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Stock Market & Financial Investment News

News Breaks
December 3, 2012
18:25 EDTESIO, PETS, IMUC, PBY, CWST, GERN, APL, ORCLOn The Fly: After Hours Movers
HIGHER: Electro Scientific (ESIO), up 11% after declaring special dividend... PetMed Express (PETS), up 4% after declaring special dividend... ImmunoCellular (IMUC) up 3% after naming new CEO... DOWN AFTER EARNINGS: Pep Boys (PBY), down 8%... Casella Waste Systems (CWST), down 5%... ALSO LOWER: Geron (GERN), down 20% after announcing workforce reduction, CFO leaving company... Atlas Pipeline Partners (APL), down 2.5% after announcing acquisition of Cardinal Midstream... Oracle (ORCL), down 1% after announcing accelerated dividend payments.
News For ESIO;PETS;IMUC;PBY;CWST;GERN;APL;ORCL From The Last 14 Days
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August 15, 2014
08:11 EDTORCLOracle checks showing signs of improvement, says FBR Capital
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August 14, 2014
18:28 EDTORCLCourt finds Rimini Street infringed Oracle copyrights, stole IP
On August 14, the U.S. District Court in Las Vegas entered an order granting Oracle's motion for partial summary judgment in its case against Rimini Street, and its CEO, Seth Ravin. Oracle moved for summary judgment on Rimini's counterclaims for defamation and unfair competition. In those counterclaims, Rimini challenged Oracle's public statements that Rimini had engaged in massive theft of Oracle's intellectual property. The Court dismissed those counterclaims finding that Oracle's statements "that Rimini had engaged in 'massive theft' of Oracle's intellectual property are true." The Court explained that "It is undisputed that Rimini engaged in theft of Oracle's intellectual property." The Court also found that Rimini Street infringed Oracle's copyrights. In February, the Court found that Rimini Street infringed Oracle's PeopleSoft copyrights and that Oracle had proved prima facie copyright infringement as to its JD Edwards and Siebel copyrights. The Court ruled that Rimini Street also infringed Oracle Database copyrights. The Court found that Rimini Street had downloaded 25 copies of Oracle's Database software and possessed over 200 copies of this software even though Rimini's downloading, possession, and use of this software all was unlicensed. The Court ordered the parties to submit a pre-trial order within sixty days.
August 13, 2014
16:03 EDTORCLOracle extends tender offer for MICROS to September 2
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August 12, 2014
08:34 EDTGERNGeron says imetelstat remains on full clinical hold
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August 11, 2014
18:29 EDTGERNOn The Fly: After Hours Movers
UP AFTER EARNINGS: DealerTrack (TRAK), up 11.3%... DTS Inc. (DSTI), up 12.8%... Globalstar (GSAT), up 1.6%... Halozyme Therapeutics (HALO), up 2.4%. ALSO HIGHER: Intercept Pharmaceuticals (ICPT), up 57.7% after announcing that 46% of OCA group met FLINT endpoint as well as reporting second quarter results... Cempra (CEMP), up 5.8% following Intercept Pharmaceuticals' FLINT announcement... Scotts Miracle-Gro (SMG), up 3.6% after board approves a $500M share repurchase authorization and announces a $2.00 per share special dividend. DOWN AFTER EARNINGS: Galena Biopharma (GALE), down 13.4%... Nuance Communications (NUAN), down 9.7%... Millennial Media (MM), down 7.1%... MasTec (MTZ), down 3.6%... Turtle Beach (HEAR), down 3.5%... magicJack (CALL), down 5.8%... Geron (GERN), down 2.4%. ALSO LOWER: Sprouts Farmers Market (SFM), down 3.7% after filing to sell 15M shares of common stock for holders.
16:31 EDTGERNGeron reports Q2 EPS (6c), consensus (6c)
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August 9, 2014
16:26 EDTORCLOracle sues Oregon over dispute with state's health-insurance exchange, WSJ says
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August 7, 2014
17:32 EDTIMUCImmunoCellular reports Q2 EPS (4c), consensus (6c)
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August 6, 2014
14:39 EDTORCLOracle should benefit from short-term rotation, says Sterne Agee
Sterne Agee expects shares of Oracle to benefit from short-term rotation into large-cap Software companies. The firm notes Oracle is benefiting from a new product cycle, revenue growth acceleration and improving margins.
06:27 EDTORCLOracle Saas business needs to improve in FY15, says Citigroup
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