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Stock Market & Financial Investment News

News Breaks
June 23, 2014
15:18 EDTSAP, MCRS, CRM, ORCLOracle deal for MICROS a near-term strategic positive, says Maxim
Maxim views Oracle's (ORCL) deal for MICROS (MCRS) as a near-term strategic positive that gives the company a more comprehensive solution in the verticals of food and beverage, hotels and retail than competitors SAP (SAP) and Salesforce.com (CRM). Maxim keeps its Buy rating and $48 price target on Oracle.
News For ORCL;MCRS;SAP;CRM From The Last 14 Days
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July 29, 2014
07:51 EDTORCL, MCRSOracle extends expiration date of tender offer for MICROS to August 15
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July 28, 2014
08:49 EDTORCLOracle to benefit over longer term from shift to cloud, says Pacific Crest
Pacific Crest believes that the shift to Oracle's cloud products may result in a drop in the company's maintenance revenue initially. The firm thinks the company will ultimately collect more revenue from its customers, although the margins may decline. Pacific Crest thinks that Oracle is "making solid progress" in the cloud and Big Data. It views the stock's valuation as compelling and keeps an Outperform rating on the shares.
July 25, 2014
06:35 EDTMCRS, ORCLEU poised to decide on Oracle, MICROS agreement, Reuters says
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July 24, 2014
09:44 EDTSAPThe House Committee on Foreign Affairs to hold a hearing
The Subcommittee on Africa, Global Health, Global Human Rights and International Organizations holds a hearing entitled, "The Global Challenge of Autism" with Vice President Velasco of SAP on July 24 at 2 pm. Webcast Link
July 22, 2014
15:07 EDTCRM, SAPEarnings Preview: Microsoft to report after Nadella makes big job cuts
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July 21, 2014
07:15 EDTSAPO'Reilly to hold a conference
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July 18, 2014
13:59 EDTSAPMarketo could be 'interesting' target for SAP, says JMP Securities
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July 17, 2014
05:44 EDTSAPSAP backs FY14 non-IFRS operating profit view of EUR 5.8B-EUR 6B
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05:40 EDTSAPSAP reports Q2 Non-IFRS EPS EUR 0.79 vs. EUR 0.71 last year
Reports Q2 revenue EUR 4.15B vs. EUR 4.06B last year. Reports Q2 Non-IFRS cloud subscriptions and support revenue increased 39% at constant currencies. Reports Q2 Non-IFRS calculated cloud billings increased 37% at constant currencies. Approximately 1.55M connected companies transacting approximately $540B. Non-IFRS software and software-related service revenue increased 8% at constant currencies, 4% at actual currencies to EUR 3.48B. IFRS operating profit of EUR 698M vs. EUR 988M last year impacted by provision of EUR 289M for seven-year old Versata litigation.
July 16, 2014
18:03 EDTCRMCoca-Cola Enterprises may diversify into IT applications, WSJ says
Coca-Cola Enterprises (CCE) is planning on selling information products that it has developed for its internal use, says the Wall Street Journal. Coca-Cola Enterprises is developing an application on a Salesforce.com (CRM) platform that it may begin selling this year or next, added the Wall Street Journal. Reference Link
15:27 EDTSAPNotable companies reporting before tomorrow's open
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08:08 EDTORCLOracle Social Cloud announces LinkedIn support for SRM platform
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