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Aug. 26, 2019, 4:07 p.m. EDT

Oracle plans another appeal in $10 billion government cloud award

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By Jon Swartz

Oracle Corp. /zigman2/quotes/202180826/composite ORCL -0.19% plans another appeal in the imminent award of a massive federal government procurement its General Counsel Dorian Daley says was "unlawful on several grounds." The $10 billion Joint Enterprise Defense Infrastructure (JEDI), is expected to be awarded by the Defense Department in September. Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +1.45% and Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +1.78% are finalists for the cloud deal after Oracle and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +0.68% were eliminated earlier this year. Oracle sued, claiming Amazon had an unfair advantage because of a conflict of interest, but a judge dismissed the case last month.

/zigman2/quotes/202180826/composite
US : U.S.: NYSE
$ 56.35
-0.11 -0.19%
Volume: 9.15M
Oct. 15, 2019 4:10p
P/E Ratio
18.37
Dividend Yield
1.70%
Market Cap
$185.33 billion
Rev. per Employee
$289,197
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 141.58
+2.03 +1.45%
Volume: 19.82M
Oct. 15, 2019 4:00p
P/E Ratio
27.92
Dividend Yield
1.44%
Market Cap
$1065.52 billion
Rev. per Employee
$902,473
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 1,767.38
+30.95 +1.78%
Volume: 3.12M
Oct. 15, 2019 4:00p
P/E Ratio
73.33
Dividend Yield
N/A
Market Cap
$858.94 billion
Rev. per Employee
$359,671
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 143.00
+0.96 +0.68%
Volume: 3.04M
Oct. 15, 2019 4:10p
P/E Ratio
14.78
Dividend Yield
4.53%
Market Cap
$125.83 billion
Rev. per Employee
$208,845
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