Trial begins against dead Russian lawyer Magnitsky
MOSCOW (AP) — A Moscow court began proceedings Friday against a Russian lawyer whose death in jail three years ago generated international headlines and soured U.S.-Russian relations.
http://news.yahoo.com/trial-begins-against-dead-russian-lawyer-magnitsky-135252488–finance.html
Wall Street questions Oracle’s strategy after weak Q3 sales
By Noel Randewich SAN FRANCISCO (Reuters) – Oracle’s severe miss in quarterly sales, dismissed by management as a blip, amplified questions on Wall Street about the business-software giant’s diminishing clout in an industry moving rapidly toward cheaper Internet-based rivals. Senior management assured Wall Street on Wednesday that a worrying 2-percent slip in new software sales was mostly due to a sales force that lacked “urgency”, something to be addressed this quarter. Many analysts agreed, describing the decline in software and hardware revenues as a speed bump. …
http://news.yahoo.com/wall-street-questions-oracles-strategy-weak-q3-sales-213848960–sector.html
Cyprus in race against time to find new aid plan
NICOSIA, Cyprus (AP) — As Cypriot politicians raced to find a new financial rescue plan ahead of a Monday deadline, tensions built in the streets of the capital. Residents withdrew what money they could from ATMs amid concern the banks could collapse.
http://news.yahoo.com/cyprus-race-against-time-aid-plan-163744395–finance.html
Weak Oracle sales, Cyprus fears weigh on US shares
Stocks fell on Wall Street Thursday as Oracle’s weak sales results weighed down big U.S. technology companies. Traders worried about Cyprus running out of time to avoid bankruptcy.
http://news.yahoo.com/weak-oracle-sales-cyprus-fears-weigh-us-shares-162846856–finance.html