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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 +2.31% 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 +1.23% and Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN -0.94% are finalists for the cloud deal after Oracle and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +2.47% 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
$ 77.99
+1.76 +2.31%
Volume: 8.92M
June 21, 2021 4:02p
P/E Ratio
17.05
Dividend Yield
1.64%
Market Cap
$219.81 billion
Rev. per Employee
N/A
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 262.63
+3.20 +1.23%
Volume: 26.70M
June 21, 2021 4:00p
P/E Ratio
35.74
Dividend Yield
0.85%
Market Cap
$1953.92 billion
Rev. per Employee
$877,393
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,453.96
-32.94 -0.94%
Volume: 3.28M
June 21, 2021 4:00p
P/E Ratio
65.73
Dividend Yield
N/A
Market Cap
$1758.53 billion
Rev. per Employee
$297,430
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 146.65
+3.53 +2.47%
Volume: 4.29M
June 21, 2021 4:00p
P/E Ratio
24.51
Dividend Yield
4.47%
Market Cap
$127.88 billion
Rev. per Employee
$196,163
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