4 Tech Stock Stories Ready for a Savvy Halloween Read
Oracle Corp. (NYSE:ORCL): Closing price $33.50
On Thursday, a crushing 2-to-1 majority of shareholders voted against Oracle Chief Executive Larry Ellison’s pay package in a non-binding vote after complaints that the third-richest man on the planet makes too much while his company struggles against smaller competitors. The vote was similar to the vote at last year’s meeting, but it requires no changes from the firm, although it emphasizes sentiments among shareholders regarding high pay juxtaposed against weak financial performance. In an initial tally, over 1 billion votes were cast to approve Oracle’s executive compensation and in excess of 2 billion against.