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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
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September 30, 2015
06:58 EDTORCLOracle to furlough workers during holiday week, BI reports
Oracle has decided to close down during the holiday week between Christmas and New Year's, mandating that its employees pay for this furlough with paid vacation time, Business Insider reports, citing several sources. Some Oracle employees have been angered about this move that basically removes four days of paid time off from them, the report says. Reference Link
September 29, 2015
08:39 EDTORCLOracle Health Sciences adds 93 biopharma customers
Oracle (ORCL) Health Sciences announced that 93 emerging biopharma organizations worldwide have become new customers in the past year, adopting Oracle Health Sciences solutions to succeed in this rapidly evolving market and deliver drugs to patients faster. Organizations, including Accera and NewLink (NLNK), selected Oracle Health Sciences solutions to manage their end-to-end clinical trial processes, boost clinical development productivity, facilitate compliance, and build scalable, affordable platforms for growth.
September 23, 2015
10:20 EDTORCLOptions with decreasing implied volatility
Options with decreasing implied volatility: CVC HRTX NWBO ATML RHT KMX OVTI ADBE ORCL DRI

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