The case filed by Oracle Corporation (NYSE:ORCL) in 2007 concerning illegal downloading of Oracle files against SAP SE (ADR) (NYSE:SAP) has finally arrived into its conclusive stages. The two tech giants have agreed to end the matter for a sum of $356.7 million. It was in 2007 when Oracle identified thousands of fishy downloads of…
QUALCOMM, Inc. (QCOM), Oracle Corporation (ORCL), Bed Bath & Beyond Inc. (BBBY): Major Stock Holdings of Cornerstone Investment Partners
Cornerstone Investment Partners is a Georgian based investment advisor with current portfolio of $8.98 billion and QUALCOMM, Inc. (NASDAQ:QCOM), Oracle Corporation (NYSE:ORCL), Bed Bath & Beyond Inc. (NASDAQ:BBBY) as its primary stock holdings. The company filed its latest SEC 13F filing on October 14 and its top 10 stocks account for 39.67% of its overall…
Gilead Sciences, Inc. (GILD), Mastercard Inc (MA), Oracle Corporation (ORCL): Top Stock Holdings of JLB & Associates Inc
JLB & Associates is an investment advisory firm founded in 1983 and has a current portfolio of $278 million, as per its recent SEC 13F filing on October 7, 2014. Gilead Sciences, Inc. (NASDAQ:GILD), Mastercard Inc (NYSE:MA), Oracle Corporation (NYSE:ORCL) are among the top three stock holdings of the company. Information technology is the largest…
Google Inc (GOOGL) Wants Copyright Case with Oracle Corporation (ORCL) Decided by U.S. Supreme Court
Google Inc (NASDAQ:GOOGL) has gone to the U.S. Supreme Court asking the court to make a ruling on a copyright lawsuit filed against the company by Oracle Corporation (NYSE:ORCL) 4 years ago. The case was filed on Monday and is asking the court to overturn a ruling made by an appeals court that found Google guilty…
Oracle Corporation (ORCL) CEO Safra Catz Provides Valuable Insight into Its Strategies
In a rare moment of openness, Oracle Corporation (NYSE:ORCL) CEO Safra Catz was quite candid in discussing a number of aspects pertaining to the company during an interview with Jon Fortt of CNBC at OpenWorld Conference being held in San Francisco. Having been appointed on 18th September, 2014, to replace founder Larry Ellison, this was…
Oracle Corporation (ORCL)’s Overweight Rating Kept But Target Price Reduced By Barclays
Barclays joins the list of analysts who have issued a lower rating for Oracle Corporation (NYSE:ORCL), as the company reissued its overweight rating for the tech service provider. Barclays reduced its target price to $48 from an earlier $50 estimate. Oracle Corporation (NYSE:ORCL)’s shares declined 4.21% after the announcement and closed at $39.80 on Friday.…
Oracle Corporation (ORCL) Introduces a co-CEO Leadership Structure
The move by the founder and CEO Oracle Corporation (NYSE:ORCL), Larry Ellison, to appoint the two co-chief executives is seen by many analysts as a bold step towards the right direction. The two appointed to the new positions are Safra Catz and Mark Hurd. The two bring on to the company a high level of…
Apple Inc. (AAPL), Amazon.com, Inc. (AMZN), Oracle Corporation (ORCL) Lead Tech Market Ahead of Alibaba’s IPO
The shares of Alibaba Group Holding Ltd will start trading at the NYSE on Friday and a day before the launch of the biggest IPO offering, Apple Inc. (NASDAQ:AAPL), Amazon.com, Inc. (NASDAQ:AMZN), and Oracle Corporation (NYSE:ORCL) lead the tech market gains. Apple Inc. (NASDAQ:AAPL)’s shares rose $0.21 closing at $101.79, as the company announced its…
Oracle Corporation (ORCL) Shares Lose 2% in After Market Post Larry Ellison’s Departure as CEO
The shares of Oracle Corporation (NYSE:ORCL) were down nearly 2% in the after-hours trading following the news of Larry Ellison leaving the CEO post and less than expected quarterly results from the company. Larry Ellison stepped down from the CEO position only to resume working as chief technology officer and board’s Chairman. Mark Hurd and…
Oracle Corporation (ORCL) Loses Appeal to Restore $1.3b Verdict in SAP SE (SAP) Case
An appeals court sitting in San Francisco, California, on Friday rejected a bid by Oracle Corporation (NYSE:ORCL) to legally compel its arch rival and former close partner SAP SE (ADR) (NYSE:SAP) to pay $1.3 billion in damages in a long legal battle pitting the two software giants. The case commenced in 2007 after Oracle sued…