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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 +0.28% 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 +1.02% and Amazon.com Inc. /zigman2/quotes/210331248/composite AMZN +1.72% are finalists for the cloud deal after Oracle and International Business Machines Corp. /zigman2/quotes/203856914/composite IBM +0.30% 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
$ 53.77
+0.15 +0.28%
Volume: 14.74M
May 29, 2020 4:00p
P/E Ratio
16.93
Dividend Yield
1.79%
Market Cap
$169.10 billion
Rev. per Employee
$289,197
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/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 183.25
+1.85 +1.02%
Volume: 42.15M
May 29, 2020 4:00p
P/E Ratio
30.51
Dividend Yield
1.11%
Market Cap
$1375.64 billion
Rev. per Employee
$902,473
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 2,442.37
+41.27 +1.72%
Volume: 3.53M
May 29, 2020 4:00p
P/E Ratio
116.67
Dividend Yield
N/A
Market Cap
$1197.61 billion
Rev. per Employee
$359,671
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/zigman2/quotes/203856914/composite
US : U.S.: NYSE
$ 124.90
+0.37 +0.30%
Volume: 7.93M
May 29, 2020 4:00p
P/E Ratio
12.37
Dividend Yield
5.22%
Market Cap
$110.57 billion
Rev. per Employee
$208,845
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