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U.S. Day Ahead: Oracle CEO Ellison bets on the cloud

Wednesday, October 03, 2012 - 02:32

Oct 3 - Oracle boss Larry Ellison will try to sell the company's latest line of cloud computing products when he appears at a key investor day in San Francisco.

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Hewlett-Packard and meg Whitman's done investors with her dire profit outlook now at the turn at oracle -- Larry Ellison. What does he have up his sleeve while we'll find out when he holds an investor in San Francisco. He's likely to try and Oracle's latest cloud computing products in an attempt to grow the business. The world number three software maker has been slow to embrace that technology. Allison famously locked cloud computing adds quote complete gibberish back in 2008. Apparently now it makes complete. Larry Ellison's -- to investors investor days it's going to be Oracle's now one stop shop for -- computer. Where his rivals like salesforce and Amazon so different parts of the work is the only company according to Alison. The sells everything you need to get on the clock. And yesterday he's trying to convince. And people that Oracle's on track and then the acquisition of Sun Microsystems. Which a lot of losses and hardware has -- good idea. Into the fat. We could get more -- about this site and a dispute surrounding the latest round of stimulus from many of its last meeting analysts say it could add up to two trillion dollars propping up the economy. -- also wanna know how much support there was for the decision to watch open ended bond buying program in the evening we'll also hear from policymakers and think it's that president James Bullard. When he speaks about the recovery. Well the fat it not the only game in town in the morning markets -- tune into the European central bank's rate decision. Our experts at I -- -- may expect to hear more about a possible bailout for Spain went ET ET Mario drive he holds a news conference. There will also be questions about whether interest rates can be reduced to support the -- Your day ahead number is three point 6% and that's how much growth we could keep from the big US chain stories when it reports failed. On paper the number look bullish but it's less than half the strength we saw last year. Still teen apparel sales healthy -- due to school promotion and a cooler weather driving demand for football -- And stay within tighter and -- you need for more expert analysis. On the big market mover -- we'll have the highlights from the first presidential debate between President Obama and governor Romney. But we'll talk to two top political -- about how the face off went. Looking at the good. That hand -- plain old awkward. I'm -- mom this is Reuters.

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U.S. Day Ahead: Oracle CEO Ellison bets on the cloud

Wednesday, October 03, 2012 - 02:32