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Last updated: 20:08:41 Thursday Dec 17, 2009


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  • Oracle posts surprise sales rise, shares up
    BOSTON (Reuters) - Oracle Corp (ORCL.O) reported a surprise increase in new software sales and said growth could accelerate this quarter as corporate IT spending picks up, sending its shares 4 percent higher.   Nations:U.S.   Source:(Reuters)   2009-12-17

    Wall St sinks as dollar jumps, FedEx loses altitude
    NEW YORK (Reuters) - Stocks fell on Thursday as the dollar's rebound spurred a safe-haven trade, cutting demand for riskier assets, while a soft profit outlook from economic bellwether FedEx sank transportation shares.   People:Ben Bernanke   Activities:U.S. Markets   2009-12-17

    Dubai bailout, Exxon deal push Wall St to 14-month high
    NEW YORK (Reuters) - Stocks closed at 14-month highs on Monday as Abu Dhabi's $10 billion in aid to help Dubai avoid default eased concerns and a takeover deal by Exxon Mobil Corp raised optimism about mergers and acquisitions activity.   Nations:U.S.   Activities:U.S. Markets   2009-12-14

    European Commission objects to Sun-Oracle deal
    NEW YORK/WASHINGTON (Reuters) - The European Commission has objected to Oracle Corp's (ORCL.O) acquisition of computer maker Sun Microsystems Inc (JAVA.O), throwing the $7 billion deal into question.   Source:(Reuters)   2009-11-09

    3 strong economic reports lift recovery hopes
    WASHINGTON - Hopes for the fledgling economic recovery got a boost Monday from better-than-expected news on manufacturing, construction and contracts to buy homes.   People:Barack Obama   Activities:2008 U.S. Recession   Source:(AP)   2009-11-02

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