MKM Partners Remains Sidelined on Oracle (ORCL) Ahead of 4Q Release
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Wall Street retreats with oil prices after three-day rally
June 9, 2016 7:28 AM EDTBy Caroline Valetkevitch
(Reuters) - U.S. stocks retreated on Thursday after three days of gains as oil prices fell and global growth worries drove investors to safer assets like bonds.
Energy shares declined 0.5 percent as crude oil prices also snapped a three-day streak of gains, while the more defensive S&P utilities index rose 0.9 percent, leading sector gains.
"It was a cautious tone investors took, investing in utilities and other high-dividend stocks and selling some more volatile sectors and securities, like small caps," said Tim Ghriskey, chief investment officer of Solaris Group in... More
Exclusive: F5 Networks hires Goldman to field takeover interest - sources
June 7, 2016 4:36 PM EDTBy Liana B. Baker and Greg Roumeliotis
(Reuters) - F5 Networks Inc (NASDAQ: FFIV), a U.S. computer networking company whose technology helps speed up data center traffic, has hired investment bank Goldman Sachs Group Inc (NYSE: GS) following takeover approaches, people familiar with the matter said.
The approaches come as F5 seeks to roll out products with new security features and revitalize its growth, as smaller rivals that take advantage of advances in cloud computing make the networking services market ever more... More
Oracle (ORCL) said to have cloud capacity shortage - CRN
June 7, 2016 4:36 PM EDTOracle (NYSE: ORCL) said to have cloud capacity shortage, according to CRN.
... More