Oracle 3Q Profit Up 35 Percent on Growth
MARCH 20, 2007
Oracle Corp.'s fiscal third-quarter profit climbed 35 percent amid surprisingly strong sales growth that provided the business software maker with an additional boost as it heads into its busiest time of the year. Details
Stocks Up As Investors Await Fed Move
MARCH 20, 2007
Wall Street advanced for a second straight session Tuesday as investors placed bets that the Federal Reserve won't indicate that it's leaning toward an interest rate hike. Details
Adobe 1Q Sales Flat, but Exceeds Views
MARCH 20, 2007
Adobe Systems Inc. reported flat first-quarter sales but easily exceeded Wall Street expectations with a 37 percent surge in profit, prompting bullish executives to raise guidance Tuesday as the software company prepares its biggest-ever product launch. Details
Blockbuster CEO to Leave by End of Year
MARCH 20, 2007
The chairman and chief executive of struggling movie-rental company Blockbuster Inc. got the company's board to give him a slightly bigger bonus for 2006, but not without agreeing to give up his job. John Antioco, who has been the CEO for nearly a decade, will leave the company by the end of the year, Blockbuster announced Tuesday. Details
Apollo Taking Claire's Private for $3.1B
MARCH 20, 2007
Claire's Stores Inc. agreed to a $3.1 billion takeover proposal from New York-based private equity firm Apollo Management LP, the costume jewelry retailer said Tuesday. Details
