Adobe Systems’s fiscal third-quarter earnings beat analyst expectations, but share prices plunged in after-hours trading after the largest maker of graphic-design software released lower-than-expected guidance for the fourth qu…
IBM, Oracle, Hewlett Packard and Intel have been on a buying spree of late, and it’s virtually guaranteed that they’ll be purchasing more companies over the next several months. But which companies will they target next? Here a…
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…
IBM announced Monday that it is bolstering its analytics business with the purchase of Netezza. The $1.7 billion cash transaction, which values Netezza at $27 per share — a 9.75% premium over Friday’s close — brings a long-ti…
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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