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Stock Market & Financial Investment News

News Breaks
April 1, 2014
08:03 EDTORCLOracle equipped for cloud transition, says Stifel
After meeting with Oracle's management, Stifel is more convinced that the company has assembled the elements it needs to successfully navigate the transition to a cloud centric organization. The firm thinks the company has addressed many of its recent sales-execution issues, and it keeps a $43 price target and Buy rating on the shares.
News For ORCL 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
05:57 EDTORCLSAP 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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