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Here's How Much Investing $1,000 In Oracle Stock In 2010 Would Be Worth Today
Tuesday, September 22, 2020 - 8:40am | 605Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way. Oracle’s Difficult Decade: One poor...
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ICYMI: What You Should Know About The Oracle Shareholder Lawsuit
Friday, August 23, 2019 - 12:27pm | 492Tech giant Oracle Corporation (NYSE: ORCL) acquired NetSuite for $9.3 billion back in 2016, and a recently approved shareholder lawsuit accuses company executives of breaching their duties in approving the deal, Reuters reported Monday. What Happened Oracle co-founder Larry Ellison happened to be...
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What Does Wall Street Have To Say About Oracle's Earnings Report?
Sunday, September 17, 2017 - 10:29am | 883Wall Street analysts can't reach a consensus on how investors should react to Oracle Corporation (NYSE: ORCL)'s stock after the company released its fiscal first quarter earnings results. Oppenheimer: Good Results, Not So Good Outlook Oracle's earnings report was "good" as a...
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The Core Reasons To Buy Oracle Haven't Changed
Friday, September 15, 2017 - 10:25am | 393Despite a more than 5 percent decline in Oracle Corporation (NYSE: ORCL)'s stock in reaction to its earnings report, the longer-term bullish case for owning the stock remains unchanged, according to analysts at Bank of America. The firm's Kash Rangan maintains a Buy rating on Oracle's...
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Why Oracle Expects 2018 To Be The Cloud Sales 'Tipping Point'
Friday, June 23, 2017 - 9:40am | 435Argus analyst Joseph Bonner upgraded Oracle Corporation (NYSE: ORCL) to Buy with a $61 price target following strong fourth-quarter 2017 earning results Wednesday. The company’s non-GAAP diluted EPS rose 10 percent year-over-year to $0.89 and revenue rose 3 percent to $10.95 billion, both...
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Why Tonight's Biggest Earnings Releases Have Macro Implications
Thursday, December 15, 2016 - 2:34pm | 371Oracle Corporation (NYSE: ORCL) and Adobe Systems Incorporated (NASDAQ: ADBE) will report their quarterly numbers Thursday after market, and Wunderlich expects the prints to have macro implications given reported weakness in deal activity. Macro Influence “Overall, the key focus from a macro...
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Earnings Preview: Oracle's Overall Fundamentals Remain Healthy
Tuesday, December 13, 2016 - 9:45am | 390Oracle Corporation (NYSE: ORCL) is scheduled to report its fiscal year 2017 second-quarter results on December 15 after market close. D.A. Davidson’s Jack Andrews maintains a Buy rating on the company, with a price target of $52. Fundamentals Remain Healthy Andrews believes Oracle’s...
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Markets Little Changed In Low Volume And Slow News Ahead Of Long Weekend
Wednesday, August 27, 2014 - 5:17pm | 2425U.S. stocks were little changed with the S&P 500 closing for the second straight day above the 2,000 mark. Markets were on track for a flat open and volume and volatility remained relatively light throughout the trading session as geopolitical events remain in focus. Israel and Gaza have...
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Markets Sell-Off After Malaysian Airline Crash In Ukraine
Thursday, July 17, 2014 - 4:50pm | 3179U.S. stocks sold off after news reports began to surface that a Malaysian Airlines jet has crashed in Ukraine. While details have yet to be confirmed, a Ukraine minister claimed that the plane, which carried nearly 300 people, was shot down by rebels. Also not helping the market sentiment...
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Sources: Box Now Planning July Or August IPO
Friday, June 20, 2014 - 9:39am | 679Cloud storage company Box will arrive late to its own IPO party, but it will arrive. At least that’s according to sources who spoke with Re/Code Thursday. In addition, those same sources said the company was not for sale. Period. According to the sources, Box hopes to complete its initial...
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Oracle Earnings Preview: Modest Revenue and EPS Growth Expected (ORCL)
Tuesday, September 17, 2013 - 3:56pm | 768Oracle (NASDAQ: ORCL), which holds its 2013 OpenWorld conference in San Francisco next week, is scheduled to report its fiscal first-quarter results Wednesday, September 18, after the markets close. Investors will be looking for some good news after two consecutive quarters of lackluster sales,...
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Red Hat And Other Software Stocks That May Beat Revenue Estimates (RHT)
Thursday, August 22, 2013 - 1:28pm | 861Analysts at Lazard believe software makers Citrix Systems (NASDAQ: CTXS), NetSuite (NYSE: N) and Red Hat (NYSE: RHT) are well positioned to benefit from strong government spending in the current quarter and possibly to the end of the year. That should help them exceed consensus revenue estimates...
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Oracle CEO Says Startling Announcements Next Week (ORCL)
Friday, June 21, 2013 - 10:08am | 565It all started Thursday when Oracle (NASDAQ: ORCL) CEO, Larry Ellison, told Wall Street analysts, during the company's quarterly conference call that there would be a series of big announcements next week. According to the conference call, Ellison said, "Next week we will be announcing...
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IBM's Cloudy Dreams Become Clear with DemandTec Acquisition
Thursday, December 8, 2011 - 11:39am | 829For nearly half a billion, IBM is slated to add a cloud-based analytics company to its portfolio. This news comes after SAP AG (NYSE: SAP) announced its plans to acquire a cloud computing firm of its own, SuccessFactors (NYSE: SFSF), prompting my colleague to write about data centers, which he...
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Benchmark Reiterates Rating on NetSuite
Friday, July 29, 2011 - 7:37am | 79Benchmark has published a report on NetSuite reiterating the rating on the business software producer. In the report, Benchmark wrote, "NetSuite met our $0.02 EPS estimate and delivered 2Q11 total revenue above our number, growing recurring revenue 21% y/y. There was little concern on the quarter...