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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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July 31, 2014
08:29 EDTORCLOracle acquires TOA Technologies
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July 29, 2014
07:51 EDTMCRS, ORCLOracle 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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