49.44 +0.01 (0.02%)
After hours: 7:05PM EDT
|Bid||0.00 x 900|
|Ask||0.00 x 29200|
|Day's Range||48.66 - 49.54|
|52 Week Range||42.57 - 53.48|
|PE Ratio (TTM)||54.92|
|Earnings Date||Dec 12, 2018 - Dec 17, 2018|
|Forward Dividend & Yield||0.76 (1.54%)|
|1y Target Est||53.07|
Law Offices of Howard G. Smith reminds investors of the October 9, 2018 deadline to file a lead plaintiff motion in the class action filed on behalf of investors that purchased Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) securities between May 10, 2017, and March 19, 2018, inclusive (the “Class Period”). Investors suffering losses on their Oracle investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to firstname.lastname@example.org. The complaint filed in this class action alleges that the Company made false and misleading statements to the market regarding the Company’s sales practices.
NEW YORK, NY / ACCESSWIRE / September 19, 2018 / Pomerantz LLP is investigating claims on behalf of investors of Oracle Corporation ("Oracle" or the "Company") (ORCL). Such investors are advised to contact Robert S. Willoughby at email@example.com or 888-476-6529, ext. 9980. Following this disclosure, analysts connected Oracle's poor financial performance to improper sales practice, observing that the Company had relied on coercive practices to conceal the lack of real demand for its cloud products.
Enterprise Software giant Oracle (ORCL) announced its fiscal 2019 first-quarter results on Monday, September 17. Oracle was able to boost its revenue but missed analyst estimates. The company generated revenue of $9.19 billion, a 1% increase from the same quarter last year. Wall Street was expecting revenues of $9.24 billion.
Box (BOX) and Oracle NetSuite (ORCL) today announced that Box has extended its integration with NetSuite to make it even easier for organizations to work faster, more collaboratively and securely with their connected content across both systems. The enhanced integration brings seamless and secured content collaboration powered by Box, directly into the NetSuite platform.
Cloud services company Oracle (ORCL) easily topped earnings estimates in the fiscal 2019 first quarter. The company posted adjusted earnings of $0.71 per share, which exceeded Wall Street expectations of $0.69 per share and the year-ago earnings of $0.61 per share. Excluding currency headwinds, profits grew 19% YoY.
Revenues grew only 1% year-over-year (or YoY) in the quarter and were up 2% on a constant currency basis. In comparison, Oracle’s peer Microsoft (MSFT) beat its revenue estimates of $29.23 billion for the fiscal fourth quarter of 2018 and reported revenues of $30.1 billion. During the first quarter, revenue from Oracle’s cloud services and license support along with on-premise and cloud licenses came in at $7.5 billion, up 2% YoY.
Accenture (ACN) has raised its free cash flow projection for fiscal 2018 from $5.2 billion–$5.5 billion to $5.5 billion–$5.8 billion. From the graph above, you can see Accenture’s free cash flow trend in the last five years. During that period, it saw an increasing trend and maintained an annual run rate of $3.7 billion in free cash flow.
On September 17, software and cloud services giant Oracle (ORCL) reported mixed results for its fiscal 2019 first quarter, which ended on August 31. Oracle managed to beat Wall Street expectations on earnings but missed revenue estimates in the quarter, which led to a decline in its stock price.
REDWOOD SHORES, Calif., Sept. 19, 2018 /PRNewswire/ -- Central State University has selected Oracle Student Management to help increase degree attainment and open educational opportunity to all students. Part of the Oracle Student Cloud suite, the technology will empower Central State to better reach, enroll, and ensure the success of students in its upcoming Distance Learning Program.
Oracle Retail named as a Leader in Gartner's Magic Quadrant Analysis of Retail Assortment Management Applications REDWOOD SHORES, Calif., Sept. 19, 2018 /PRNewswire/ -- Oracle Retail has introduced a ...
Delta Dental of California, Mount Sinai Health System, and University of Wisconsin Health migrate critical business operations to Oracle Cloud Applications REDWOOD CITY, Calif. , Sept. 19, 2018 /PRNewswire/ ...
IBM’s (IBM) enterprise cloud remains an integral aspect that drives its Watson AI business. The higher adoption of IBM cloud in many enterprises has helped the technology giant make its product easily available to clients. Many hospitals and laboratories can quickly gain access to the vast amount of clinical data, which could help them better diagnose their patients.
Oracle’s otherwise disappointing fiscal first-quarter results late Monday contained one nice surprise: The software giant poured a fortune into share repurchases. Oracle has used its healthy free cash flow to boost buybacks over the past few quarters, which has helped offset the pressure of disappointing financial results as the legacy software maker slowly transitions to the cloud.
Bragar Eagel & Squire, P.C. reminds investors that class action lawsuits have been commenced on behalf of stockholders of Oracle Corporation, Pinduoduo Inc., and Nevro Corp. Stockholders have until the deadlines listed below to petition the court to serve as lead plaintiff. To learn more about the Oracle class action go to: https://bespc.com/oracle/.
Oracle Corporation (NYSE: ORCL ) reported Monday after the close with better-than-expected fiscal first-quarter earnings, while revenue fell short of estimates. The Analyst Barclays analyst Raimo Lenschow ...
Stocks that moved substantially or traded heavily on Tuesday: Oracle Corp., down 15 cents to $49.03 The business software company reported weaker sales than analysts expected. FedEx Corp., down $14.15 ...
Netflix and Union Pacific were early leaders Tuesday, and Tilray led a pot stock rally as stocks shrugged off the latest round of trade war news.
The stock market was modestly higher amid an exchange of tariffs between the U.S. and China. FedEx fell after its EPS report.
The U.S. will levy 10% tariffs on $200 billion worth of China-made goods, with tariffs rising to 25% by the end of 2018. China retaliated, saying it would impose $60 billion of tariffs on U.S. goods. ended slightly lower after cloud services revenue at the software giant came in below forecasts.
Apple (NASDAQ:AAPL) hasn’t been trading that well lately, but that’s what happens when a $1 trillion market cap stock gets bid up into a big event. After a lower high, Apple broke below its 20-day moving average. Interestingly, NFLX stock has put in a series of higher highs (purple arrows) as well as lower lows (blue arrows).
Ryan McQueeney recaps earnings results from Oracle and FedEx, discusses Trump's new tariff announcement, and explains why Facebook and Macy's have teamed up. Later, the host is joined by Dave Bartosiak to chat about Nio, the so-called Tesla of China.