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CBSL has announced flexibility in foreign exchange rate and the Sri Lankan rupee has depreciated twice in the last 7 days against the dollar, initially to Rs 230 per USD and then again to an exorbitant level of Rs. 260 from Rs. 203 previously. Even after this upward revision in exchange rates by over 28%, […]
* Total Revenue $10.5 billion, up 4% and up 7% in constant currency * Total Cloud Revenue (IaaS plus SaaS) of $2.8 billion, up 24% and up 26% in constant currency * Fusion ERP Cloud Revenue up 33% and up 35% in constant currency * NetSuite ERP Cloud Revenue up 27% and up 29% in […]
By Hiran H.Senewiratne CSE investor sentiment was negative yesterday because investors were worried over the fact that loans and foreign funds expected by the country have not materialized fully to date. However, on the previous day investor mood was upbeat because the CSE recovered dramatically by registering the highest single-day points gain, stock market analysts […]
Oracle Q3 earnings were disappointing but guidance came in line. It declared 32 cents a share in dividend. Oracle stock is down over 10% YTD.
Oracle misses on profit expectations as equity investments hurt income - SiliconANGLE