters) - Oracle Corp ::ORACLE COMMENTS ON TERIX CRIMINAL SENTENCES.  Full Article

Oracle Signs Agreement With Midwestern Higher Education Compact
Wednesday, 21 Mar 2018 08:00am EDT 

March 21 (Reuters) - Oracle Corp ::ORACLE SIGNS AGREEMENT WITH MIDWESTERN HIGHER EDUCATION COMPACT.ORACLE - CONTRACT EXTENDS TO THE NEW ENGLAND BOARD OF HIGHER EDUCATION, SOUTHERN REGIONAL EDUCATION BOARD.ORACLE - CONTRACT ALSO EXTENDS TO THE WESTERN INTERSTATE COMMISSION FOR HIGHER EDUCATION​.  Full Article

Aconex Says Shareholders Have Voted In Favour Of Proposed Acquisition By Oracle Corp Through Its Unit
Wednesday, 14 Mar 2018 12:28am EDT 

March 14 (Reuters) - Aconex Ltd ::SHAREHOLDERS HAVE VOTED IN FAVOUR OF PROPOSED ACQUISITION BY ORACLE CORP THROUGH ITS UNIT VIA A SCHEME OF ARRANGEMENT.APPLIED TO SUPREME COURT OF VICTORIA FOR APPROVAL OF SCHEME AT HEARING SCHEDULED FOR MARCH 15.IF SCHEME IS APPROVED BY COURT, ACONEX SHAREHOLDERS WILL BE ENTITLED TO RECEIVE CASH SCHEME CONSIDERATION OF A$7.80 PER SHARE​.  Full Article

SAP CEO says investors underestimate its CRM and database moves
Tuesday, 6 Mar 2018 01:55pm EST 

March 6 (Reuters) - SAP CEO says his "focus is now big time on CRM"; takes aim at rivals Salesforce.com and Oracle Corp :Chief Executive Bill McDermott says financial analyst models have not factored in his company's progress in building customer relationship management platform to challenge rivals."I don't think any of that tailwind is actually factored in" to SAP stock, McDermott told financial analysts and investors at the German company's annual Capital Markets Day meeting in New York on Tuesday..  Full Article

Aconex Receives Foreign Investment Review Board Notification Regarding Oracle Corp Buying Co
Wednesday, 28 Feb 2018 05:40pm EST 

March 1 (Reuters) - Aconex Ltd ::RECEIVES FOREIGN INVESTMENT REVIEW BOARD NOTIFICATION CONFIRMING AUSTRALIAN GOVERNMENT HAS NO OBJECTIONS TO ORACLE CORP BUYING CO."ALL RELEVANT GOVERNMENT AGENCIES HAVE NOW ALSO PROVIDED MERGER CLEARANCE IN RESPECT OF THE SCHEME".PROPOSED ACQUISITION OF CO BY ORACLE CORP TO BE EXECUTED VIA ORACLE CORP'S UNIT, VANTIVE AUSTRALIA PTY.  Full Article

Oracle Corp Announces Strategic Partnership With Universal Tennis
Tuesday, 27 Feb 2018 09:00am EST 

Feb 27 (Reuters) - Oracle Corp ::ORACLE CORP - UNIVERSAL TENNIS AND CO ANNOUNCED A STRATEGIC PARTNERSHIP.  Full Article

Oracle veteran Thomas Kurian to replace Diane Greene as Google Cloud CEO

Nov 16 Former Oracle Corp product chief Thomas Kurian is replacing Diane Greene as chief executive of Alphabet Inc's Google Cloud, according to a blog post https://cloud.google.com/blog/topics/inside-google-cloud/transitioning-google-cloud-after-three-great-years from Greene.