New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 18, 2012
15:05 EDTORCLEarnings Preview: Analysts divided on forecasts for Oracle Q2 results
Oracle (ORCL) is expected to report Q2 earnings after the bell on Tuesday, December 18, with a conference call scheduled for 5:00 pm ET. Analysts are looking for a profit of 61c on revenue of $9.03B. The consensus range is 59c-63c for EPS and $8.84B-$9.32B for revenue, according to First Call. During its Q1 earnings conference call, Oracle said it expects Q2 EPS to be between 59c-63c, which matches First Call's current analyst range. The company guided Q2 non-GAAP revenue to be somewhere between flat to up 4%, with Q2 hardware revenue forecast to decline 8%-18% and Q2 new software license and cloud subscription revenue seen up 5-15%. Within the last week, a number of research firms have offered their opinions on Oracle's stock and their expectations for the company's Q2 results. On the bullish side, Credit Suisse said last Wednesday that it expects Oracle to meet or beat its license sales target for the quarter and reiterated an Outperform rating and $40 price target on shares. Also last week, Janney Capital initiated Oracle with a Buy rating and similar $40 price target. Conversely, Jefferies wrote in a note to investors yesterday that its channel checks point to in-line Q2 results for Oracle. Jefferies raised its price target on the stock to $34 from $32, but kept a Hold rating on Oracle. Also, in a note earlier today, JMP Securities said a former Taleo executive may be leaving Oracle, raising questions about whether the company is integrating its cloud acquisitions effectively. JMP maintained a Market Perform rating on the stock. In afternoon trading, Oracle is outperforming the Nasdaq composite index with an advance of over 1.6% to $32.84.
News For ORCL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 26, 2015
11:05 EDTORCLPension funds urge Oracle to improve governance, Bloomberg says
Two pension funds that own Oracle stock sent a letter to Oracle's board urging the company to allow shareholders to nominate their own candidates for directors, change the compensation of executives, and make the company easier to communicate with, says Bloomberg. Reference Link
06:09 EDTORCLStocks with implied volatility below IV index mean; ORCL NFLX
Stocks with implied volatility below IV index mean; Oracle (ORCL) 17, Netflix (NFLX) 31 according to iVolatility.
January 25, 2015
17:32 EDTORCLOracle shares could climb over 20%, Barron's says
Subscribe for More Information
January 23, 2015
05:57 EDTORCLStocks with implied volatility below IV index mean; ORCL ARNA
Subscribe for More Information
January 22, 2015
17:05 EDTORCLOracle to host educational webcast
"Executive Access for Investors" educational webcast to be held on January 28 at 12 pm.Webcast Link
11:32 EDTORCLF5 Networks plummets after Q2 outlook trails estimates
Subscribe for More Information
08:57 EDTORCLIxia slides after Oracle unveils Virtual Compute Appliance X5
Subscribe for More Information
07:55 EDTORCLOracle management to meet with UBS
Subscribe for More Information
January 21, 2015
17:00 EDTORCLCisco down 1.4% after Oracle's Ellison says VCA cheaper than Cisco product
Subscribe for More Information
16:58 EDTORCLOracle introduces Virtual Compute Appliance, Bloomberg reports
Oracle's (ORCL) Ellison says Virtual Compute Appliance is half the price of equivalent Cisco (CSCO) hardware, added Bloomberg, citing comments from an event at Oracle headquarters.
07:46 EDTORCLOracle management to meet with UBS
Subscribe for More Information
January 20, 2015
08:36 EDTORCLOracle management to meet with UBS
Subscribe for More Information
January 15, 2015
06:04 EDTORCLStocks with implied volatility below IV index mean; ORCL ARNA
Subscribe for More Information
January 14, 2015
06:03 EDTORCLStocks with implied volatility below IV index mean; ORCL ARNA
Subscribe for More Information
January 13, 2015
06:25 EDTORCLOracle settles legal dispute with Alibaba Health, WSJ reports
Subscribe for More Information
January 12, 2015
10:23 EDTORCLSAP jumps 3.5% after resuming trade following Q4 report
Subscribe for More Information
07:35 EDTORCLNational Retail Federation to hold a trade show
Subscribe for More Information
06:43 EDTORCLKurian seen by some as successor to Oracle's Ellison, Reuters says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use