After-hours movers: Oracle gains on eanings, Norwegian Cruise falls on downgrade

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Raytheon Technologies (RTX) rises on new $6bn share repurchase program

December 13, 2022 1:09 PM EST

Raytheon Technologies (NYSE: RTX) shares jumped at the start of Tuesday's session after the aerospace and defense company announced it has authorized a $6 billion share repurchase program.

The company said the new authorization replaces the company's previous program, which was approved last year on December 7, 2021.

Reacting to the news, Jefferies... More

Oracle (ORCL) PT Raised to $95 at BMO Capital

December 13, 2022 11:31 AM EST

BMO Capital analyst Keith Bachman raised the price target on Oracle (NYSE: ORCL) to $95.00 (from $90.00) while maintaining a Market Perform rating following earnings.

The analyst commented, "ORCL reported organic revenue growth of over 9% y/y CC, driven by strength in license and cloud... More