Oracle (ORCL) Reports In-Line Q2 EPS
- Shares jump on tech boost; fragile yen on intervention watch
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- Boeing reports first revenue drop in 7 quarters as deliveries decline
- Oil prices steady after rallying on US stock decline, business data
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- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
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- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
Goldman Sachs Comments on Oracle's (ORCL) Q2 , Target Raised to $47
December 18, 2014 11:27 AM ESTGoldman Sachs maintained a Buy rating on Oracle (NYSE: ORCL) and raised its price target to $47.00 (from $46.00). The change follows Q2 results.
Analyst Heather Bellini said, "Revenue outperformance vs. the Street was due to slight upside in the Software & Cloud segment (76% of sales) and better hardware sales. Software & Cloud... More
Oracle (ORCL) Bookings Inflecting Up in the Cloud, Nomura's Sherlund Says; PT to $49
December 18, 2014 9:35 AM ESTNomura Securities analyst Rick Sherlund reiterated a Buy rating and bumped his price target on Oracle (NYSE: ORCL) to $49.00 (from $46.00) following solid Q2 results, noting booking are inflecting up in the cloud.
Sherlund commented, "Oracle reported a bit better-than-expected results on a... More
Oracle (ORCL) Posts First Top-Line Beat in a Year, Wedbush Notes; PT to $42
December 18, 2014 7:39 AM ESTWedbush analyst Steve Koenig raised his price target on Oracle (NYSE: ORCL) to $42.00 (from $38.00) following Q2 results but maintained Neutral rating. Koenig said cloud results are getting better.
"We are seeing signs that ORCL's sales capacity additions are becoming more productive, the 12c product cycle is poised to... More
Oracle (ORCL) Sees Q3 adj.-EPS of $0.73 - $0.78, Est. at $0.73
December 17, 2014 5:22 PM ESTOracle (NYSE: ORCL) sees Q3 adjusted EPS of $0.73 - $0.78, versus consensus estimates of $0.73.
... MoreOracle (ORCL) Declares $0.12 Quarterly Dividend; 1.2% Yield
December 17, 2014 4:04 PM ESTOracle (NYSE: ORCL) declared a quarterly dividend of $0.12 per share, or $0.48 annualized.
The dividend will be payable on January 28, 2015, to stockholders of record on January 7, 2015, with an ex-dividend date of January 5, 2015.
The annual yield on the dividend is 1.2 percent.
For a... More
Oracle (ORCL) Sees Selling Pressure into Q2 Report; Analysts See Flat Y/Y Growth
December 17, 2014 12:30 PM ESTOracle (NYSE: ORCL) is positive in early afternoon trading Wednesday heading into the company's FQ215 report, which is expected out after markets close.
The Street is looking for EPS of $0.69 with revenue of $9.53 billion, from EPS of $0.69 and rvs of $9.28... More