SAN FRANCISCO — Oracle (NYSE:ORCL) is facing a potential shareholder revolt against a compensation formula that has consistently made its billionaire co-founder, Larry Ellison, one of the best-paid CEOs in the world. The business software maker staunchly defended Ellison’s pay in a letter sent to shareholder activist firm CtW Investment […]Read more ›
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eMediaWorld Reports Hot Stocks FedEx (NYSE:FDX) Oracle (NASDAQ:ORCL) General Mills (NYSE:GIS) Electronic Arts (NASDAQ:EA)
FedEx (FDX) is up 3% after coming out with an earnings beat at 7:30am. The shipper posted profits of $1.53 a share when expectations were for $1.50. Revenue was also higher than expected at $11.02-billion when estimates were for $10.968-billion. FedEx credits the beat to cost-cutting. Moving forward, the company […]Read more ›