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Date: 2013-03-22
Technology News:
Company News:
Obama decides to keep Hochberg at Export-Import Bank
US-USA-EXPORT:Obama decides to keep Hochberg at Export-Import Bank
WASHINGTON (Reuters) - U.S. President Barack Obama has asked Fred P. Hochberg, president of the U.S. Export-Import Bank, to remain in his post, the White House said on Thursday.

Hochberg, who has led the export credit agency since May 2009, would have had to step down in July without Obama...


Wall Street slides as Oracle drops, Cyprus worries escalate
US-MARKETS-STOCKS:Wall Street slides as Oracle drops, Cyprus worries escalate
By Caroline Valetkevitch

NEW YORK (Reuters) - Stocks fell on Thursday as Oracle's revenue fell far short of expectations and worries intensified about the effect of Cyprus' troubles on the euro zone.

Oracle Corp <ORCL.O> shares lost 9.7 percent to $32.30...


Wall Street questions Oracle's strategy after weak Q3 sales
US-ORACLE-CLOUD:Wall Street questions Oracle's strategy after weak Q3 sales
By Noel Randewich

SAN FRANCISCO (Reuters) - Oracle's severe miss in quarterly sales, dismissed by management as a blip, amplified questions on Wall Street about the business-software giant's diminishing clout in an industry moving rapidly toward cheaper Internet-based rivals.

...


Wall Street falls as Oracle sinks, Cyprus worries escalate
US-MARKETS-STOCKS:Wall Street falls as Oracle sinks, Cyprus worries escalate
By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks fell on Thursday as Oracle's revenue fell far short of expectations and worries intensified about the effect of Cyprus' troubles on the euro zone.

Oracle Corp <ORCL.O> shares lost 9.7 percent to $...


Wall Street falls on euro-zone growth worries; Oracle drops
US-MARKETS-STOCKS:Wall Street falls on euro-zone growth worries; Oracle drops
By Caroline Valetkevitch

NEW YORK (Reuters) - U.S. stocks declined on Thursday, dragged down by concerns about euro-zone growth and Oracle's sharp miss on quarterly results, which weighed on tech shares.

Worries about Cypriot finances increased after the European ...


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