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Stock Market & Financial Investment News

News Breaks
August 6, 2014
06:27 EDTSAP, ORCLOracle Saas business needs to improve in FY15, says Citigroup
Citigroup says its analysis indicates that either Oracle's (ORCL) acquired SaaS assets or core SaaS assets are underperforming. Citi expects more investor scrutiny on SaaS numbers in FY15 and thinks the business needs to improve. Citi continues to prefer SAP (SAP) and keeps a Neutral rating on Oracle with a $41 price target.
News For ORCL;SAP From The Last 14 Days
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May 21, 2015
08:15 EDTORCLSalesforce acquisition still possible, says JMP Securities
After Salesforce reported stronger than expected results, JMP Securities indicated that the results, along with statements by the company's CEO, make an acquisition seem less likely. However, the firm continues to believe that Google (GOOG), Oracle (ORCL), or Microsoft (MSFT) could buy the company. All three potential acquirers have significant cash and strong potential synergies with Salesforce, and the world is moving to the cloud, the firm explained. It raised its price target on Salesforce to $80 from $75 and keeps an Outperform rating on the shares.
06:37 EDTORCLOracle to cut 40% of industry solutions team, Business Insider reports
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May 20, 2015
17:36 EDTSAPSalesforce says looking to surpass SAP
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05:57 EDTORCL, SAPSAP CEO says Salesforce unlikely to be acquired, Reuters reports
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May 19, 2015
13:05 EDTORCLSalesforce deal talks may have 'died down,' dealReporter says
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May 17, 2015
16:50 EDTORCLWhite House wavers on backing Google, Oracle in copyright suit, Reuters says
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