Tag Archives: Oracle
Reuters is reporting that an Oracle investor sued the company and members of its board of directors over alleged $200 million settlement. The lawsuit was filed in Delaware state court by investor Jordan Weinrib said the defendants, including Oracle CEO Lawrence Ellison and other past and present members of the company’s board of directors, breached their duty to...
Oracle Corporation announced fiscal 2012 Q3 GAAP total revenues were up 3% to $9.0 billion, and non-GAAP total revenues were up 3% to $9.1 billion. “Oracle is on track to deliver the highest operating margins in our history this year,” said Oracle President and CFO, Safra Catz. “Oracle can achieve these record margins as an integrated hardware and software company...