Oracle Corporation
40.940.01 (0.02%)
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Prev Close40.93
Bid40.98 x 800
Ask40.99 x 3700
52wk Range33.13 - 42.00
Day's Range40.82 - 41.40
Avg Vol (3m)13,738,206
As of 10:32 AM EDT. NYSE Real Time Price. Market open.
  • San Jose Mercury News9 minutes ago

    Oracle buying cloud pioneer NetSuite for $9.3 billion

    Oracle is buying NetSuite for $9.3 billion, spending big to boost its position in the battle for the cloud. The Redwood City software giant competes with companies such as Salesforce, Workday, The ...

  • Barrons.com16 minutes ago

    NetSuite Surges 18% on Oracle Takeover: Really Pricey Deal, Says Street

    Oracle’s CEO Mark Hurd, one of two CEOs along with Safra Catz, said the company’s cloud apps are “complementary, and will co-exist in the marketplace forever." The deal is expected to close this year and will be accretive to Oracle’s earnings on a non-GAAP basis “immediately,” said Catz. Ross MacMillan of RBC, who has an Outperform rating on NetSuite, writes the deal valuation is high, relative to recent deals: "The $109 price for N is ~8.5x NTM EV/Sales vs average of 6.2x NTM EV/Sales for the deals done this year. Another one, he suggests, is The  Sage Group PLC (SGE), listed on the London Stock Exchange.