News (8)

  • Oracle sees PeopleSoft profit declining

    PeopleSoft's financial condition may have deteriorated by as much as one-third since the start of the year, a top Oracle executive said Monday during courtroom testimony.

  • Oracle may be readying new PeopleSoft bid

    Oracle director Joseph Grundfest acknowledged during courtroom testimony Thursday that the company's US$21-a-share offer for PeopleSoft may not be its last.

  • Oracle rivals, Defense Dept. seek restrictions

    Software maker SAP and the Defense Department were among a half-dozen parties that asked a federal judge last Tuesday to prevent Oracle's in-house attorneys from reviewing confidential documents and information.

  • Oracle e-mails urge scare tactics

    Three days before Oracle publicly announced its intention to buy PeopleSoft, the deal was already viewed as a way to sow seeds of doubt in the minds of PeopleSoft customers.

  • PeopleSoft shareholders support CEO

    PeopleSoft investors voted overwhelmingly to re-elect the company's board of directors on Thursday, giving the software maker some breathing room in its battle to avert Oracle's hostile takeover bid.

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