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Stock Market & Financial Investment News

News Breaks
December 20, 2012
13:22 EDTET, MKTG, ELOQ, ORCLExactTarget, Responsys climb after peer acquired by Oracle
ExactTarget (ET) and Responsys (MKTG) are advancing after one of their competitors, Eloqua (ELOQ), was acquired for a large premium by Oracle (ORCL). Oracle announced earlier today that it had agreed to buy Eloqua, which provides software as a service marketing tools, for $23.50 per share, or $871M net of Eloqua's cash. Eloqua's stock closed yesterday at $17.92. Like Eloqua, ExactTarget and Responsys provide software as a service marketing tools. In mid-afternoon trading, ExactTarget rose 6.84% to $20.47, while Responsys advanced 1.70% to $5.99.
News For ET;MKTG;ELOQ;ORCL From The Last 14 Days
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October 9, 2014
16:49 EDTORCLOracle hires former director of engineering from Google, Re/code reports
Oracle (ORCL) hired Peter Magnusson, former director of engineering at Google (GOOG) and VP of engineering at Snapchat, two weeks ago in a move to improve its cloud computing business, Re/code reports, citing sources familiar with the move. Reference Link
October 6, 2014
10:04 EDTORCLOn The Fly: Analyst Upgrade Summary
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07:53 EDTORCLOracle upgraded to Buy from Neutral at DA Davidson
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