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Oracle: Sun Integration Going "Better Than Expected"
Evidently, Oracle’s integration of Sun is coming along well. Reporting third-quarter earnings that were in line with Street estimates after market close Thursday, the company offered an enthusiastic...
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Sun Boosts Oracle Profits
Oracle’s fourth quarter was a strong one, thanks to increasing software sales and new revenue from the acquisition of Sun Microsystems. Posting financials after the bell Thursday, Oracle (ORCL)...
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Ousted HP CEO Named Co-President of Oracle
Talk about quick rebounds. One month after resigning his position at Hewlett-Packard amid allegations of business-standard improprieties, ousted HP CEO Mark Hurd has a new gig: Co-president of Oracle....
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Oracle Co-President on SAP's Damages Offer: "It's Crazy"
Whatever points SAP managed to score in its high-stakes legal battle with Oracle Monday–by introducing an email from Oracle President Safra Catz suggesting the company had not lost any large customers...
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Plattner and White No-Shows at Oracle-SAP Trial
Oracle’s long-running legal battle with SAP and its now-shuttered TomorrowNow subsidiary is heading toward its climax. SAP is expected to rest its case Thursday, after which Oracle will call rebuttal...
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Oracle Rests SAP Case, Slams HP CEO
Just a day or so left now before the jury in the Oracle-SAP trial begins its deliberations. Oracle called its last rebuttal witness early Friday and closing arguments will soon follow. In the end,...
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LOLCatz: Safra on The Stand Again in Oracle-SAP Trial
Testimony in the Oracle vs SAP trial wrapped up on Friday with a second appearance by Oracle co-President Safra, who said SAP should pay at least $1.6 billion in damages for the copyright...
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Oracle Beats Q2 Earnings Forecasts
Oracle’s earnings are in. Both revenue and profits beat the expectations of analysts. Sales were $8.6 billion, helped mostly by new software license sales that grew 21 percent to $2 billion, while...
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Larry to HP and IBM: We're Coming for Your Server Customers
It’s not exactly a news flash that Oracle CEO Larry Ellison is one determined and competitive CEO. But it’s another thing to hear him say it. During tonight’s quarterly earnings call, as Oracle...
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Oracle Delivers on Earnings and on Its Promise to Profitably Acquire Sun
The Oracle machine kept on chugging along in the third quarter as profits rose 78 percent to $2.1 billion, or 54 cents a share before items, versus $1.19 billion a year earlier. Revenue was $8.8...
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Oracle Co-President Safra Catz Adds CFO Duties as Jeff Epstein Leaves
Software giant Oracle said that co-President Safra Catz will take over as chief financial officer following the resignation of Jeff Epstein, who had reported directly to Catz. This will be her second...
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Who's Number Two At Oracle?
Yesterday’s management shift at Oracle has kicked off a new round of Kremlinologic speculation around which of Oracle’s presidents is now the more likely successor to CEO Larry Ellison, and the...
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Macroeconomic Worries? Pffft. Oracle Beats the Street.
Software giant Oracle reported its first quarter with revenue north of $10 billion today, and slapped down worries that its results would be dragged down by troubles in the wider economy. The company...
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Oracle's Roaring, But Not Yet on Hardware
Software giant Oracle just reported fourth quarter earnings that beat the consensus of Wall Street analysts despite a 6 percent decrease in hardware sales. The weakness in hardware sent shares down by...
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Larry Ellison: I Have $29 Billion, and No, I Won't Buy Your Company (Audio)
Larry Ellison, the CEO of Oracle, says he’s done shopping for acquisitions for now, thank you very much. Never mind the fact that Oracle has $29 billion in cash and marketable securities on its balance...
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Yahoo's Bartz Also Gets Fired From Fortune's Powerful Women List, While HP's...
Today, Fortune magazine released its annual “50 Most Powerful Women in Business” and, as usual, it had its share of tech execs on the list. And off it, too — first and foremost being ousted Yahoo CEO...
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Oracle Buying Hewlett-Packard? Fuhgeddaboudit!
Amid all the recent drama that has unfolded at Hewlett-Packard — and the he-said she-said back and forth concerning Oracle and whether or not it was approached to buy Autonomy before HP ponied up —...
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What Went Wrong With Oracle's Quarter?
Ahead of the report, everything looked so good. Now Oracle shares are trading down more than 9 percent, following a quarterly earnings report that was surprising for how far it fell short of the...
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Hewlett-Packard CEO Meg Whitman Has a Lot to Say (Interview)
Today I had my first in-person sit-down interview with Hewlett-Packard CEO Meg Whitman. Over the course of 30 minutes we talked about a lot of things, and quite frankly she had a lot to say. For one...
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Meanwhile, Back at the Oracle-HP Trial, Safra Catz Takes the Stand
Software giant Oracle had a busy day yesterday. For one thing, it reported earnings, three days early, that were better than anyone expected them to be. That followed chatter, ultimately confirmed,...
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