Wednesday, April 7, 2010 as of 11:14 AM ET
Safra A. Catz (born December 1, 1961 in Holon, Israel), an Israeli - American manager, has been a President of Oracle Corporation since January 2004 and a member of the company's Board of Directors since October 2001. She also served as the company's Chief Financial Officer from November 2005 to September 2008. She has been at Oracle Corporation since April 1999. She became a non-executive Director of HSBC Group in May 2008.
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After shocking the Street with a surprise second-quarter miss, Oracle Corp.
(NASDAQ:ORCL) got back to business in the third-quarter, delivering an easy beat on both the top and bottom line.The company saw new software licenses revenue rise 7% to $2.37 billion, which helped offset an 11% decline in hardware systems revenue. Software revenue rose 7.9% to $6.43 billion and software license updates and product support revenue edged slightly lower to $4.05 billion.The business and database software-maker posted third-quarter net income that rose 28% to $2.5 billion, or 49 cents a share, compared with year-ago earnings of $2.12 billion, or 41 cents a share. On an adjusted basis, earnings rose to 62 cents a share, up from 54 cents in the third quarter of last year.Total revenue rose 3% to $9.1 billion, compared with $8.76 billion one year ago.The results easily beat expectations, as analysts polled by Thomson Reuters had predicted earnings of 56 cents a share on $9.02 billion."Oracle is on t...Oracle (NASDAQ:ORCL) surged to near a 10-year high after hours Thursday upon revealing a stronger-than-expected 30% jump in second-quarter profit, helped by growing ...
A record $1.3 billion fine slapped on SAP for downloading rival Oracle's software has tarnished the German software maker's reputation and is set to undermine its sa...
FRANKFURT (Reuters) - A record $1.3 billion fine slapped on SAP for downloading rival Oracle's software has tarnished the German software maker's reputation and is s...
SAP AG must pay Oracle Corp $1.3 billion in damages for software theft, a federal jury decided on Tuesday after a high-profile trial that captivated Silicon Valley ....
Only weeks after being ousted from Hewlett-Packard ( HPQ ) because of an ethics scandal, software company Oracle announced it had hired former H-P CEO Mark Hurd as t...
Oracle Corp. on Tuesday said that for its fiscal third-quarter it expects to earn 44 cents to 47 cents a share, or between 56 cents to 59 cents a share, excluding on...
Oracle Corp. (NASDAQ:ORCL) weighed in with second-quarter results that fell well short of Wall Street’s expectations, prompting the stock to plunge nearly 8% after t...
By Bill RigbySEATTLE (Reuters) - Oracle Corp has a habit of beating Wall Street expectations, but some investors fear billionaire Larry Ellison's software and server...
BOSTON (Reuters) - Oracle Corp has replaced its chief financial officer less than three years after he joined the company, tapping President Safra Catz to assume the...
FBN's Robert Gray on Oracle President Safra Catz taking on the CFO position after former CFO Jeff Epstein resigns.
Oracle Corp. said Monday that Chief Financial Officer Jeff Epstein, who assumed the position roughly two and a half years ago, has resigned effective immediately.The...
Oracle Corp. (NASDAQ:ORCL) on Thursday posted fiscal third-quarter results that easily beat analyst forecasts, as revenue rose on increased sales from hardware produ...
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