Oracle's application license sales disappoint

Date: Wed, 26 Mar 2008 21:06:03 (GMT)

Oracle's application license sales disappoint

Oracle Corp. reports its fiscal third-quarter profit rose compared with
the same period a year earlier, though its overall revenue and sales of
new applications licenses fall shy of Wall Street analysts'
expectations.

U.S. stocks end lower as economic worries mount

U.S. stocks close lower as signs of waning business spending re-ignite
worries about the economy and news that a buyout of Clear Channel
Communications Inc. is in jeopardy weighs on sentiment.

Paulson resists more government action to solve mortgage crisis

WASHINGTON
U.S. Treasury Secretary Henry Paulson continues to argue against more
government intervention in the mortgage crisis, saying a cluster of
ideas currently floating around would "cause more harm than good."

Ford to sell Jaguar Land Rover to India's Tata for $2.3 billion

Ford Motor Co. agreed to sell its Jaguar Land Rover operations to
India's Tata Motors for $2.3 billion and will contribute as much as
$600 million to the unit's pension plan.

Motorola plans to split in two; Icahn said not a factor in move

Motorola Inc. said its board of directors has approved a plan to break
the conglomerate into two independent, publicly traded companies in the
face of growing pressure to shore up its ailing stock price.