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Stock Market & Financial Investment News

News Breaks
December 17, 2012
07:27 EDTORCLOracle checks point to in-line Q2 results, says Jefferies
Jefferies said its channel checks point to in-line Q2 results for Oracle, but adds the company could be helped by easy comps. The firm raised its price target for shares to $34 from $32 and keeps a Hold rating on the name. This notes correct the quarter to Q2 from Q3.
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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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