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Latest Charles Phillips Stories

2008-09-19 12:00:03

Turmoil in American banking and recent gains by the U.S. dollar have left investors jittery over the potential impact on tech companies such as Oracle (ORCL). The world's second-largest software company allayed some of those concerns Sept. 18, when it reported fiscal first-quarter results in line with analysts' estimates and assured investors that its exposure to the problems of Wall Street financial firms is minimal. Oracle said first-quarter profit rose 28% to $1.1 billion, or 21% a...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'