Posts tagged as: oracle

Workday attracts the Street, profit-increase more than 100 percent in calendar first half

Oracle and SAP now have another competitor in the game, nobody until now called Workday. The company was founded by David Duffield seven years ago and now its grabbing Wall Street’s attention to the fullest. David Duffield can be remembered by his past endeavour PeopleSoft that was acquired by Oracle in 2005. The money maker […]

Oracle first quarter report expected to show flat sales, say analysts

Oracle is slated to report its first fiscal quarter results on Thursday but experts think the company does not pack a punch this time around and the sales will have a flat growth. Analysts, in a poll conducted by Thomson Reuters, have the opinion that the enterprise solutions provider is not going to report any […]

Splunk beats analysts estimates, shares rise 15 percent in the post-announcement trade

Splunk shares were up 15 percent at midday Friday after the company announced its quarterly report. Though the company’s report showed a cent’s loss per share, it beat the estimates of the experts. Financial analysts had estimated a 4-cent loss per share minus items in a consensus conducted by Thomas Reuters. But the company showed […]

Splunk stock value rises as it reports lesser loss than expected by the analysts

Data Analytics software solutions company Splunk announced its financial report for the second fiscal quarter ended July 31. According to the report, the company incurred one cent loss minus items per share. Although it is a loss that was reported, it was much lesser than what was the consensus of the analysts conducted by Thomas […]

VMware raises curtains on new product bundles and pricing models

VMware, a virtualization and cloud computing developers, showed off new product bundles, clouding packages and new pricing models in wake of the rapidly growing market. VMware is one of the biggest companies that specialize in cloud computing infrastructure. Moreover, VMware also develops tools that virtualize physical servers to run on different operating systems and software […]

IBM expands its enterprise solution portfolio, draws close to Kenexa acquisition

IBM (International Business Machine) follows the suit of its biggest competitors in enterprise solutions and acquires Kenexa, recruitment software makers. The company announced on Monday that purchase will finalize in December this year for $1.3 Billion in cash. IBM’s biggest rivals in the aforesaid business are Oracle and SAP, both of whom have acquired talent […]

Larry Ellison pulls a deal to purchase Lana’i Island – Part 1

New charms in the corporate world, as if the billionaires of the world were not satisfied by jets and skyscrapers, the Oracle CEO Larry Ellison is buying a whole island to his name. The third richest person in the world, with dollar worth in around $36 Billion, as of the end of 2011, has paddled […]

Larry Ellison pulls a deal to purchase Lana’i Island – Part 2

The deal might have undergone beneath the radar but office of Hawaii governor Neil Abercrombie spilled the beans on Ellison’s acquisition. The office announced Castle and Cooke’s transfer application with the Public Utilities Commission on Wednesday. “It is my understanding that Mr. Ellison has had a long standing interest in Lana’i.  His passion for nature, […]

Warren Buffet makes $611 Million on Thursday after announcing purchase of private jets for Berkshire Hathaway

Warren Buffet might have lost the first position in the roster of the richest people in the world but the market still adores him for his business acumen. The 81-year-old made $611 Million in Thursday’s stock trading. The Oracle of Omaha made a series of announcements on Thursday and public cherished the news. Buffet announced […]

Larry Ellison of Oracle gains $913 Million prior to the official launch of Oracle cloud

According to Forbes new ‘Real Time Billionaire’ list that tracks the profits and losses of select-few businessmen in the world Larry Ellison of Oracle got a boost of $913 Million in his net worth on Wednesday. The increase in his dollar worth came mainly because of the announcement that he made on the same day. […]

SAP buys Ariba by 3,400 million

The struggle between SAP and Oracle, the two software business companies,took another turn as the German giants bought one of the few European multinationals that maintain the international pulse. SAP has reached an agreement to buy Ariba in a deal valued at 3.4 Billion euros, in an attempt to shorten the distance with Oracle who in recent years have grown on the back of […]

Oracle face-to-face with Google on possible Java infringements

Oracle’s legal counsel brings Google’s top management to court in the case filed against the possible copyright infringement of Oracle’s Java APIs. The court summoned Google’s senior vice president, Andy Rubin on Monday, April 23 to testify against the allegation on Google. Rubin took to the court with utter confidence, which was a unlikely scene […]


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