UBS Reiterates Buy on Oracle (ORCL) Following 4Q Earnings Report

Drexel Hamilton Reiterates Buy on Oracle (ORCL) Following 4Q Beat

June 17, 2016 9:32 AM EDT

Drexel Hamilton reiterated a Buy rating and $51.00 price target on Oracle (NYSE: ORCL) following the company's 4Q earnings report. ORCL reported non-GAAP sales of $10.6 billion, which beat the Street's estimate of $10.46 billion. Pro forma EPS of $0.81 slightly missed the consensus EPS projection of $0.82.... More

Wedbush Raises price Target on Oracle (ORCL) Following 4Q Report

June 17, 2016 8:25 AM EDT

Wedbush reiterated a Neutral rating on Oracle (NYSE: ORCL), and raised the price target to $41.00 (from $40.00), following the company's 4Q earnings report. ORCL reported revenue at $10.60B, which was about $130M above consensus estimates. EPS of $0.81 was just in line with consensus due to... More

Wall St. ends week on down note as Apple weighs

June 17, 2016 7:42 AM EDT

By Lewis Krauskopf

(Reuters) - Wall Street ended lower on Friday as Apple dragged down major indexes and investors girded for Britain's vote next week on its European Union membership.

For the week, the three indexes each posted declines of at least 1 percent, with the Nasdaq falling nearly 2 percent.

The possibility that Britain will vote to leave the EU on June 23 has been rattling global markets. U.S. stock markets could see heavy trading and increased volatility as investors position for next week's referendum.

"I dont think were going to escape this until... More

Jefferies Reiterates Buy on Oracle (ORCL) Following a Better-Than-Feared 4Q

June 17, 2016 7:39 AM EDT

Jefferies maintained a Buy rating and $50.00 price target on Oracle (NYSE: ORCL) following the company's 4Q earnings report. Non-GAAP EPS of $0.81 on total revenue of $10.594B, compared to consensus of $0.82, and $10.463B, respectively.

Analyst John DiFucci commented, "ORCL reported F4Q... More

Oracle (ORCL) EPS Coming Out of the Trough -Bernstein

June 17, 2016 6:57 AM EDT

Oracle (NYSE: ORCL) announced Q4 FY16 results after the market closed yesterday, beating on revenue but EPS missed by 1 cent as SaaS/PaaS revenue growth accelerated and cloud margins expanded while new license software revenue continued to decline due to cannibalization from... More

BTIG Impressed by Oracle's (ORCL) Q4 Results, Outlook; Affirms at 'Buy'

June 17, 2016 6:30 AM EDT

BTIG affirms Oracle (NYSE: ORCL) with a Buy rating and $44 price target following the company's FQ416 results reported Thursday night.

Analyst Joel Fishbein... More

Oracle (ORCL) volatility flat into beating on revenues and EPS guidance tops view

June 17, 2016 6:30 AM EDT

Oracle (NYSE: ORCL) is recently up 20c to $38.64 in the premarket on Q4 EPS meeting expectations, revenues beating expectations and Q1 EPS guidance tops views. June call option implied volatility is at 115, July is at 31; compared to its 52-week range of 16 to 39 into the expected release of Q4 on June 16.

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After-Hours Stock Movers 06/16: (RDEN) (PRTK) (FNSR) (SWHC) Higher; (RARE) (ERIC) Lower (more...)

June 16, 2016 6:08 PM EDT

Today's After-Hours Movers

Elizabeth Arden, Inc. (Nasdaq: RDEN) 49.9% HIGHER; Revlon, Inc. (NYSE: REV) and Elizabeth Arden, Inc. (Nasdaq: RDEN) announced that they have signed a definitive agreement under which Revlon will acquire all of the outstanding shares of Elizabeth Arden for $14.00 per share in cash, representing an enterprise value for Elizabeth Arden of approximately $870 million.

Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK) 26.8% HIGHER; announces that the Phase 3 registration study... More

Oracle (ORCL) Q1 EPS Guidance Tops Views

June 16, 2016 5:17 PM EDT

Oracle (NYSE: ORCL) Sees Q1 EPS of $0.56-$0.60 vs consensus of $0.59. Revenue is seen up 2%-5%.

... More

Oracle (ORCL) Declares $0.15 Quarterly Dividend; 1.5% Yield

June 16, 2016 4:03 PM EDT

Oracle (NYSE: ORCL) declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on July 27, 2016, to stockholders of record on July 6, 2016, with an ex-dividend date of July 1, 2016.

The annual yield on the dividend is 1.5 percent.

For a... More

Oracle (ORCL) Misses Q4 EPS by 1c; Boosts SaaS, PaaS Revenue Growth Outlook

June 16, 2016 4:01 PM EDT

(Updated - June 16, 2016 4:03 PM EDT)

Oracle (NYSE: ORCL) reported Q4 EPS of $0.81, $0.01 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $10.6 billion versus the consensus estimate of $10.47 billion.

Revenues were $8.4 billion, flat in U.S. dollars and... More

Options expected movement into quarterly results and outlook

June 16, 2016 3:24 PM EDT

Smith & Wesson (NASDAQ: SWHC) June 22 straddle priced for 8.3% movement into Q4
Oracle (NASDAQ: ORCL) June 39 straddle priced for 4.5% movement into Q4

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Options expected movement into quarterly results and outlook

June 15, 2016 3:41 PM EDT

Jabil Circuit (NYSE: JBL) June 19 straddle priced for 8% movement into Q3
Kroger (NYSE: KR) June 36 straddle priced for 5.8% movement into Q1
Smith & Wesson (NASDAQ: SWHC) June 22 straddle priced for 8.3% movement into Q4
Oracle (NASDAQ: ORCL) June 39 straddle priced for 4.5% movement into Q4

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Trading Radar for 6/16: Oracle (ORCL), Rite Aid (RAD), Kroger (KR), Smith & Wesson (SWHC) Report

June 15, 2016 2:31 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

CPI - Street sees 0.3%Core CPI - Street sees 0.2%Initial Claims - Street sees 269kContinuing Claims - no Street... More

Oracle (ORCL) Weak Setup Buy Stock is Cheap - UBS

June 15, 2016 7:53 AM EDT

Shares of Oracle (NYSE: ORCL) are +6% YTD and have outperformed NASDAQ's -3%, though giving back low-double digit gains since F3Q on CRM's AWS tie-up and negative press from a pending whistleblower suit, where set-up into F4Q results appears... More

Oracle (ORCL) June volatility elevated into Q4 and outlook

June 15, 2016 6:59 AM EDT

Oracle (NYSE: ORCL) June call option implied volatility is at 69, July is at 28; compared to its 52-week range of 16 to 39 into the expected release of Q4 on June 16.

... More