|Bid||51.810 x 3000|
|Ask||51.820 x 1100|
|Day's Range||50.970 - 51.900|
|52 Week Range||42.570 - 53.480|
|PE Ratio (TTM)||57.49|
|Earnings Date||Dec 12, 2018 - Dec 17, 2018|
|Forward Dividend & Yield||0.76 (1.49%)|
|1y Target Est||53.00|
JDK 11 first Long Term Support release under new six-month cadence REDWOOD SHORES, Calif., Sept. 25, 2018 /PRNewswire/ -- Continuing its commitment to deliver a regular cadence of Java innovations and ...
SAN MATEO, Calif., Sept. 25, 2018 /PRNewswire/ -- To help banking institutions keep pace with evolving business and customer demands, Oracle NetSuite today announced NetSuite Banking as a Service. A unique open banking approach, NetSuite Banking as a Service strengthens bank-to-customer relationships and helps banks create new business models and revenue streams with end-to-end business process automation that is fast, reliable and provides strong security controls. With innovative fintech providers reshaping the financial services industry, banks need to rethink traditional business processes to adapt to a new era of banking.
Oracle (ORCL) reported a non-GAAP operating margin of 41% in the first quarter of fiscal 2019, which was flat YoY (year-over-year). Despite its declining revenue growth, Oracle was successful in maintaining its operating margin above 40% in the last five quarters. In the graph below, you can see its non-GAAP operating margin trends in the last five quarters.
Oracle (ORCL), the leading database management provider, continues to streamline its cloud business by combining its SaaS (Software as a Service) and PaaS (Platform as a Service) revenues with its on-premise business. In the reported quarter, ERP (Enterprise Resource Planning), which includes HCM (human capital management) and fusion ERP, gained 30% YoY (year-over-year). In the same quarter, both PaaS and IaaS (Infrastructure as a Service) revenue increased ~20% YoY.
Oracle Autonomous Data Science Cloud Service recognized as a leader in notebook-based predictive analytics and machine learning by independent report REDWOOD SHORES, Calif., Sept. 25, 2018 /PRNewswire/ ...
Marillyn Hewitt, president and CEO of aerospace giant Lockheed Martin, tops the list of Fortune magazine’s 50 most powerful women for 2018.
New content creation, sales tools and auditing capabilities help marketers increase efficiency and creativity REDWOOD SHORES, Calif., Sept. 25, 2018 /PRNewswire/ -- To help marketers accelerate lead ...
REDWOOD SHORES, Calif., Sept. 25, 2018 /PRNewswire/ -- Open banking is one of the most critical trends driving change in the U.S. and international banking community. It represents the move from closed to open financial systems where data is shared with third parties through the use of Application Programming Interfaces (APIs). Oracle Financial Services commissioned an industry outlook report from MIT Technology Review Insights that examines how banks are responding to regulatory changes, market shifts and business model changes as a result of open banking.
REDWOOD SHORES, Calif., Sept. 25, 2018 /PRNewswire/ -- As enterprise networks grow, so does the challenge of effectively managing them a new Oracle Communications survey found. In the "Enterprise Networks in Transition: Taming the Chaos" report, IT and telecom leaders noted that security, fraud, and increased complexity resulting from channel proliferation are amongst their top concerns. Sixty-six percent of respondents represented companies with at least 11 locations and 62 percent managed operations in multiple countries.
Oracle (ORCL) continues to strike deals with large clients. In July, it entered into an agreement with telecommunications operator CenturyLink to combine its Cloud Connect Solutions with Oracle’s FastConnect service to improve subscriber experience. In August, MTO Global selected Oracle’s blockchain cloud service.
LOS ANGELES, CA / ACCESSWIRE / September 24, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Oracle Corporation ("Oracle" or "the Company") (NYSE: ORCL) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between May 10, 2017, and March 19, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before October 9, 2018.
second developer conference of the year is a little different than the first one, but is still jam-packed with announcements. Whereas the software giant's Build conference, which was held in early May this year, caters to Microsoft developers in general, its Ignite conference, which kicked off on Monday in Orlando, is more focused on enterprise developers and IT pros.
Oracle (ORCL) continues to boost its ERP (enterprise resource planning) product portfolio, mostly through acquisitions and launching new products. In April, it bought SparklineData, which offers smart data warehouse solutions. That month, it also acquired Vocado, a cloud-based financial aid solutions provider.
Oracle’s (ORCL) international revenue, which is comprised of the Asia-Pacific and EMEA (Europe, the Middle East, and Africa) regions, seems to be under some pressure, particularly due to the strengthening of the US dollar against a basket of other currencies. Revenues from both regions made up ~43% of its overall business. Oracle has reported strong revenue in both the Asia-Pacific and EMEA regions and has sustained its double-digit revenue growth in the last three quarters.
While they are a usually controversial subject, stock buybacks have nonetheless made a huge impact this year. According to a CNBC report last month, companies will likely purchase $1 trillion worth of their own equity. Understandably, this trend has Wall Street considering the pros and cons.
Oracle (ORCL) continues to witness strong growth in EPS. It reported non-GAAP EPS of $0.71 in the first quarter of fiscal 2019, an increase of 14.5% YoY (year-over-year). However, on a constant currency basis, it improved 19.1% YoY.
Let's drill down into the charts and indicators this morning to see what strategy makes sense for the balance of the year for Oracle, which also earns a mention from Jim Cramer in his opener this morning. In this daily bar chart of ORCL, below, we can a large sideways trading range the past 12 months.
The law firm of Lieff Cabraser Heimann & Bernstein, LLP remind investors of the upcoming deadline to move for appointment as lead plaintiff in the class action litigation that has been filed on behalf of investors who purchased or otherwise acquired the publicly traded securities of Oracle Corporation (“Oracle” or the “Company”) (ORCL) between May 10, 2017 and March 19, 2018, inclusive (the “Class Period”). If you purchased or otherwise acquired Oracle’s publicly traded securities during the Class Period, you may move the Court for appointment as lead plaintiff by no later than October 9, 2018.
REDWOOD SHORES, Calif., Sept. 24, 2018 /PRNewswire/ -- Pharmaceutical companies share significant concerns over their ability to bring more drugs to market faster due to clinical data challenges. A new global study, commissioned by Oracle Health Sciences and conducted by Pharma Intelligence, revealed that 57 percent of the clinical researchers surveyed believe that their clinical data issues result in trial delays. In addition to trial delays, 81 percent of respondents cited data governance issues as the biggest challenge in meeting regulatory compliance.
Conversational AI is a technology that "could be as important to the enterprise as websites are today." See why Artificial Solutions' Chief Strategy Officer says this is a field investors need to know about.
NEW YORK, NY / ACCESSWIRE / September 21, 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.
NEW YORK, NY / ACCESSWIRE / September 21, 2018 / Wall Street closed up on Thursday as upbeat economic data and strong corporate earnings helped buoy equities. Unemployment dropped by 3000 to a seasonally ...