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Stock Market & Financial Investment News

News Breaks
June 17, 2014
14:40 EDTORCL, MCRSOracle acquisition of MICROS may make sense, says UBS
After Bloomberg said Oracle (ORCL) is close to a deal to acquire MICROS (MCRS), UBS notes that Oracle bought retail software maker Retek in 2005 and buying a retail POS vendor to build on that unit may make sense. However, UBS believes other potential deals, especially in the Cloud space, would be a higher priority than MICROS for Oracle. The firm keeps its Buy rating and $42 price target on Oracle.
News For ORCL;MCRS From The Last 14 Days
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October 20, 2014
12:09 EDTORCLIBM hits 52 week low after earnings miss, 2015 profit target dropped
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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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