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Oracle fiscal 3Q net income rises 2 pct

Oracle said Tuesday its fiscal third-quarter net income rose 2 percent, helped by higher cloud software subscription revenue, but investors wanted more growth and the company's stock fell in late trading.

dateMar 18, 2014 in Business
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Oracle CEO skips speech to watch America's Cup

Oracle CEO Larry Ellison is so immersed in his boating team's stirring comeback in the America's Cup that he backed out of giving the keynote speech at his software company's biggest customer conference of the year.

dateSep 24, 2013 in Business
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Oracle CEO Ellison's pay drops 18 pct to $78.4M

The value of Oracle founder and CEO Larry Ellison's pay package dropped 18 percent in fiscal 2013, to $78.4 million, after the company missed its internal financial targets and he declined his annual cash bonus.

dateSep 21, 2013 in Business
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