A dismal quarter from software giant Oracle dragged technology stocks down on Wednesday, but tech analysts say the sell-off is overdone.
M&A Monday is back in full force with several deals announced before the opening bell.
Mike Tyson once famously boasted that he wanted to eat a rival's children. You kind of get the feeling that's how Oracle CEO Larry Ellison feels about Hewlett-Packard.
The U.S. Department of Justice wants to roadblock AT&T's merger with T-Mobile. But does that mean the deal is off?
StockTwits was all about technology and drug stocks Friday, with tweets paying particular attention to Micron Technology, Oracle, and Pain Therapeutics.
If you root for small schools like Butler and against heavyweights like Duke in the NCAA tournament, this story is for you.
Business software maker SAP said Tuesday it has been ordered to pay $1.3 billion to Oracle for copyright infringement by its now-defunct software maintenance unit.
Psst. Did you hear about how Oracle is going to buy AMD and then Google is going to acquire Oracle, and Apple will merge with Google?
Stocks closed modestly higher Friday on better-than-expected earnings from Oracle and Research in Motion, but a disappointing consumer sentiment report put a cap on gains.
Better-than-expected earnings from Oracle and Research in Motion were expected to lift U.S. stocks, particularly the tech sector, at Friday's open.
Mark Hurd, Oracle's new co-president, praised Oracle's strong first-quarter financial performance on Thursday and forecast a very bright future for his new employer.
If it weren't insulting enough that Oracle CEO Larry Ellison publicly blasted Hewlett-Packard for letting Mark Hurd go, it now turns out that HP's loss is Oracle's gain.
Stuck between maintaining an unsettling status quo or causing a damaging but potentially lucrative ruckus, Oracle is going for the ruckus.
Oracle Corp. will hire 2,000 sales and engineering employees as the business software maker looks to expand into the hardware business, according to a report published Wednesday.
Sun Microsystems said it will cut 3,000 jobs over the next year, citing delays in its pending acquisition by Oracle, according to a regulatory filing released on Tuesday.
Oracle shares fell sharply in after-hours trading Wednesday after the database software maker reported quarterly sales that missed Wall Street forecasts.
Merger activity in the tech sector has dropped precipitously from a year earlier, but the landscape is quickly changing as confidence returns.
Oracle pounced on Sun Microsystems a week ago, agreeing to buy the battered server maker for $5.6 billion, excluding Sun's cash. On the surface, the tech world responded relatively quietly to Oracle's bombshell by getting about the business of reporting earnings. Behind closed doors, however, the entire industry has been turned topsy-turvy. One bold and unexpected deal has changed everything, and the ramifications will play out increasingly dramatically for months. Consider how the move affects the mightiest in the industry.
If the term "serial acquirer" were actually in the dictionary, it would probably be accompanied by a picture of Oracle Chief Executive Officer Larry Ellison.
Business software maker Oracle Corp. said Monday it has entered into a definitive agreement to buy server builder Sun Microsystems in a deal worth $7.4 billion.
To preserve cash, several big banks, including some healthy ones, have been forced to slash their dividends.
Software giant Oracle reported fiscal third quarter profits and sales that beat Wall Street's expectations, and also announced that it would be issuing a dividend to its shareholders. The company also reported "record operating margins."
Say what you will about Larry Ellison's style, but the in-your-face founder of Oracle knows how to manage a company through a recession, at least so far.
Software vendor Oracle blamed the currency impact of a strengthening U.S. dollar for a decline in its second-quarter earnings, reported Thursday. While sales rose against the year-ago quarter, they came up short of analysts' expectations.
U.S. stock futures pointed to a mixed open at the start of trading Thursday as investors weighed disappointing results from tech bellwether Oracle and awaited a reading on economic growth and comments from two Federal Reserve governors.
Software giant Oracle announced fiscal third-quarter earnings rose 30% from a year ago, in line with Wall Street expectations. But sales missed forecasts, a possible sign that big businesses may be starting to pull back on tech spending.
Software giant Oracle Corp. reached a deal to buy rival BEA Systems Inc. for $8.5 billion Wednesday, just months after its initial offer was rebuffed.
U.S. srocks were mixed about 15 minutes into trading Wednesday.
Stocks were mixed Thursday afternoon as investors mulled strong earnings from Oracle, mixed economic data and the latest woes from the financial sector.
U.S. stock futures rose Thursday as investors concentrated on solid financial earnings from Oracle and Nike and shugged off problems at Bear Stearns and FedEx.
A prominent executive at Oracle Corp. is leaving the firm as part of an overhaul of the software provider's product-development group, according to a published report.
BEA Systems has rejected a cash bid for the company from rival business software provider Oracle that appeared to signal the start of a bidding war for the company.
Technology shares jumped Friday on a potential merger in the software industry, while broader gains were limited as investors welcomed strong economic news but questioned how it will impact interest-rate policy.
Technology shares jumped Friday on a potential merger in the software industry, while broader gains were limited as investors welcomed strong economic news, but questioned how it will impact interest-rate policy.
