4:42PM Oracle says business unaffected by PeopleSoft (ORCL) by Mike Tarsala
SAN FRANCISCO (CBS.MW) -- Oracle (ORCL) CFO Jeff Henley said Wednesday that it's "business as usual" and there is "no negative impact" on the software maker's business due to management's $6.3 billion hostile takeover bid for PeopleSoft. "There's nothing to worry about," Henley said. He said that executives would take questions shortly regarding PeopleSoft at Oracle's financial meeting, which began at 9:30 a.m. Pacific this morning. Oracle shares lost 6 cents to close at $12.67.
4:36PM Yahoo meets Q2 earnings and tops revenue estimates (YHOO, OVER, AOL, MSFT) by Bambi Francisco
SAN FRANCISCO (CBS.MW) -- Yahoo said late Wednesday that second-quarter earnings grew to $50.8 million, or 8 cents per share, up from $16.48 million, or 3 cents per share, in the same period a year ago. Analysts expected Yahoo to earn 8 cents. Yahoo also reported quarterly sales of $321 million, up from $225.7 million in the year-ago period, and better than the consensus estimate of $314 million. Yahoo's results, however, did not meet the most optimistic earnings projection of 9 cents per share. Yahoo barely topped the most optimistic sales forecast of $320 million. Shares of Yahoo rose 19 cents to $35.29 in regular trading. Yahoo fell to $34.05 in after-hours action.
OSanto
"a vida eh aquilo que acontece...enquanto nos fazemos planos"
O Clubeinvest.com informa que nenhuma da informação
aqui facultada deverá ser entendida como conselho ou recomendação
de qualquer tipo de transacção ou investimento.
