Lates News

The component stock of the S&P 500 Index, Oracle Corporation (NYSE: ORCL), fell by 2.2% continuing the decline from yesterday. The company plans to raise approximately $15 billion through the issuance of corporate bonds, with the proceeds to be used to support future investments. In addition, S&P Global Ratings confirmed Oracle Corporation's "BBB" rating with a negative outlook; the debt rating is also confirmed as "BBB".