Posts tagged as: orcl

Oracle fails to meet the financial targets set of Fiscal Second Quarter – Part 2

The company announced in addition that the board has approved of the repurchase of $5 Billion worth of common stock. Moreover, the company also mentioned that it has recruited around 1700 new employees in the first quarter of the fiscal year. CFO Safra Catz told the media in clearance of not achieving the target: Co-President […]

Oracle fails to meet the financial targets set of Fiscal Second Quarter – Part 1

Oracle Corporation is in the thick of troubles during the first fiscal quarter. Although the company showed profits in the fiscal second quarter of November, they were not up to the target set by the company. Moreover, the realistic estimation of profits set by Wall Street for profits of the company last month were also […]

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