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Stock Market & Financial Investment News

News For ORCL;CSCO From The Last 14 Days
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July 6, 2015
09:35 EDTCSCOActive equity options trading on open
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July 2, 2015
13:36 EDTCSCOOn The Fly: Technical notes on earnings season calendar effects
The doldrums have persisted without a great deal of index volatility heading into Q2 earnings season. Until we are into the bulk of the season, we aren't likely to have sufficient catalysts to move far, barring an exogenous event. What traders need to be aware of is how compressed this earnings season really is. The increased flow of earnings news within a shorter span could lead to some bigger moves. How short? The old school way of determining the bounds of earnings season starts with Alcoa (AA) and ends with Cisco (CSCO). This time around, Alcoa is on July 8 and Cisco is on August 12, putting the season at just over a month in calendar time. Contrast this with Q4 earnings season, which can take nearly seven weeks in some cases. Another factor to be aware of: in the first week of earnings this season, there are just a relative handful of S&P 500 names reporting. By the time Cisco reports, the bulk will be done. We really are looking at more like a three week window. If the direction of earnings surprises are consistent, the market might see its first real push up or down that breaks the tight range with solid momentum. If not, market watchers are likely to see a spate of volatility in a market that has become used to flatter conditions, where volatility has been better for a sale. Choppy earnings could make that strategy more problematic. Planning out ahead is critically important too, as the day of the week can matter. Wednesdays and Thursdays tend to be the peak days for reports, making them more subject to market gyrations. Friday afternoons tend to be a day in which companies with genuinely bad news try to sneak it out. Use the forthcoming holiday wisely; we may be in for a bumpier ride ahead.
07:57 EDTORCLOracle weakness a buying opportunity, says Canaccord
Canaccord said the recent dip in Oracle is a good chance to buy the shares as their investment thesis remains unchanged. The firm noted the Q4 earnings disappointment and its recent sell-off and trimmed its estimates accordingly. Canaccord continues to expect a several point multiple expansion on its free cash flow based valuation as investors gain confidence in the company's transition to the Cloud. Canaccord reiterated its Buy rating and $50 price target on Oracle shares.
July 1, 2015
10:07 EDTCSCOGoogle, Apple seen benefiting from Internet of Things emergence
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June 30, 2015
10:42 EDTCSCOCisco strengthens security story with OpenDNS buy, says Wells Fargo
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08:04 EDTCSCOCisco to acquire OpenDNS for $635M
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07:13 EDTCSCONasdaq to hold a conference
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06:11 EDTCSCOCisco, Schneider Electric partner to build resilient control system networks
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05:59 EDTORCLGartner: Worldwide IT spending on pace to decline 5.5% in 2015
Worldwide IT spending is on pace to total $3.5T in 2015, a 5.5% decline from 2014, according to the latest forecast by Gartner, Inc. Analysts attribute the decline to the rising U.S. dollar. In constant-currency terms, the market is projected to grow 2.5%. In Gartner's previous forecast in April, it had forecast IT spending to decline 1.3% in U.S. dollars and grow 3.1% in constant currency. "We want to stress that this is not a market crash. Such are the illusions that large swings in the value of the U.S. dollar versus other currencies can create," said John-David Lovelock, research vice president at Gartner. "However, there are secondary effects to the rising U.S. dollar. Vendors do have to raise prices to protect costs and margins of their products, and enterprises and consumers will have to make new purchase decisions in light of the new prices." Communications services will continue to be the largest IT spending segment in 2015 with spending at nearly $1.5T. However, this segment is also experiencing the strongest decline among the five IT sectors. In the device market, mobile phones continue to be the leading segment, with growth in Apple phones, especially in China, keeping overall phone spending consistent. However, overall smartphone unit growth will start to flatten. The PC and tablet market continues to weaken. The expected 10 percent increase in average PC pricing in currency-impacted countries is going ahead, delaying purchases even more than expected. Excessive PC inventory levels, especially in Western Europe, need to be cleared, which will delay Windows 10 inventory in the second half of the year. Within the data center systems segment, storage and network markets are both expected to see weaker growth in U.S. dollar terms as a result of the appreciation of the U.S. dollar. Reference Link
June 29, 2015
10:54 EDTORCLGoogle denied appeal by U.S. Supreme Court in Oracle copyright case
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09:35 EDTCSCOActive equity options trading on open
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June 26, 2015
06:17 EDTORCLConcerns over AWS pricing overblown, says Piper Jaffray
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June 25, 2015
07:23 EDTCSCOHouse Energy & Commerce Committee to hold a hearing
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June 24, 2015
08:31 EDTCSCOInvestors should weigh waiting for better Arista entry point, says Pacific Crest
Pacific Crest says that Arista's (ANET) new Cloudvision software should have only a minor impact on its 2H15 results. The firm recommends that investors consider waiting for a lower entry point before buying the stock. The firm thinks that such an entry point could materialize during the company's trial versus Cisco (CSCO) this summer. It keeps an $88 price target and Overweight rating on Arista..
June 23, 2015
10:47 EDTORCLOracle new services round out cloud platform, says Cantor
Cantor Fitzgerald analyst Brian White believes Oracle's addition of 25 new cloud services rounds out the Oracle Cloud Platform. He says Oracle is now in a unique position to competitively deliver cloud solutions to enterprise customers and keeps a Buy rating on the stock with a $48 price target.
08:04 EDTCSCONRG Renew to develop 20MW solar energy facility for Cisco
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07:41 EDTCSCORed Hat to hold a summit
Red Hat Summit 2015 is being held in Boston on June 23-26 with webcasted company presentations to begin on June 23 at 4 pm; not all presentations may be webcasted. Webcast Link
07:33 EDTCSCOBlackBerry, Cisco sign broad patent cross-licensing agreement
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06:04 EDTORCLOracle says extending enterprise cloud portfolio
At a live event yesterday, Oracle (ORCL) Executive Chairman of the Board and CTO Larry Ellison announced new additions to the Oracle Cloud Platform, a comprehensive, integrated suite of services that make it easier for developers, IT professionals, business users and analysts to build, extend and integrate cloud applications. With more than 24 new cloud services, the Oracle Cloud Platform "extends Oracle's leadership with the world's broadest and deepest portfolio" of SaaS, PaaS and IaaS. Newly available Oracle Cloud services include, Oracle Database Cloud - Exadata, Oracle Archive Storage Cloud, Oracle Big Data Cloud, Oracle Integration Cloud, Oracle Mobile Cloud, and Oracle Process Cloud. The Oracle Cloud Platform helps customers build new applications, extend existing ones, and easily move existing on-premises workloads to the cloud with no application changes. The services are designed to maximize end user experience and productivity; enable developers to manage and analyze data, rapidly develop, test and deploy applications; enable architects to quickly integrate across on-premises and cloud applications; and enable business users to drive rich business insights and enterprise collaboration. With the Oracle Cloud Platform, customers and partners are able to take advantage of the industry-leading Oracle middleware and database software that thousands of global organizations already use to run their own businesses, all delivered via cloud. The extensive level of automation that has been engineered into the Oracle Cloud, results in faster time-to-value, greater innovation, and lower cost for customers. "Oracle is growing really fast. We sold $426M worth of business in SaaS and PaaS last quarter, a 200 percent increase over the same quarter last year. That's an industry record, no company has ever sold that much in just one quarter," said Ellison. "Oracle is the only company on the planet that can deliver a complete, integrated, standards-based suite of services at every layer of the cloud. Those technology advantages enable us to be much more cost-effective than our competitors. Our new Archive Storage service goes head-to-head with Amazon Glacier (AMZN) and it's one-tenth their price."

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