Jefferies Reiterates Hold Following Oracle (ORCL) F4Q Miss
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Oracle (ORCL) Bounces Off Lows
June 18, 2015 2:03 PM EDTOracle (NYSE: ORCL) bounced off lows Thursday afternoon, trading down by only 5% at $42.6. Earlier shares fell to as low as $40.97 in the wake of disappointing Q4 results.
Wedbush Cuts Price Target Following Oracle (ORCL) EPS Miss
June 18, 2015 8:33 AM EDTWedbush maintains a Neutral rating on Oracle (NYSE: ORCL), and cut the price target to $40.00 (from $42.00), following F4Q results. ORCL reported EPS of $0.78 compared to $0.86 consensus. ORCL guided EPS to $0.56-$0.59.
Analyst Steve Koenig commented, "ORCL missed consensus... More
Cantor Fitzgerald Remains Bullish Following Oracle (ORCL) F4Q15 Results
June 18, 2015 8:12 AM EDTCantor Fitzgerald reiterates a Buy rating and $48.00 price target on Oracle (NYSE: ORCL) following F4Q15 results. EPS of $0.78 fell short of consensus at $0.86. Oracle expects nonGAAP sales to be up 5-8% YoY in CC and pro forma EPS in CC to be $0.56-0.59.... More
After-Hours Stock Movers 06/17: (PIR) (BMRN) (JUNO) Higher; (RATE) (ONVO) (ORCL) Lower (more...)
June 17, 2015 5:59 PM EDTBankrate (NYSE: RATE) 15% LOWER; reported Q1 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $141.5 million versus the consensus estimate of $137.98 million. Bankrate also announced the results of the internal review conducted by the Audit Committee of the Bankrate Board of Directors and the restatement of its financial statements for fiscal years 2011, 2012 and 2013, the fiscal quarters within those years, and the fiscal quarters ended March 31, 2014 and June 30, 2014.
Market Wrap: Markets Rise Amid Fed Commentary; Microsoft Shuffles Management; Allergan Makes Big Biopharma Bid
June 17, 2015 5:25 PM EDTMarket wrap for June 17th
End of the Day: S&P 500 up 4.2 to 2,100.44; Dow Jones up 31.3 to 17,935.74; Nasdaq up 9.3 to 5,064.88
Market Brief: U.S. markets gained in afternoon trading after the Fed issued a statement from its FOMC meeting earlier on Tuesday and Wednesday.
Allergan made a $2.1 billion proposal to acquire KYTHERA Biopharma.
Microsoft shook-up its leadership, with former Nokia CEO Stephen Elop leaving the company. Microsoft also formed a new Windows and Devices Group (WDG). The Windows... More
Oracle (ORCL) Sees Q1 adj.-EPS of $0.56 - $0.59 in Constant Currency
June 17, 2015 5:20 PM EDTOracle is changing how it gives guidance and is dropping GAAP coverage. The company's forecast will be in constant currency.
Oracle sees Q1 adjusted EPS of $0.56 - $0.59, which may not compare with the consensus calling for EPS of $0.61. The company sees Q1 revenue growth of 5 - 8 percent.
... MoreOracle (ORCL) Declares $0.15 Quarterly Dividend; 1.3% Yield
June 17, 2015 4:49 PM EDTOracle (NYSE: ORCL) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.
The dividend will be payable on July 29, 2015, to stockholders of record on July 8, 2015, with an ex-dividend date of July 6, 2015.
The annual yield on the dividend is 1.3 percent.
For a... More
Oracle's (ORCL) Ellison Fires Shots at salesforce (CRM) with Q4 Report
June 17, 2015 4:28 PM EDTOracle (NYSE: ORCL) Executive Chairman and CTO Larry Ellison took a jab at salesforce.com (NYSE: CRM) on Wednesday afternoon.
With Oracle's Q4 release, Ellison... More
Oracle (ORCL) Misses Q4 EPS by 9c
June 17, 2015 4:00 PM EDTOracle (NYSE: ORCL) reported Q4 EPS of $0.78, $0.09 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $10.7 billion versus the consensus estimate of $10.95 billion.
"We sold an astonishing $426 million of new SaaS and PaaS annually recurring cloud subscription revenue in Q4," said Oracle CEO, Safra Catz. "We expect our rapidly increasing cloud sales to quickly translate into significantly more revenue and profits for Oracle Corporation. For example, SaaS and PaaS revenues grew at a 34% constant currency... More
Oracle (ORCL) Trades to Session Highs Ahead of Q4 Report
June 17, 2015 3:44 PM EDTOracle (NYSE: ORCL) is ramping to session highs ahead of the company's FQ415 report, which is expected ot after markets close Wednesday.
Consensus estimates cal for EPS of $0.87 with revenue of $10.95 billion, versus EPS of $0.92 and revenue of $11.3 billion reported... More
Trading Radar for 6/17: FedEx (FDX), Jabil Circuit (JBL), Pier 1 Imports(PIR), Bankrate (RATE) Report
June 16, 2015 2:21 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
7:00am EDT
Earnings:
