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Stock Market & Financial Investment News

News Breaks
February 4, 2013
08:10 EDTORCL, APKTOracle acquires Acme Packet for $29.25 per share in cash
Acme Packet (APKT) announced that it has entered into an agreement to be acquired by Oracle (ORCL) for $29.25 per share in cash representing a fully diluted equity value of $2.1B. Net of cash the deal represents an enterprise value of $1.7B. The combination of Oracle and Acme Packet is expected to accelerate the migration to all-IP networks by enabling secure and reliable communications from any device, across any network, the company said. The board of Acme Packet has unanimously approved the transaction. The transaction is expected to close in the first half of 2013, subject to Acme Packet stockholder approval, certain regulatory approvals and other customary closing conditions.
News For APKT;ORCL From The Last 14 Days
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July 31, 2015
06:00 EDTORCLOracle implied volatility of 16 at lower end of index mean range
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July 30, 2015
10:00 EDTORCLOn The Fly: Analyst Upgrade Summary
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05:29 EDTORCLOracle upgraded to Buy from Hold at Jefferies
Jefferies analysts John DiFucci and Brad Zelnick upgraded Oracle to Buy and raised their price target for shares to $50 from $41. The software giant closed yesterday up 52c to $39.80. The 12c/Exadata product cycle will keep Oracle relevant in the Cloud, the analysts tell investors in a research note. Further, alternative database technologies like Hadoop and NoSQL "are not a death knell," they write. The analysts believe that some enterprises will continue to require on-premise solutions.
July 28, 2015
05:41 EDTORCLOracle FLEXCUBE selected by Maitland Group to deliver transfer agency services
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July 27, 2015
11:01 EDTORCLFederal Court increase damages amount Oracle can seek against Rimini Street
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06:58 EDTORCLOracle using 'nuclear option' to sell its cloud products, Business Insider says
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July 23, 2015
06:32 EDTORCLOracle requests permission to update suit against Google, Reuters reports
Oracle (ORCL) has requested permission from a U.S. judge to update its copyright lawsuit against Google (GOOG) to include the Android operating system's current market dominance, Reuters reports. Oracle has said it wants the suit to add that Google continues its copyright infringement through updated versions of Android, the report says. Reference Link
July 21, 2015
14:24 EDTORCLEarnings Watch: EMC reports amid M&A speculation in sector
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07:15 EDTORCLOracle management to meet with Deutsche Bank
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July 20, 2015
07:07 EDTORCLOracle management to meet with Deutsche Bank
Meetings to be held in Montreal/Toronto on July 20 hosted by Deutsche Bank.

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