Technology shares surged Friday afternoon on Oracle's $6.7 billion bid for BEA, while broader gains were smaller as investors welcomed strong economic news, but wondered what if it will limit further interest-rate cuts.
Oracle's $6.7 billion bid for BEA Systems fired up the tech sector Friday morning, while broader market gains were milder, as investors mulled what stronger-than-expected economic reports could mean for interest-rate policy.
Technology shares rallied Friday morning on Oracle's $6.7 billion bid for BEA Systems, but the broader market was more subdued as investors wondered what strong economic reports might mean for interest-rate policy.
U.S. stock futures turned higher Friday morning on positive economic readings, solid earnings from corporate bellwether General Electric and an acquisition bid by software provider Oracle..
Oracle's upbeat earnings recharged the stock market rally Friday, capping off a strong week on Wall Street driven by the first interest rate cut from the Federal Reserve in more than four years.
Strong corporate earnings from Oracle helped recharge the stock market rally Friday afternoon, at the end of an upbeat week on Wall Street driven by the first Federal Reserve interest rate cut in four years.
Stocks gained early Friday afternoon, as investors recharged the recent rally after a one-day retreat, thanks to upbeat earnings from Oracle and Nike and continued relief that the Federal Reserve cut interest rates.
Oracle Corp. kicked off its new fiscal year with its biggest increase in software sales since the dot-com boom and bust - highlighting a first-quarter performance that topped analysts' and its own expectations.
Oracle, the world's third-largest software maker, reported profit that beat Wall Street expectations Tuesday and gave a positive growth outlook for the current quarter that nudged its shares higher.
Most books about leadership read like the Scout manual: CEOs and top managers should be authentic, considerate, sensitive, and modest, as well as creative, smart, and strategically brilliant. All t...
Stocks struggled Wednesday morning as investors welcomed upbeat earnings from Oracle and Morgan Stanley, but showed caution ahead of the Fed's latest comments on the economy and interest rates.
Upbeat earnings from Oracle and Adobe helped keep tech stocks afloat early Wednesday but the broader market drifted as investors awaited the conclusion of the two-day Federal Reserve policy meeting.
Oracle Corp., the world's top database software maker, is near an agreement to buy Hyperion Solutions Corp., which makes software that lets companies analyze and track their performance, for about $3 billion, The New York Times said on Wednesday in its online edition.
Stocks fell early Tuesday after a jump in prices paid by businesses raised jitters about inflation.
A big leap in producer prices raised inflation flags, sending stock futures for the Nasdaq and S&P downwards, while homebuilding rose more than expected.
Oracle Inc. Monday reported higher quarterly earnings and revenue from a year earlier, with net income meeting Wall Street expectations, helped by a flurry of recent acquisitions.
It probably wouldn't surprise anyone on Wall Street if Oracle CEO Larry Ellison had a bumper sticker on the back of his car (or yacht...or plane) that said "Go Big or Go Home."
Justice Department officials Tuesday said computer software maker Oracle has agreed to pay the government $98.5 million dollars in a procurement fraud settlement stemming from multiple federal contracts with the firm's PeopleSoft software sales operations.
A weak employment report put stocks on a course to open even lower Friday after it revealed a slower than expected increase in payrolls, ruining chances for stocks to extend their recent rally.
Stocks rallied Wednesday, after the Federal Reserve kept interest rates unchanged, as expected, and indicated it would continue to do so for the time being.
Stocks trimmed gains but remained decidedly positive Wednesday after the Federal Reserve kept interest rates unchanged, as expected, and indicated it would continue to do so for the time being.
Stocks rallied Wednesday afternoon, with the S&P 500 index flirting with 5-1/2 year highs, as investors welcomed upbeat earnings from Oracle and geared up for the conclusion of the Federal Reserve meeting.
Stocks rallied near midday Wednesday as investors welcomed upbeat earnings from Oracle and Morgan Stanley and geared up for the latest word from the Federal Reserve.
Stocks rallied at Wednesday's open as investors cheered lower oil prices.
U.S. stocks were poised to move forward Wednesday following positive results from Oracle and oil hitting a new six-month low, as investors await the latest Federal Reserve pronouncement on interest rates.
At the time I realized that American companies weren't doing enough for their communities, I was spending about $100 million on corporate philanthropic programs.
Strong earnings from tech bellwether Oracle and merger news is helping position stocks for what looks like a higher open Friday.
Whoa baby! I'm still catching my breath after Thursday's stupendous rally! Be interesting to see if we can at least hold on here a bit.
(FORTUNE) - To look at what's been going on at the fastest-growing tech companies - including Apple, Adobe, eBay, and many lesser-known firms - you'd almost think it's the late '90s all over again.
Stocks were flat to weaker Tuesday morning, as investors sorted out new Fed chief Ben Bernanke's comments on the economy, a report showing a rise in core inflation and earnings from tech leader Oracle.
Tech stocks appeared headed for a modest selloff Tuesday morning after a disappointing financial report from tech bellwether Oracle and comments from new Federal Reserve Chairman Ben Bernanke.
