-
Still Some Earnings To Comb Through With Oracle, Toll Brothers, Lululemon This Week
Monday, December 7, 2020 - 11:12am | 1926Read More...For the first time in five weeks, investors face a Monday lacking any fresh vaccine developments. Without that—at least not yet—the market may have to find other reasons to justify rallying. So far it hasn’t. Stocks are in the red thanks in part to another rough weekend of...
-
Does An Oracle-Splunk Merger Make Sense? Wall Street Split
Friday, June 12, 2015 - 12:28pm | 247Read More...Among unconfirmed market chatter of a Splunk Inc (NASDAQ: SPLK) acquisition by Oracle Corporation (NYSE: ORCL), Wall Street has responded. Splunk is sitting at a market cap of $8.81 billion and was trading up around 1.5 percent on Friday morning. Benzinga spoke with two analysts about the...
-
Alibaba Group Holding Ltd And Oracle Corporation: A Tale Of Two Technology Stocks
Friday, September 26, 2014 - 11:06am | 727Read More...An incredible amount of attention has been lavished upon Alibaba Group Holding Ltd (NYSE: BABA) as the company became public in one of the most hyped IPOs in history. Growing Fast, But Pricey Alibaba, already very profitable, fast growing and having a stranglehold on the burgeoning Chinese E...
-
Oracle CEO Says Startling Announcements Next Week (ORCL)
Friday, June 21, 2013 - 10:08am | 565Read More...It 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...
-
Google Again Under Attack by Microsoft and Others
Tuesday, April 9, 2013 - 1:56pm | 554Read More...Microsoft (NASDAQ: MSFT), Nokia (NYSE: NOK), Oracle (NASDAQ: ORCL) and 14 other companies have filed a complaint against Google (NASDAQ: GOOG) for what they claim are violations of European antitrust law. The companies, calling themselves “FairSearch,” according to The Associated Press, called...
-
Wells Fargo Morning Summary (BLC, CAG, KEY, STI, ACN, GIB, ORCL, FITB, PNC, RIMM, PAYX)
Friday, March 25, 2011 - 10:19am | 164Read More...Wells Fargo is initiating coverage on Belo Corp. (NYSE: BLC) with an Outperform rating. It is raising estimates on ConAgra Foods (NYSE: CAG), KeyCorp (NYSE: KEY), SunTrust Banks (NYSE: STI), Accenture (NYSE: ACN), CGI Group (NYSE: GIB) and Oracle (NASDAQ: ORCL). It is lowering estimates on Fifth...
-
Morgan Stanley Reports Beat for Oracle Corp.
Friday, December 17, 2010 - 10:56am | 111Read More...Morgan Stanley is out with its report on Oracle NASDAQ: ORCL) after ORCL reported a 2Q EPS beat. In a note to clients, Morgan Stanley writes, "Margin improvements in the Sun biz and continued tight expense control, drove op. margins to 44%, 330 bps ahead of cons., and drove EPS of $0.51, $0.05...
-
Morgan Keegan Raises Estimates on Oracle Corp.
Friday, December 17, 2010 - 9:46am | 103Read More...Morgan Keegan published its report today on Oracle Corp. (NASDAQ: ORCL) raising its estimates on ORCL. In its report to clients, Morgan Keegan writes, "We are raising our Q311, FY11, and FY12 estimates to reflect the better-than-expected performance in Q211. More specifically, we are raising our...
-
Morgan Keegan Raises PT For Oracle Corp.
Tuesday, August 31, 2010 - 8:41am | 110Read More...Oracle Corporation (NASDAQ: ORCL) is having a new $28 price target introduced by Morgan Keegan, representing the upper end of the company's fair value range. Morgan Keegan's updated valuation is based on FY11 EPS estimates of $1.85 and a P/E multiple of 15x. Though the economic environment is...
-
Mercury Computer Systems (MRCY) Sets 52 Week High
Wednesday, January 27, 2010 - 4:03pm | 159Read More...On a day that saw many tech stocks falling, the shares of Mercury Computer Systems Inc. (NASDAQ: MRCY) have jumped more than 10%. Investors received good news when Boenning & Scattergood analysts maintained their Outperform rating for the company, which designs, manufactures and markets high-...
-
European Commission Approves Oracle's Acquisition of Sun Microsystems
Thursday, January 21, 2010 - 7:42am | 137Read More...Oracle Corp. (Nasdaq: ORCL) announced on Thursday that it has received unconditional regulatory approval from the European Commission to proceed with its acquisition of Sun Microsystems Inc. (Nasdaq: JAVA). Critics of the planned merger have now pinned their hopes on Russian and Chinese regulators...
