Oracle (ORCL) Declares $0.12 Quarterly Dividend; 1.2% Yield
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Oracle Corp. (ORCL) Misses Q1 EPS by 2c; Approves $13B Buyback
September 18, 2014 4:03 PM EDTOracle Corp. (NYSE: ORCL) reported Q1 EPS of $0.62, $0.02 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $8.6 billion versus the consensus estimate of $8.78 billion.
We are increasing our cloud services growth rate while simultaneously delivering record levels of cash flow," said Oracle CEO, Safra Catz. "In Q1, our overall cloud services business grew more than 30% to $475 million in revenue. At the same... More
Oracle (ORCL) CEO Ellison Steps Down; Will Remain as Chairman
September 18, 2014 4:00 PM EDTOracle (NYSE: ORCL) announced that it has elected Larry Ellison to the position of Executive Chairman of Oracle's Board and appointed him the company's Chief Technology Officer. Jeff Henley, who has served as Oracle's Chairman for the last 10 years, was appointed Oracle's Vice Chairman of the Board.
The Oracle Board also promoted... More
Traders Favoring Oracle (ORCL) Ahead of Q1 Report
September 18, 2014 3:40 PM EDTOracle (NYSE: ORCL) is trading positive Thursday heading into the company's Q115 report.
Analysts are looking for Oracle to post qQ1 EPS of $0.64 with revenue of $8.78 billion, from EPS of $0.59 and rvs of $8.4 billion reported in the same period... More
