Showing posts with label Oracle. Show all posts
Showing posts with label Oracle. Show all posts

Tuesday, July 3, 2007

U.S. Stocks Advance on Factory Orders, Takeovers; Wendy's, Apple Climb

(Bloomberg) -- U.S. stocks gained for a second day
after factory orders fell less than forecast and $8.5 billion
of takeovers spurred speculation that mergers and acquisitions
will extend the rally.

Wendy's International Inc., the third-biggest hamburger
chain, advanced the most in two months after billionaire
investor Nelson Peltz said he may make a bid for the company.
Apple Inc. jumped to a record and Oracle Corp. reached a six-
year high in trading that ended at 1 p.m. before the
Independence Day holiday.


Read more at Bloomberg Stocks News

Monday, July 2, 2007

UPDATE 1-Larry Ellison's NetSuite files for $75 mln IPO

(Reuters) - BOSTON, July 2 - NetSuite Inc., billionaire Larry
Ellison's software company that sells computer programs accessed
over the Web, filed on Monday to raise up to $75 million in an
initial public offering.




Ellison, the founder and chief executive of Oracle Corp.
, controls 74 percent of NetSuite common stock, according
to the company's S-1 filing with the U.S. Securities and Exchange
Commission.


Read more at Reuters.com Bonds News

Thursday, June 28, 2007

U.S. Stocks Rise, Led by Energy Shares; Oil Rises, Dollar Falls

(Bloomberg) -- The U.S. stock market posted its
first advance in four days after a rally in oil prices improved
earnings prospects for fuel producers and better-than-expected
profit at Oracle Corp. ignited shares of software makers.

Exxon Mobil Corp., Intel Corp. and Microsoft Corp. helped
carry the Standard & Poor's 500 Index to its biggest gain in two
weeks. Oracle, the world's third-largest software company,
jumped the most in three months after saying sales may grow 21
percent.


Read more at Bloomberg Stocks News

Wednesday, June 27, 2007

U.S. Stocks Rise, Led by Energy, Technology Companies; Oracle, Exxon Jump

(Bloomberg) -- The U.S. stock market posted its
first advance in four days after a rally in oil prices improved
earnings prospects for fuel producers and better-than-expected
profit at Oracle Corp. ignited shares of software makers.

Exxon Mobil Corp., Intel Corp. and Microsoft Corp. helped
carry the Standard & Poor's 500 Index to its biggest gain in
two weeks. Oracle, the world's third-largest software maker,
jumped the most in three months after saying sales may rise 21
percent.


Read more at Bloomberg Stocks News