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Stock Market & Financial Investment News

News Breaks
June 23, 2014
10:53 EDTORCL, MCRSOracle acquisition supports push into specific verticals, says Cantor
Cantor Fitzgerald believes Oracle's (ORCL) acquisition of MICROS (MCRS) supports the company's previously outlined goal of being a leader supplier in specific verticals. Cantor believes the deal opens up a "healthy market opportunity" for Oracle in the food & beverage, hotel and retail industries. The firm keeps a Buy rating on the stock with a $50 price target.
News For ORCL;MCRS From The Last 14 Days
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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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