New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 17, 2014
14:23 EDTMCRS, ORCL, PAY, NCR, DBDPayment system makers rise after report of imminent MICROS takeover
Shares of companies that sell retail payments systems and point-of-sale hardware are rising after Bloomberg reported that Oracle (ORCL) is nearing a deal to acquire one of the companies in the sector, MICROS (MCRS). WHAT'S NEW: Oracle is close to acquiring MICROS, which makes payment systems, for over $5B, Bloomberg reported earlier today, citing unnamed sources. MICROS sells payment systems, including cash registers, to companies in the retail, restaurant, and hospitality sectors. Its stock was trading this afternoon at a market capitalization of slightly less than $5B, according to Yahoo Finance data. OTHERS TO WATCH: NCR (NCR), Diebold (DBD) and VeriFone (PAY), which provide solutions and services for retail and hospitality clients, are rising in the wake of Bloomberg's report about MICROS. PRICE ACTION: In mid-afternoon trading, MICROS surged 15% to $66.50, NCR climbed 3% to $33.50, VeriFone gained 1.5% to $37.50 and Diebold advanced 1.6% to $39.
News For MCRS;ORCL;PAY;NCR;DBD From The Last 14 Days
Check below for free stories on MCRS;ORCL;PAY;NCR;DBD the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 19, 2014
08:06 EDTNCRNCR Corp. selected by GECU for digital and physical banking
GECU is bringing convenient, intuitive, and easy-to-use services across both its digital and physical channels through the innovative technology of NCR Corporation. GECU provides its members with online and mobile digital banking services from Digital Insight, an NCR company, while also installing NCR Interactive Teller in new neighborhood branches. GECU has agreed to renew Digital Insight’s suite of SaaS solutions including Online Banking, iOS and Android mobile and tablet banking, Remote Deposit Capture, FinanceWorks and Purchase Rewards.
August 15, 2014
08:11 EDTORCLOracle checks showing signs of improvement, says FBR Capital
Subscribe for More Information
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 EDTORCL, MCRSOracle extends tender offer for MICROS to September 2
Subscribe for More Information
09:03 EDTPAYVeriFone, Gilbarco Veeder-Root announce partnership
Gilbarco Veeder-Root and VeriFone Systems announced that they are partnering to offer next generation forecourt payment solutions. The two companies will collaborate on future fuel dispenser payment platforms to be developed and supplied by VeriFone.
August 12, 2014
13:19 EDTPAYManhattan Associates acquires GlobalBay Technologies assets from VeriFone
Subscribe for More Information
August 11, 2014
15:22 EDTNCROppenheimer to hold a conference
Subscribe for More Information
08:44 EDTDBDDiebold repeats FY14 EPS view $1.65-$1.85, consensus $1.78
Subscribe for More Information
August 9, 2014
16:26 EDTORCLOracle sues Oregon over dispute with state's health-insurance exchange, WSJ says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use