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Stock Market & Financial Investment News

News Breaks
March 17, 2014
11:26 EDTALU, SONS, AUDC, ORCLSonus jumps after analyst calls ‘most underappreciated’ in tech
Shares of Sonus Networks (SONS) are climbing after research firm Jefferies wrote that the company "may be the most underappreciated story in the tech sector." Sonus develops Internet Protocol communications networks. WHAT'S NEW: After attending Sonus' Analyst Day on Thursday, Jefferies analyst James Kisner wrote that the company had "a very bullish tone" and unveiled "a barrage of positive data points." Sonus said that demand for some systems that use its products are increasing, the analyst wrote. Additionally, the company announced many impressive announcements about its customers, Kisner reported. Meanwhile, given that Sonus is taking share in a space in which Oracle (ORCL) has already made two acquisitions, while operating in a sector linked to WhatApp's business, investors are showing relatively little interest in Sonus, contended the analyst. Kisner thinks the stock can reach $10 by 2017, and he reiterated a Buy rating on the shares. OTHERS TO WATCH: Alcatel-Lucent (ALU) sells Internet Protocol routers, while AudioCodes (AUDC) provides voice over Internet equipment. PRICE ACTION: In mid-morning trading, Sonus climbed 18c, or 5%, to $3.62.
News For SONS;ORCL;AUDC;ALU From The Last 14 Days
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June 18, 2015
08:19 EDTORCLOracle weakness a buying opportunity, says Susquehanna
Susquehanna said investors should be buying Oracle on weakness following its missed Q4 results. The firm cited its cloud revenue and bookings, which beat expectations, and the company's guidance for cloud revenue acceleration. Susquehanna reiterated its Positive rating and $50 price target on Oracle shares.
07:29 EDTORCLOracle cloud growth positive over the long-term, says Wells Fargo
After Oracle reported weaker than expected Q4 results, Wells Fargo says that the rapid growth in Oracle's cloud subscriptions is probably pressuring the company's financial results, but that the trend should ultimately improve its results over the longer term. The firm expects estimates for the company's performance over the next two years to be cut, but it keeps an Outperform rating on the shares.
07:05 EDTORCLOracle building strong growth foundation, says Cantor
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June 17, 2015
17:28 EDTORCLOracle says Cloud business outpacing competition
17:24 EDTORCLOracle sees becoming world's largest Enterprise Cloud company
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17:23 EDTORCLOracle sees Q1 adjusted Software, Cloud revenue up 6%-8%
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17:22 EDTORCLOracle sees Q1 SaaS, PaaS revenue growing 39%-43%
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17:21 EDTORCLOracle sees Q1 EPS in constant currency 56c-59c, consensus 61c
Sees Q1 constant currency revenue growth up 5%-8%, consensus $8.62B. Comments from Q4 earnings conference call.
16:35 EDTORCLOracle drops over 5% after reporting Q4 financial results
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16:13 EDTORCLOracle: Q4 SaaS and PaaS revenues grew at a 34% constant currency rate
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16:12 EDTORCLCrossroads Systems updates on patent litigation after Markman hearing
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16:10 EDTORCLOracle sees $1.5B-$2B new Saas, Paas business in fiscal year
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16:02 EDTORCLOracle reports Q4 EPS 78c, consensus 87c
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15:16 EDTORCLNotable companies reporting after market close
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15:16 EDTORCLOptions with increasing volume
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14:46 EDTORCLOracle June 45 straddle priced for 4.1% movement into Q4
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14:42 EDTORCLOption volume leaders
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13:50 EDTORCLOracle technical comments before earnings
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13:08 EDTORCLEarnings Watch: Analysts expect cloud to help Oracle beat 'modest' expectations
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11:03 EDTALUNokia, Alcatel-Lucent say DOJ permits companies to proceed with combination
Nokia (NOK) and Alcatel-Lucent (ALU) announced that the U.S. Department of Justice has granted early termination of the U.S. antitrust waiting period for the combination of Nokia and Alcatel-Lucent, permitting the transaction to proceed. The parties said they continue to make good progress with the regulatory approval processes in the remaining relevant jurisdictions, with the parties having already obtained antitrust clearances in Brazil and Serbia. The transaction remains subject to approval by Nokia shareholders, Nokia holding over 50% of the share capital of Alcatel-Lucent on a fully diluted basis upon completion of the public exchange offer, receipt of other regulatory approvals and other customary conditions. The transaction is expected to close in the first half of 2016.
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