NDTV Profit

Oracle Corp News


'Oracle Corp' - 31 News Result(s)

  • Blackstone heading to Texas to firm up Dell strategy

    Blackstone heading to Texas to firm up Dell strategy

    Blackstone Group will visit Dell Inc's headquarters on Monday to begin an in-depth analysis of the company, sources said, a strong sign the buyout firm is proceeding with an offer that could upset founder Michael Dell's $24.4 billion buyout bid.

  • Michael Dell spoke with Blackstone during 'go-shop': report

    Michael Dell spoke with Blackstone during 'go-shop': report

    Dell Inc founder and CEO Michael Dell met with private equity firms Blackstone Group LP and Francisco Partners during the computer maker's "go-shop" period, a person familiar with the matter said on Friday.

  • Dell warns of risks of remaining a public company

    Dell warns of risks of remaining a public company

    Dell Inc warned on Friday that it would be dangerous to take on a lot of debt and remain a public company given its worsening profit outlook, in a sign that it views proposals from Blackstone Group LP and billionaire investor Carl Icahn as fraught with risk.

  • Wall Street falls on euro zone growth worries; Oracle drops

    Wall Street falls on euro zone growth worries; Oracle drops

    US stocks declined on Thursday, dragged down by concerns about euro-zone growth and Oracle's sharp miss on quarterly results, which weighed on tech shares.

  • Wall Street opens lower, Oracle weighs

    Wall Street opens lower, Oracle weighs

    The Dow Jones industrial average was down 63.55 points, or 0.44 per cent, at 14,448.18. The Standard & Poor's 500 Index was down 7.72 points, or 0.50 per cent, at 1,550.99. The Nasdaq Composite Index was down 23.19 points, or 0.71 per cent, at 3,231.00.

  • Wall Street flat after jobless claims; housing data to come

    Wall Street flat after jobless claims; housing data to come

    US stock index futures were little changed on Thursday as jobless claims last week were in line with expectations and investors awaited data on the housing and manufacturing sectors.

  • Oracle Q3 revenue drops 2%, stock falls 8%

    Oracle Q3 revenue drops 2%, stock falls 8%

    Oracle Corp blamed its rapidly expanding salesforce for a severe miss in third-quarter software sales and warned that its ailing hardware business will lose more ground this quarter, driving its shares 8 percent lower on Wednesday.

  • Oracle to buy network gear maker Acme Packet for $2.1 billion

    Oracle to buy network gear maker Acme Packet for $2.1 billion

    Oracle Corp will buy network equipment maker Acme Packet Inc for $2.1 billion, putting it in a better position to compete with Cisco Systems Inc in moving data securely over internet networks.

  • US warns on Java software as security concerns escalate

    US warns on Java software as security concerns escalate

    The US Department of Homeland Security urged computer users to disable Oracle's Java software, amplifying security experts' prior warnings to hundreds of millions of consumers and businesses that use it to surf the Web.

  • Oracle beats outlook, shrugs off fiscal debate

    Oracle beats outlook, shrugs off fiscal debate

    Technology giant Oracle Corp said software sales growth will stay strong into the new year despite fears that there could be big tax hikes and U.S. government spending cuts that could cause a slump in spending by customers.

  • Oracle settles market regulator’s charges over secret India payments with $2-million fine

    Oracle settles market regulator’s charges over secret India payments with $2-million fine

    Oracle Corp agreed to pay a $2 mn fine to settle US SEC charges that an India subsidiary secretly set aside money used to make unauthorized payments to phony vendors in that country.

  • Google says Oracle should not get piece of Android

    Google says Oracle should not get piece of Android

    Google says it does not violate Oracle's patents and that Oracle cannot copyright certain parts of Java.

  • Apple finally shares $98 billion cash hoard

    Apple finally shares $98 billion cash hoard

    The $10 billion annual dividend program ranks among the largest current US corporate cash payouts.