Stocks managed modest gains Monday morning, with investors showing caution ahead of earnings from Oracle tonight and a speech from new Federal Reserve chairman Ben Bernanke.
During the 1990s, only seven FORTUNE 500 companies averaged higher annual earnings growth than Oracle, the world's second-largest software company, with a market value of $65 billion. But despite s...
Oracle today announced it would cut 2,000 jobs as it completes the acquisition of Siebel, an applications-software company. The layoffs, deeper than expected, will come from the ranks of both current Oracle employees as well as the Siebel employees joining the company.
Oracle Corp. CEO Larry Ellison, one of the world's richest men, has managed to run up more than $1 billion in debt, sparking concern from his financial advisor, according to a published report.
Buying software often isn't nearly as expensive as maintaining it. And that reality is making a long-building rivalry in the tech world ever bloodier.
NEW YORK (CNN/Money) - Tech investors should unite and in one loud voice cry out the words made famous by Cuba Gooding Jr.'s Rod Tidwell character in "Jerry Maguire."
The founder of PeopleSoft is seeking permission to build a home that would be larger than the White House, William Randolph Hearst's castle in California or the home of Bill Gates.
Tech stocks edged higher and the broader market closed flat at the end of a rough week Friday, as investors welcomed falling oil prices but remained wary of Hurricane Rita's impact.
Despite a big jump in pro forma earnings, Oracle's sluggish database business and slight revenues miss spooked investors and sent the stock stumbling.
Oracle's planned acquisition of long-suffering software maker Siebel Systems did not surprise Wall Street, but analysts say it is a sign of a fundamental shift in the business.
Technology stocks are expected to take the spotlight early Monday as investors react to news of a multi-billion dollar merger between business software makers Oracle and Siebel Systems.
Venture capitalists love to repeat a popular refrain: "I invest in people, not business plans." That may be, but they still want to see a plan. Not that a business plan will secure millions in fund...
Oracle CEO Larry Ellison has long been the enfant terrible of the software industry. But at age 61 he's calmer, a maturation that parallels that of the tech industry that he's helping consolidate. ...
Three months ago I wrote, "There's one heck of a sale going on for retail software." Oracle's purchase this week of ProfitLogic shows there's no sign that the sale will stop anytime soon.
Blue chips slipped and the broader market stalled Wednesday as investors flat out refused to budge ahead of the Federal Reserve's much-anticipated statement Thursday afternoon.
Stocks were mixed Wednesday morning, with techs up on Oracle's solid earnings, but the broader market more subdued, even as oil prices fell and a report showed faster-than-expected economic growth in the first quarter.
Oracle, one of the world's largest software companies, reported solid fiscal fourth quarter results Wednesday, citing healthy demand for its database software and success merging with PeopleSoft.
Stock futures rose Wednesday after software giant Oracle reported solid earnings and a report showed the U.S. economy grew faster than expected in the first quarter.
Oracle CEO Larry Ellison must feel an awful lot like New York Yankees owner George Steinbrenner right now.
Does the world need more database software? Maybe, if it's a low-cost open-source program that packs all the punch of products made by Oracle and Microsoft. That's the hope of startup EnterpriseDB,...
You know that boss you've been hoping would retire? He soon will, along with tens of millions of other senior employees across the country.
Stocks were mixed early Wednesday as a slide in oil prices took some of the edge off inflation worries sparked by a surprisingly strong consumer price report and the Fed's cautious comments Tuesday.
Oracle chief executive officer Larry Ellison had several reasons to celebrate on Tuesday -- or so he must have thought.
NEW YORK (CNN/Money) - Oracle is at it again.
CORPORATE REPUTATION IS the product of alchemy--a mixture of everything from the way a company nurtures homegrown talent to how it manages its balance sheet. Throw in one part customer satisfaction...
Stocks gained early Wednesday as upbeat earnings from a number of influential companies reassured investors about the health of corporate bottom lines for the second session in a row.
NEW YORK (CNN/Money) - The art of the deal, just like Donald Trump, has made a big comeback in the tech world. December has been delightful for fans of high profile tech mergers.
Anyone who believes Oracle CEO Larry Ellison got his heart's desire by finally grabbing PeopleSoft earlier this week hasn't been listening to his comments about the company that remains out of his reach: the San Francisco 49ers.
Mergers and acquisitions activity is heating up near year end, with Oracle's proposed acquisition of PeopleSoft only the latest multibillion-dollar deal.
The S&P 500 hit new highs for the year Monday on a wave of buying sparked by the day's merger news, including Oracle's $10.3 billion buy of rival PeopleSoft.
Oracle's successful takeover of rival PeopleSoft and a strong read on retail sales were among the factors boosting stocks at the open Monday.
Oracle Corp. Monday finally struck a deal to buy PeopleSoft, ending its 18-month hostile takeover battle.
Oracle Corp., posted a gain in fiscal second-quarter earnings Monday that beat Wall Street forecasts.
The completion of Oracle's long-running hostile takeover battle for PeopleSoft, coupled with reports of negotiations for other multi-billion dollar mergers, helped lift the outlook for stocks early Monday ahead of the latest reading on retail sales.