|Bid||47.99 x 3200|
|Ask||49.96 x 1400|
|Day's Range||48.66 - 49.17|
|52 Week Range||42.40 - 53.48|
|Beta (3Y Monthly)||0.95|
|PE Ratio (TTM)||48.84|
|Earnings Date||Mar 18, 2019 - Mar 22, 2019|
|Forward Dividend & Yield||0.76 (1.56%)|
|1y Target Est||52.40|
Oracle has allegedly withheld $400 million in wages from racially underrepresented workers (black, Latinx and Asian) as well as women, the U.S. Department of Labor's Office of Federal Contract Compliance Programs said in a filing today. The OFCCP is the office within the DOL that enforces equal pay and ensures government contractors comply with anti-discrimination regulation. In the OFCCP's second amended complaint today, the office alleges Oracle "impermissibly denies equal employment opportunity to non-Asian applicants for employment, strongly preferring a workforce that it can later underpay.
U.S. stock futures rose modestly on Wednesday, Jan. 23, while global stocks edged mostly lower with investors focused on the fate of U.S.-China trade talks and further signals of a slowing global economy that have blunted sentiment in equity markets around the world. Japan on Wednesday reported the biggest slump in exports in at least two years as sales to China, its most important trading partner, fell 7% in December. The global slowdown, which was articulated by cuts to growth forecasts from the International Monetary Fund earlier this week, was paired with reports of stalled progress in trade talks between Washington and Beijing.
MUNICH, Jan. 23, 2019 /PRNewswire/ -- MYCS, a Berlin-based start-up for customizable furniture, has quickly and easily expanded its business to France, Switzerland and the UK. Oracle NetSuite has enabled MYCS to take advantage of the cloud to gain a single view into key business metrics across its entire operations, streamline business processes and rapidly set up local operations in new markets. Established in 2014, MYCS provides a 3D online configurator that allows customers to adapt the size, material, colour and features of a piece of furniture to their own ideas.
U.S. government regulators are accusing software maker Oracle of engaging in discriminatory practices that resulted in thousands of its women, black and Asian employees being underpaid by more than $400 million.
In a new federal filing Tuesday, the Department of Labor claimed Oracle's alleged discriminatory practices cost women and minorities an estimated $400 million. The complaint alleges Oracle used discriminatory hiring and compensation practices and later destroyed evidence. The U.S. Labor Department accused Oracle ORCL of wage discrimination practices that cost female and minority employees $400 million, according to a new federal filing Tuesday.
# Oracle Corp ### NYSE:ORCL View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate ## Bearish sentiment Short interest | Positive Short interest is extremely low for ORCL with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ORCL. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding ORCL totaled $213 million. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Negative According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. ORCL credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
O.co, McAfee, Network Associates — now the Oakland Coliseum could carry the name of a fast-growing Peninsula communications technology company.
TORONTO , Jan. 17, 2019 /PRNewswire/ -- Oracle today announced the opening of a Toronto data center to support in region customer demand for Oracle's public cloud, Oracle Cloud Infrastructure. Oracle's next-generation cloud infrastructure offers the most flexibility in the public cloud, allowing companies to run traditional and cloud-native workloads on the same platform.
The StartX alumnus is looking for new space after its workforce more than doubled in the past year to 200 employees and is expected to hit between 300 and 400 in the next year.
David Kostin, chief U.S. equity strategist at Goldman Sachs, told CNBC where he would recommend investing amid ongoing economic and political uncertainty.
LONDON, Jan. 17, 2019 /PRNewswire/ -- Oracle OpenWorld -- Finance teams lack the digital skillset to embrace the latest advancements in artificial intelligence, causing a negative impact on revenue growth, according to a new study from the Association of International Certified Professional Accountants (the Association) and Oracle (ORCL). The study of more than 700 global finance leaders found that despite a clear correlation between the deployments of AI and revenue growth, 89 percent of organizations have not deployed AI in the finance function and only 10 percent of finance teams believe they have the skills to support the organization's digital ambitions.
The partial U.S. government shutdown is now into its fourth week, making it the longest-ever political standoff of its kind. While critical functions such as defense and mail delivery still are operating, other less-vital units have been mothballed, including several national parks and many Washington, D.C., monuments. A handful of agencies are somewhere in between, furloughing some nonessential workers while keeping essential ones at work to maintain the absolutely necessary aspects of their service. The ripple effect of the shutdown, however, has extended well beyond the circle of government employees and agencies. While government shutdowns typically don't hamper the stock market, a few publicly traded stocks and privately owned companies are starting to feel the pinch. These firms either provide contracted services and goods for the government, or cater to government employees who (for now) aren't receiving a paycheck. Here are seven companies that have been (or that analysts think could be) adversely impacted by the shutdown. ### SEE ALSO: 19 Best Stocks to Buy for 2019 (And 5 to Sell)