Well, that was fast. Hewlett-Packard has settled the lawsuit it filed against its former CEO Mark Hurd, who joined rival Oracle in early September after he was forced out of HP amid a sexual harassment probe.
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Oracle Corp. Co-President Mark Hurd, who was brought aboard by the software giant after leaving his CEO post at Hewlett-Packard Co. last month amid controversy, unveiled four new versions of the company’s Exadata storage server…
Net income for the quarter ended Aug. 31 was $1.35 billion, or 27 cents a share, up from $1.12 billion, or 22 cents, a year earlier, Oracle said in a statement today. Revenue surged 48% to $7.5 billion.
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Wells Fargo analyst Jason Maynard expects Oracle shares to keep growing in the next 12 months as the result of its acquisition of Sun Microsystems earlier this year. The company is scheduled to report its earnings Thursday.
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Wells Fargo analyst Jason Maynard expects Oracle shares to keep growing in the next 12 months as the result of its acquisition of Sun Microsystems earlier this year. The company is scheduled to report its earnings Thursday.
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