Goldman Sachs Remains Calm as Oracle (ORCL) Faces Skeptical Market
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Evercore Partners Downgrades Oracle (ORCL) to Equal Weight
March 21, 2013 7:17 AM EDTEvercore Partners downgraded Oracle (NASDAQ: ORCL) from Overweight to Equal Weight with a price target of $36.00 (from $38.00).
For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.
Shares of Oracle closed at $35.77 yesterday, with a 52 week range of $25.33-$36.43.... More
Credit Agricole Downgrades Oracle (ORCL) from Outperfrom to Underperform
March 21, 2013 7:14 AM EDTCredit Agricole downgraded Oracle (NASDAQ: ORCL) from Outperform to Underperform with a price target of $35.00 (from $38.00).
For an analyst ratings summary and ratings history on Oracle click here. For more ratings news on Oracle click here.
Shares of Oracle closed at $35.77 yesterday, with a 52 week range of $25.33-$36.43.... More
UPDATE: Oracle (ORCL) Guides Q4 EPS In-Line, Sales Well Below
March 20, 2013 5:15 PM EDT(Updated - March 20, 2013 5:16 PM EDT)
Oracle Corp (NASDAQ: ORCL) sees Q4 EPS $0.85-$0.91, versus the consensus of $0.88. Sees Q4 revenues down 1% to up 4%, versus the estimate of up 5%.
Shares are now down 7%.... More
Oracle (ORCL) Peers on Watch Following Q3 Flub
March 20, 2013 5:00 PM EDTOracle (NYSE: ORCL) peers are on watch after company flubbed Q3 results, with a miss on both the top and the bottom line. Weakness was noted in the companys hardware segment and with its new Fusion software. Oracle's main competitors are SAP AG (NYSE:... More