Oracle Corporation (NYSE: ORCL) reported a 17% dip in earnings for the fourth quarter of 2020 due to higher interest expenses and lower non-operating income. Total revenues declined by 6% year-over-year.
Cloud Services and License Support revenues were $6.85 billion, up 1% on a reported basis and 3% on a constant currency basis. Cloud License and On-Premise License, Hardware, and Services revenues saw decreases compared to the prior-year period.
The board of directors declared a quarterly cash dividend of $0.24 per share of outstanding common stock. This dividend will be paid to stockholders of record as of the close of business on July 15, 2020, with a payment date of July 28, 2020.
The market mayhem could not have come at a worse time for Bed Bath & Beyond Inc. (NASDAQ: BBBY). For long, the home furnishing retailer has been struggling, with a
Walgreens Boots Alliance (NASDAQ: WBA) reported third quarter 2020 earnings results today. Sales increased 0.1% year-over-year to $34.6 billion. Sales growth was 1.2% on a constant currency basis, led by
Amid the COVID-19 pandemic, several retailers were forced to close their stores but in turn witnessed a pickup in their digital business. Levi Strauss & Co. (NYSE: LEVI) is the