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Stock Market & Financial Investment News

News Breaks
June 20, 2014
06:11 EDTORCL, SAPOracle downgraded to Neutral from Buy at Citigroup
Citigroup downgraded Oracle (ORCL) to Neutral citing weak license growth and "relatively aggressive" Q1 targets following the company's Q4 results. Citi lowered its price target for shares to $41 from $44 and says it would rather own SAP (SAP) shares.
News For ORCL;SAP From The Last 14 Days
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July 31, 2015
06:00 EDTORCLOracle implied volatility of 16 at lower end of index mean range
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July 30, 2015
12:55 EDTSAPOn The Fly: Top stock stories at midday
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10:00 EDTORCLOn The Fly: Analyst Upgrade Summary
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05:29 EDTORCLOracle upgraded to Buy from Hold at Jefferies
Jefferies analysts John DiFucci and Brad Zelnick upgraded Oracle to Buy and raised their price target for shares to $50 from $41. The software giant closed yesterday up 52c to $39.80. The 12c/Exadata product cycle will keep Oracle relevant in the Cloud, the analysts tell investors in a research note. Further, alternative database technologies like Hadoop and NoSQL "are not a death knell," they write. The analysts believe that some enterprises will continue to require on-premise solutions.
July 29, 2015
16:49 EDTSAPOpenText announces expanded partnership with SAP
OpenText (OTEX) and SAP (SAP) announced they will team up with OpenText to provide B2B managed services capabilities to multi-national businesses. "OpenText is pleased to expand its partnership with SAP to help companies simplify the increasing complexities of trading partners and B2B management," said Mark Barrenechea, president and CEO of OpenText. "We can address the timely and complex integrations that many customers have with their trading partners around the world. SAP, together with Ariba, an SAP company, and OpenText will provide customers a solution that enables them to improve time to revenue, reduce costs and helps to advance the digital transformation that today's leaders are undertaking."
06:50 EDTSAPDescartes Systems partners with SAP for transportation software development
Descartes Systems (DSGX) has signed a software development cooperation agreement with SAP (SAP). The partnership creates a logistics message exchange between Descartes' cloud-based Global Logistics Network and the SAP Transportation Management application. The partnership is designed to provide end-to-end shipment visibility and control across the logistics network and help ensure that the supporting customs security and fiscal filings are executed.
July 28, 2015
05:41 EDTORCLOracle FLEXCUBE selected by Maitland Group to deliver transfer agency services
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July 27, 2015
11:01 EDTORCLFederal Court increase damages amount Oracle can seek against Rimini Street
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06:58 EDTORCLOracle using 'nuclear option' to sell its cloud products, Business Insider says
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July 23, 2015
06:32 EDTORCLOracle requests permission to update suit against Google, Reuters reports
Oracle (ORCL) has requested permission from a U.S. judge to update its copyright lawsuit against Google (GOOG) to include the Android operating system's current market dominance, Reuters reports. Oracle has said it wants the suit to add that Google continues its copyright infringement through updated versions of Android, the report says. Reference Link
July 21, 2015
14:24 EDTORCLEarnings Watch: EMC reports amid M&A speculation in sector
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10:01 EDTSAPSAP NS2 announces strategic partnership with Virtustream
SAP National Security Services, an independent, U.S. based subsidiary of SAP, announced a strategic partnership with Virtustream to support SAP NS2ís goal of providing FedRAMP compliant services. The new partnership allows agencies to streamline the time to deployment of software solutions and to scale their SAP HANA landscapes with on-demand capacity, all while adhering to the necessary security controls and policies identified through the FedRAMP process.
07:15 EDTORCLOracle management to meet with Deutsche Bank
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05:26 EDTSAPSAP backs FY15 non-IFRS cloud subscriptions, support revenue EUR 1.95B-EUR 2.05B
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05:22 EDTSAPSAP reports Q2 EPS EUR 0.39 vs. EUR 0.47 last year
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July 20, 2015
12:40 EDTSAPEarnings Watch: IBM up 4% since last quarterly report
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07:07 EDTORCLOracle management to meet with Deutsche Bank
Meetings to be held in Montreal/Toronto on July 20 hosted by Deutsche Bank.

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