|Bid||47.26 x 1800|
|Ask||47.70 x 4000|
|Day's Range||47.35 - 48.24|
|52 Week Range||42.57 - 53.48|
|Beta (3Y Monthly)||1.10|
|PE Ratio (TTM)||50.20|
|Earnings Date||Dec 12, 2018 - Dec 17, 2018|
|Forward Dividend & Yield||0.76 (1.59%)|
|1y Target Est||53.10|
VC Daily: 2018 Set for M&A Bonanza; A16z Wades Into Public Market Good day. A record-setting year for mergers and acquisitions is taking shape even as valuations get ever loftier. Today we look at what is behind the bonanza, and how sustainable it is.
Earlier this year, the Department of Defense announced a winner-take-all competition in order to select a cloud computing company to host its sensitive information. Some of the initial contenders included ...
CHARLOTTE, N.C., Oct. 18, 2018 -- Velocity Technology Solutions, the global leader in enterprise workload cloud managed services and creator of Velocity Cloud Application.
REDWOOD SHORES, Calif., Oct. 18, 2018 /PRNewswire/ -- Oracle Retail has combined three cloud services into a new Oracle Retail Insights Cloud Service Suite. Oracle Retail customers including Gap Inc., Lojas Renner and Al Nahdi have already experienced the benefits of Oracle Retail Insights and Science solutions and continue to inform their strategic decisions with in-depth insights and science-enabled analytics.
LONDON, Oct. 18 2018 /PRNewswire/ -- SUITECONNECT — Compassion in World Farming, a global charity committed to improving the welfare of farm animals, is rolling out Oracle NetSuite to support its goal of providing everyone with healthy food that doesn't involve cruelty, doesn't involve suffering and doesn't destroy the planet. With NetSuite, Compassion has a unified and flexible business platform to standardise operations in seven countries and support its rapid global expansion. Established in the 1960s by UK dairy farmer Peter Roberts, Compassion has grown from a back room protest into a powerful global movement that has improved conditions for more than one billion animals in seven countries.
LONDON, Oct. 18, 2018 /PRNewswire/ -- SUITECONNECT -- Fast-growing buy-to-let mortgage lender Landbay has chosen Oracle NetSuite to support its goal of creating a more accessible buy-to-let mortgage marketplace for investors, borrowers and brokers. With NetSuite, Landbay will be able to attract more users to its platform by accelerating decision-making so that it can process loan applications ten times faster than other lenders. Founded in 2014, Landbay offers landlords more competitively priced buy-to-let mortgages and individual investors direct access to the lucrative mortgage-lending market.
LONDON, Oct. 18, 2018 /PRNewswire/ -- SuiteConnect -- Oracle NetSuite today announced a series of new innovations to help organisations in Europe drive growth, reduce costs and quickly and easily achieve the benefits of cloud computing. The latest innovations within the NetSuite platform include new SuiteSuccess vertical industry cloud solutions and financial management capabilities that are designed to help organisations in Europe increase business efficiency, adapt to change and achieve faster time to value.
German software company SAP reported a 41 percent jump in cloud revenues in the third quarter as its business transformation gathers pace, enabling management to raise guidance for revenues and profits this year. Europe's most valuable tech company is ramping up sales and installations of its cloud-based S/4HANA business suite, which is superseding its mainstay Business Suite enterprise software that is sold under licence and runs at on-site servers. "The future has never been brighter at SAP - we're fired up and ready to go," CEO Bill McDermott told journalists on a conference call, highlighting a full fourth-quarter order book.
REDWOOD SHORES, Calif., Oct. 17, 2018 /PRNewswire/ -- On Wednesday, November 14, 2018 , Oracle (NYSE: ORCL) will hold its Annual Meeting of Stockholders at 10:00 a.m. PT in the Oracle Conference Center, ...
Bezos portrayed the choice two ways — as a patriotic duty as well as a duty to act like the adults in the room, contrasting starkly with Silicon Valley tech companies that have walked away from lucrative programs.
Oracle (ORCL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
REDWOOD SHORES, Calif., Oct. 17, 2018 /PRNewswire/ -- Oracle today announced that it has entered into an agreement to acquire goBalto, which delivers leading cloud solutions to accelerate clinical trials by streamlining and automating the selection and set up of the best performing clinical research sites to conduct trials.
