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Here's The List Of Top Overpaid Executives In 2019
Wednesday, February 26, 2020 - 8:39am | 708As You Sow, a non-profit foundation focusing on corporate accountability, has published its annual study on overpaid CEOs in 2019. Oracle Tops Most Overpaid CEOs As You Sow has been carrying out studies like these since 2015. They provide details, such as executives' pay...
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Oracle Co-CEO Mark Hurd Dies At 62
Friday, October 18, 2019 - 3:34pm | 285Mark Hurd, co-CEO of Oracle Corporation (NYSE: ORCL) and former head of HP Inc (NYSE: HPQ), died Friday after a month-long leave of absence for health reasons. “Oracle has lost a brilliant and beloved leader who personally touched the lives of so many of us during his decade at Oracle,...
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Oracle Shares Fall, Analysts Tepid After Shaky Q1 Print
Thursday, September 12, 2019 - 2:51pm | 516Shares of Oracle Corporation (NYSE: ORCL) dropped on Thursday after a lackluster first-quarter print that also kept sell-side analysts tepid on the stock. Quarterly sales came in at $9.21 billion, missing estimates by $72 million and guidance for the current quarter was below estimates. The company...
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Oracle Soars After Q4 Earnings Beat
Wednesday, June 19, 2019 - 4:12pm | 197Oracle Corporation (NYSE: ORCL) shares are soaring after reporting a fourth-quarter earnings beat. Adjusted earnings came in at $1.16 per share, beating estimates by 9 cents. Sales came in at $11.136 billion, beating estimates by $186 millin. "Our Fusion ERP and HCM cloud applications...
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Confidence And Hubris: Cramer Appreciative Of Oracle's Conference Call
Thursday, June 22, 2017 - 12:35pm | 352CNBC's Jim Cramer, a conference call aficionado, explained on Thursday why investors should be encouraged by Oracle Corporation (NYSE: ORCL)'s conference call after its earnings report Wednesday. There are two qualities Cramer appreciates on a conference call which are seldom found anymore:...
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Oracle Goes From Green To Red After Acquisition Of NetSuite
Thursday, July 28, 2016 - 1:48pm | 489Oracle Corporation (NYSE: ORCL) has announced a huge deal to expand its cloud business by buying NetSuite Inc (NYSE: N) for $9.3 billion. “Oracle and NetSuite could applications are complementary and will coexist in the marketplace forever,” Oracle CEO Mark Hurd said in a statement....
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Oracle Pursuing 'Generational' Change In IT, Cantor Says
Thursday, July 9, 2015 - 1:16pm | 394In a report published Thursday, Cantor Fitzgerald analysts Brian White and Isabel Zhu share some thoughts about Oracle Corporation (NYSE: ORCL) following a couple of investor meetings with CEO Mark Hurd and Ken Bond of investor relations. Oracle's Forward View The experts left feeling...
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Twitter May Have Co-CEOs: Good Or Bad News For Shareholders?
Monday, June 15, 2015 - 3:04pm | 553With the top leadership position at Twitter Inc (NYSE: TWTR) currently up in the air, shareholders are waiting with baited breath to see who the company chooses as its next CEO. Current CEO Dick Costolo will be stepping down on July 1 and will be replaced on an interim basis by Twitter co-founder...
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Every Reason Oracle & Microsoft Would (Or Would Not) Acquire Salesforce
Thursday, April 30, 2015 - 8:02am | 580In a report published Thursday, JMP Securities analyst Patrick Walravens offered the top reasons why Oracle Corporation (NYSE: ORCL) and Microsoft Corporation (NASDAQ: MSFT) would and would not acquire salesforce.com, inc. (NYSE: CRM) Why Oracle Would Buy Salesforce: Executive Chairman...
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Oracle CEO On Transition Into Cloud, Acquisition Of Datalogix And Micros Systems
Thursday, January 29, 2015 - 2:49pm | 476Mark Hurd, CEO of Oracle Corporation (NYSE: ORCL) was on CNBC to talk about Oracle’s transition into cloud computing and its two new acquisitions – Datalogix Holdings Inc. and Micros Systems, Inc. (NASDAQ: MCRS). Related Link: Deutsche Bank Just Shared What They Think Of Paul Singer...
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After-Hours Management Shake Ups At Oracle, AIG, JetBlue, and Clorox
Thursday, September 18, 2014 - 5:37pm | 185After the close on Thursday, a hand full of well known companies replaced parts of their management teams. Oracle (NYSE: ORCL) announced its founder and CEO Larry Ellison will step down from CEO and take up a seat as Chairman on the Oracle board. Mark Hurd and Safra Catz will...
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Oracle Falls Slightly After Q2 Earnings
Wednesday, December 18, 2013 - 6:03pm | 340Oracle (NASDAQ: ORCL) is down more than one percent in after hours trading after the company announced its second quarter earnings results. The company reported a Q2 EPS of $0.69 versus the Street estimate of $0.67. Earnings per share were up eight percent from the year-ago period. Revenue...
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Hewlett-Packard: Dead Money...Still
Thursday, August 23, 2012 - 8:21am | 707Another disappointing earnings report has come and gone for Dow component Hewlett-Packard (NYSE: HPQ), reminding investors that for as talented as CEO Meg Whitman may be, she faces an uphill battle in restoring the company's lost luster. At its nadir, the stock was down nearly five percent in...
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Mark Hurd Probably Deserved to get Sacked at HP
Friday, December 30, 2011 - 2:45pm | 755A number of very embarrassing details surrounding former Hewlett-Packard (NYSE: HP) CEO Mark Hurd's resignation from the company last year have been made public in a letter sent to Hurd from his accuser's attorney Gloria Allred. Hurd, who is now a president at Oracle (NASDAQ: ORCL), fought to keep...
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Is Meg Whitman the Right Name to Lead HP?
Thursday, September 22, 2011 - 2:23pm | 431News hit yesterday that Hewlett-Packard (NYSE: HPQ) was reportedly considering outing CEO Leo Apotheker as the head of the company, and potentially naming Meg Whitman as the new CEO. Now this morning, AllThingsD reporter Kara Swisher announced that Whitman is very likely going to get the job,...