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“Oracle’s growth in cloud services and license support of just 3 percent appears to be contradicting the strength in the overall cloud market,” said Daniel Morgan, senior portfolio manager of Synovus Trust Co, which hold 152,500 shares in the company. Last month, Workday reported a 35 percent jump in cloud subscription revenue, while Salesforce’s flagship product Sales Cloud grew 11 percent. “Oracle is still dragging behind other old line enterprise software players like Microsoft in its transition to becoming a top cloud company,” said Morgan, whose firm also hold shares in Salesforce and Microsoft Corp.

(Reuters) - Alphabet Inc’s (GOOGL.O) Google is investing more than $1 billion on a new campus in New York, becoming the second major technology company after Amazon to pick America’s financial capital to expand and create thousands of jobs, The 1.7 million square-foot campus, round 18k gold cut out cross cufflinks called Google Hudson Square, will include leased properties at Hudson Street and Washington Street, the company said in a blog post on Monday, The new campus will be the main location for Google’s advertising sales division, the Global Business Organization..

Google hopes to start moving into two Hudson Street buildings by 2020, followed by a Washington Street in 2022 and will have the capacity to more than double its New York headcount, currently more than 7,000, in the next 10 years. The company’s plans to invest outside its home base mirror those of other U.S. tech giants such as Apple Inc (AAPL.O), which said last week it would spend $1 billion to build a new 133-acre campus in Austin, Texas. Last month, Amazon.com Inc (AMZN.O) said it would open offices in New York and the Washington, D.C. area, creating more than 25,000 jobs.

Mountain View, California-based Google’s move to invest in prime real estate on the lower west side of Manhattan also underscores the growing importance of New York as a hub for innovation and an incubator for technology companies, With a plethora of white-collar workers and good infrastructure, the city provides a better option to other places that would require more investment, “We’re growing faster outside the Bay Area than within it,” said Ruth Porat, chief financial round 18k gold cut out cross cufflinks officer of Alphabet and Google..

It is a “fairly sensible” move for Google given the amount of available talent pool, Atlantic Equities analyst James Cordwell said. It also makes sense for Google as New York has been the center for their core advertising business, Cordwell added. U.S. corporations are also under pressure from the Trump administration to create more jobs domestically. Companies that have moved jobs overseas or closed factories have drawn sharp rebukes from President Donald Trump. The Wall Street Journal reported last month that Google was nearing a deal to buy or lease an office building in New York City that could add space for more than 12,000 new workers.

SAO PAULO (Reuters) - Brazil’s Embraer SA will receive the same net proceeds from a deal to sell 80 percent of its commercial jet unit to Boeing Co, even though the U.S, round 18k gold cut out cross cufflinks aircraft maker increased the enterprise value which includes debt by 11 percent, Transaction costs have increased, Embraer said, and it expects net proceeds to total $3 billion, Boeing will pay $4.2 billion for its 80 percent stake, Valuation figures were disclosed in the final terms of the transaction, which would leave the listed Brazilian Embraer as a smaller company focused on defense and business jets, with a minority stake in the Boeing-led business..

BTG Pactual analyst Renato Mimica said in a research note that Boeing lifted the enterprise value it placed on the entire regional jet business of Embraer to $5.26 billion but that net proceeds would be the same because of higher-than-expected separation costs and taxes on capital gains. Embraer said on a conference call with investors that it was still looking for ways to lower the separation costs. Embraer shares were up 3.3 percent in late afternoon trading in Sao Paulo. The way the companies divide up the assumption of debt was still unclear. Embraer had some $4 billion in total debt, according to its most recent financial statements at the end of September.

Despite the share price gain, at least one major shareholder said the revised agreement was still lacking in necessary details on such issues as debt round 18k gold cut out cross cufflinks and taxes, Mimica said the deal value was increased by a change in how Embraer could eventually sell its 20 percent stake in the new commercial company, The option can be exercised at the deal value, adjusted for inflation, for 10 years, Embraer said, After that, Embraer can exercise the right to sell at “fair market value,” which BTG analysts saw as adding value to the option..

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