Shares of Workday Inc. are up 1.9% in premarket trading Wednesday after Bernstein analyst Mark Moerdler upgraded the stock to outperform from market perform. "We have determined that even if the [enterprise resource planning] market moves reasonably slowly to the cloud, it is large enough and the fact there are only a few vendors with a competitive SaaS [software-as-a-service] solution should allow Workday to continue to gain share," Moerdler wrote. He calculates that Workday could still expand its subscription revenue by 24% to 36% a year through 2022 even if the company doesn't pick up share from Oracle Corp. or SAP SE . Moerdler also sees room for the company to grow its margins. Workday shares are up 25% over the past 12 months, while the S&P 500 has gained 10%.
Investing.com - IBM (NYSE:IBM) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that fell short of forecasts.
REDWOOD SHORES, Calif., Oct. 16, 2018 /PRNewswire/ -- To support and empower the developer community, Oracle Code One will take place alongside Oracle OpenWorld on October 22 to 25 at Moscone West in San Francisco. Oracle Code One will cover a wide range of topics from AI, blockchain, digital assistants and containers to Java and more languages such as Go, Rust and Python. Oracle Code One features daily keynotes at 5:00 PM in Moscone North's Hall D. In the Java technical keynote on Monday, October 22, Georges Saab, Vice President of Development at Oracle, will share Java SE updates from the last twelve months including recent enhancements made in the latest Java 11 release.
Honorees in the Americas include Austin Industries, Burns & McDonnell, Colorado High Performance Transportation Enterprise and Valley Metro REDWOOD SHORES, Calif., Oct. 16, 2018 /PRNewswire/ -- Oracle ...
REDWOOD SHORES, Calif., Oct. 16, 2018 /PRNewswire/ -- Cities across the country have selected Oracle Service Cloud to rethink traditional 311 services and provide the best possible citizen experience. The City of San Jose is the nation's 10th largest city, with approximately one million residents. To support its goal of becoming America's most innovative city by 2020, The City of San Jose selected Oracle Service Cloud to launch a new 311 service that could help make it safer, more inclusive, sustainable and user-friendly.
FireEye’s (FEYE) gradual shift towards a subscription-based business model continues to act as a key catalyst for the company’s ARR (annual recurring revenue) growth. In the last five quarters, the cyber-security firm has witnessed strong growth in ARR driven by higher adoption of its intelligence-based cyber-security products. Its strategic alliance with leading cloud operators like Microsoft (MSFT) and Oracle (ORCL) could drive its subscription-based plan globally.
Paul Allen was the man who originally convinced Bill Gates to drop out of Harvard and found Microsoft Corp. ( MSFT). Allen left Microsoft in 1983 due to Hodgkins Lymphoma, but remained on the board until 2000.
NVIDIA's (NVDA) continued product launches in the computing segment, as well as increasing demand for its AI-driven graphics chips and technologies, are expected to aid the company.
Oracle positioned in both reports as a Leader based on completeness of vision and ability to execute REDWOOD SHORES, Calif., Oct. 15, 2018 /PRNewswire/ -- Oracle today announced that it has been named ...
REDWOOD SHORES, Calif., Oct. 15, 2018 /PRNewswire/ -- Consumer households supported by Oracle Utilities Opower Energy Efficiency programs have reached more than 20-terawatt hours (TWh) in cumulative energy savings. Learn what else 20 TWh in energy savings can power here. Until relatively recently, however, they lacked the ability to effectively manage their energy usage to lessen both their environmental footprint and monthly costs.
Multinational Franchise Operator Selects Cloud Suite to Arm Associates with New Tools to Personalize Customer Experience REDWOOD SHORES, Calif., Oct. 15, 2018 /PRNewswire/ -- A leading Middle East retail ...
REDWOOD SHORES, Calif., Oct. 15, 2018 /PRNewswire/ -- Chegg, Inc., the Smarter Way to Student™, has deployed Oracle Monetization Cloud to enable innovative digital subscription services. Chegg's student-first, interconnected learning platform is transforming the way millions of students learn by reconnecting the link between learning and earning through tools and services that support students throughout their educational journey. With Oracle Monetization Cloud, Chegg is able to offer students cross-product discounts, bundled services, free trials, and other pricing incentives to increase value to their student subscribers.