Oracle Corporation - ORCL Insiders
No Insiders
We have no insiders for Oracle right now.
Know someone who is an insider on Oracle Corporation?
Let us know.
Oracle Corporation - ORCL information
ORACLE CORP (ORCL:NASDAQ GS)
Snapshot of ORACLE CORP (ORCL)
|
OPEN
$23.57
|
PREVIOUS CLOSE
$23.70
|
|
|
DAY HIGH
$23.84
|
DAY LOW
$23.40
|
|
|
52 WEEK HIGH
04/13/10 - $26.63
|
52 WEEK LOW
10/1/09 - $20.10
|
|
|
MARKET CAP
118.8B
|
AVERAGE VOLUME 10 D
30.2M
|
|
|
EPS TTM
$1.38
|
SHARES OUTSTANDING
5.0B
|
|
|
EX-DATE
07/12/10
|
P/E TTM
17.1x
|
|
|
DIVIDEND
$0.20
|
DIVIDEND YIELD
0.85%
|
|
| K = Thousands M = Millions B = Billions | ||
related news for ORACLE CORP (ORCL)
related news
Key developments for ORACLE CORP (ORCL)
The United States has intervened and filed a complaint under the False Claims Act against Oracle Corporation and Oracle America Inc. The government alleges that Oracle defrauded the United States on a General Services Administration (GSA) software contract that was in effect from 1998 to 2006 and involved hundreds of millions of dollars in sales. Under the contract, GSA used Oracle's disclosures about its commercial sales practices to negotiate the minimum discounts for government agencies who bought Oracle software. The contract required Oracle to update GSA when commercial discounts improved and extend the same improved discounts to government customers. The suit contends that Oracle misrepresented its true commercial sales practices, ultimately leading to government customers receiving deals far inferior to that Oracle gave commercial customers. The suit was originally filed on by Paul Frascella, Senior Director of Contract Services at Oracle. The False Claims Act allows private citizens with knowledge of fraud to file whistleblower suits on behalf of the United States and share in any recovery. If the United States intervenes in the action and proves that a defendant has knowingly submitted false claims, it is entitled to recover three times the damage that resulted and a penalty of $5,500 to $11,000 per claim. This case was investigated as part of a National Procurement Fraud Initiative. In October 2006, the Deputy Attorney General announced the formation of a National Procurement Fraud Task Force designed to promote the early detection, identification, prevention and prosecution of procurement fraud associated with the increase in government contracting activity for national security and other government programs. The Procurement Fraud Task Force is chaired by the Assistant Attorney General for the Criminal Division and includes the Civil Division, the U.S. Attorneys' Offices, the FBI, the U.S. Inspectors General community and a number of other federal law enforcement agencies.
Cox Communications Inc. has significantly reduced its carbon footprint with the help of Oracle E-Business Suite and Oracle Imaging and Process Management, a component of Oracle Content Management. As a wholly owned subsidiary of Cox Enterprises, Cox Communications wanted to support Cox Conserves, an enterprise-wide initiative designed to strengthen the company's sustainability leadership in the communications industry by reducing its carbon footprint by 20%. To support Cox Conserves, Cox Communications automated the entire procure-to-pay process by leveraging Oracle iProcurement to migrate corporate and cable-system level processes to "one-touch" electronic processes that minimize paper use and increase efficiency across its high volume business. By capitalizing on Oracle's Enterprise Application Documents strategy and the pre- integration between financial applications within the Oracle E-Business Suite and Oracle Imaging and Process Management, Cox Communications was able to migrate to electronic invoices whenever possible, including the establishment of a more robust electronic routing process, reducing company-wide paper-use by three and one-third tons, the equivalent of 19,740 pounds of CO2 emissions, within the first eight months. Additionally, by migrating to electronic processes, Cox Communications has been able to significantly increase efficiencies, reducing the cost of processing vendor invoices by up to 80% when using new processes and the number of account payable transactions by 26%.
Federal officials have sued Oracle Corp., claiming the company defrauded the federal government on a contract that involved hundreds of millions of dollars in sales. The Justice Department said it filed a legal complaint alleging that Oracle misrepresented its commercial sales practices, causing government customers to receive deals that were inferior to those Oracle gave commercial customers. The software contact was in effect from 1998 to 2006. The Justice Department brought the complaint under the False Claims Act, which provides financial rewards to private litigants who report fraud against the government.
ORCL Competitors
| Company | Last | Change |
| Cisco Systems Inc | $23.07 USD | -0.14 |
| Google Inc | $484.85 USD | -0.14 |
| Intel Corp | $20.60 USD | -0.43 |
| Telefonaktiebolaget LM Ericsson | kr79.70 SEK | +0.70 |
| Micro Focus International PLC | 413.30 GBp | -0.90 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | ORCL | Industry Range |
| Price/Earnings | 21.2x |
|
| Price/Sales | 4.9x |
|
| Price/Book | 4.2x |
Not meaningful
|
| Price/Cash Flow | 15.9x |
|
| TEV/Sales | 3.5x |
|
|
ORCL |
||
ORCL transactions
| Type Date |
Target |
|
Private Placement
July 12, 2010 |
-- |
|
Merger/Acquisition
May 20, 2010 |
Secerno Ltd. |
|
Merger/Acquisition
April 15, 2010 |
Phase Forward Inc. |
Oracle Corporation - ORCL news
Oracle accused of fraud by U.S. government
Read article
[$$] Justice Department Sues Oracle for Fraud
Read article
Leupold & Stevens Benefits From a Clearer View of Business Operations With the Oracle E-Business Suite Release 12
Read article
Enterprise Software: Don't Believe Everything You Read II
Read article
Larry Ellison highest-paid CEO of public firm
Read article
New Warriors owners take on $150M in debt
Read article
Oracle's Ellison tops decade's best-paid list: WSJ
Read article
Ellison Tops Diller on Pay List
Read article
Leading Analyst Firm Names Oracle as a Leader for IT Project Portfolio Management
Read article
Oracle Off Morgan Stanley Best Ideas List; But Still Bullish
Read article
When it comes to acquistion plans, it's Oracle vs Oracle
Read article
UPDATE - Oracle says president misspoke on M&A budget
Read article
Oracle plans to double acquisition budget
Read article
RPT-IBM launches faster, more cost-efficient mainframe
Read article
Commercial Data Systems wins GSA work
Read article
IBM net rises 9%; exchange rates cut into sales
Read article
Oracle's Acquisitive Nature Starts to Hurt Rival SAP
Read article
Oracle's Acquisitive Nature Starts to Hurt SAP
Read article
Earnings Outlook: Solid IBM results expected as IT demand improves
Read article
Larry Ellison Puts The Screws To SAP With Oracle's Buying Spree
Read article
