Advertisement
 
YOU ARE HERE: LAT HomeCollectionsSoftware Maker Oracle Corp
IN THE NEWS

Software Maker Oracle Corp

FEATURED ARTICLES
BUSINESS
January 11, 1994 | From Times Staff and Wire Reports
Redwood Shores, Calif.-based Software maker Oracle Corp. has won a contract to supply multimedia software and storage systems to Philadelphia-headquartered Bell Atlantic Corp.'s planned system of viewer-demand movies, shopping and other services.
ARTICLES BY DATE
BUSINESS
September 17, 2009 | Times Wire Reports
Software maker Oracle Corp. reported a 4% increase in fiscal first-quarter profit but a drop in sales after orders remained slow overseas. Net income was $1.12 billion, or 22 cents a share, in the three-month period that ended Aug. 31, compared with $1.08 billion, or 21 cents, a year earlier, the Redwood City, Calif., company said. Including revenue from acquired companies, sales fell 6.6% to $5.06 billion, below analysts' expectations.
Advertisement
BUSINESS
August 21, 2009 | Times Wire Reports
Business software maker Oracle Corp. said it had received Justice Department approval to move forward with its $7.4-billion acquisition of former dot-com-era star Sun Microsystems Inc. The deal still needs European Commission approval.
BUSINESS
August 21, 2008 | From Times Wire Services
Software maker Oracle Corp. reported $48.4 million in annual compensation for Chief Executive Larry Ellison, a 38% increase. His salary stayed at $1 million for the 12 months that ended in May, Oracle said in a regulatory filing. His compensation, calculated under Securities and Exchange Commission rules, included $35.2 million in stock option awards, up 47% from a year earlier.
BUSINESS
April 30, 2008 | From Times Wire Services
Business software maker Oracle Corp. completed its $8.5-billion takeover of BEA Systems Inc. after European regulators approved the deal. It was Oracle's largest acquisition since the Redwood Shores, Calif., company paid $11.1 billion for PeopleSoft Inc. in 2005. Oracle prizes San Jose-based BEA for its so-called middleware -- computer coding that helps business programs interact with databases.
BUSINESS
August 21, 2008 | From Times Wire Services
Software maker Oracle Corp. reported $48.4 million in annual compensation for Chief Executive Larry Ellison, a 38% increase. His salary stayed at $1 million for the 12 months that ended in May, Oracle said in a regulatory filing. His compensation, calculated under Securities and Exchange Commission rules, included $35.2 million in stock option awards, up 47% from a year earlier.
BUSINESS
July 29, 2008 | From Times Staff and Wire Reports
Business software maker Oracle Corp. escalated its theft allegations against rival SAP. Oracle has sued SAP, accusing it of letting its TomorrowNow unit steal copies of Oracle products. In court documents, Oracle said SAP executives knew TomorrowNow had a "corrupt business model" yet didn't stop the illegal activity until recently. SAP plans to close the unit in October.
BUSINESS
February 9, 2006 | From Associated Press
Business software maker Oracle Corp. is expected to announce more than 1,000 job cuts today as it outlines plans to absorb rival Siebel Systems Inc. A person familiar with the plans said the cuts would be revealed during an afternoon conference call with industry analysts. They have been widely anticipated since Redwood Shores, Calif.-based Oracle announced the $5.85-billion acquisition five months ago.
BUSINESS
October 24, 2007 | From Times Wire Service
With no other suitors stepping forward, business software maker Oracle Corp. is threatening to abandon its $6.7-billion bid for BEA Systems Inc. unless its smaller rival accepts the offer by Sunday evening. Oracle set the deadline after being notified that San Jose-based BEA's board of directors had rejected its $17-a-share offer for the second time in less than two weeks. In response, BEA reiterated its position that Redwood Shores, Calif.
BUSINESS
July 29, 2008 | From Times Staff and Wire Reports
Business software maker Oracle Corp. escalated its theft allegations against rival SAP. Oracle has sued SAP, accusing it of letting its TomorrowNow unit steal copies of Oracle products. In court documents, Oracle said SAP executives knew TomorrowNow had a "corrupt business model" yet didn't stop the illegal activity until recently. SAP plans to close the unit in October.
BUSINESS
April 30, 2008 | From Times Wire Services
Business software maker Oracle Corp. completed its $8.5-billion takeover of BEA Systems Inc. after European regulators approved the deal. It was Oracle's largest acquisition since the Redwood Shores, Calif., company paid $11.1 billion for PeopleSoft Inc. in 2005. Oracle prizes San Jose-based BEA for its so-called middleware -- computer coding that helps business programs interact with databases.
BUSINESS
January 11, 1994 | From Times Staff and Wire Reports
Redwood Shores, Calif.-based Software maker Oracle Corp. has won a contract to supply multimedia software and storage systems to Philadelphia-headquartered Bell Atlantic Corp.'s planned system of viewer-demand movies, shopping and other services.
BUSINESS
February 1, 2006
* Quality Systems Inc., which produces computer-based management systems for medical and dental practices, declared a 2-for-1 stock split. The Irvine-based company said in a statement that the stock split record date would be March 3 and that it was expected to be distributed to shareholders on or about March 24. The company's shares closed at $88.50, up $2.71. * Business software maker Oracle Corp. completed its $5.85-billion takeover of Siebel Systems Inc.
Los Angeles Times Articles
|