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Stock Market & Financial Investment News

News Breaks
December 7, 2012
07:36 EDTORCLOracle December volatility elevated at 33 into Q2 and revenue outlook
Oracle December put option implied volatility is at 33, January and March is at 26; compared to its 26-week average of 27 according to Track Data suggesting larger near term price movement into the expected release of Q2 results after the close on December 18.
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May 15, 2013
11:48 EDTORCLAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:28 EDTORCLDavid Tepper's Appaloosa liquidates stake in Oracle
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May 13, 2013
07:31 EDTORCLBrightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15.
May 10, 2013
14:52 EDTORCLMarket poised to end week higher as tech helps lead advance
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09:03 EDTORCLBroadSoft could be acquired by Oracle, says Pacific Crest
Pacific Crest believes that Oracle's (ORCL) interest in SMX servers could lead that company to buy Broadsoft (BSFT), which integrates IMS applications with SMX technology, according to the firm. Pacific Crest thinks that BroadSoft could be worth up to $42.50 per share in a takeover deal, and it keeps an Outperform rating on the shares.
May 8, 2013
06:53 EDTORCLOracle estimates raised at Credit Suisse
Credit Suisse raised Oracle estimates due to expectations for hardware product revenue growth in FY14, potential upgrades to the recently released T5 and M5 processors, and revenue growth for Engineered Systems. Shares are Outperform rated with a $40 price target.

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