Want to join the conversation?
$ORCL said it agreed to acquire $N, the very first cloud company, for $109.00 per share in cash, or approximately $9.3Bil. "We expect this acquisition to be immediately accretive to Oracle's earnings on a non-GAAP basis in the first full fiscal year after closing," said Safra Catz, Chief Executive Officer, $ORCL.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.