Daily Stocks News » ORCL

Major Movers on June 21; ZNGA, ORCL, KMX, DRI, THRX

Warren Paige — Fri, 21 Jun 2013 18:51:31 +0000

Shares of Zynga Inc. (NASDAQ: ZNGA) plunged about 4.65% by afternoon trade. Morgan Stanley’s analyst Scott Devitt downgraded the social game maker’s stock to “underweight” from “overweight”. The research reports said that the popularity of its titles such as “FarmVille” “Poker” was fading fast as the competition was rising, adding that Zynga still relies far [...]

Major Movers on March 21; ORCL, GES, LULU, YHOO, KBH

Warren Paige — Thu, 21 Mar 2013 13:50:25 +0000

Shares of Oracle Corporation (NASDAQ: ORCL) were hammered in premarket trading. The enterprise software handed lower-than-expected fiscal third quarter earnings and revenue, late last evening.

Revenue across all divisions except software segment declined.

For the quarter ended February 28, Oracle reported adjusted or non-GAAP earnings of 65 cents a share up from 62 cents [...]

Oracle to Acquire Acme Packet (ORCL, APKT)

Warren Paige — Mon, 04 Feb 2013 17:42:49 +0000

Oracle Corporation (NASDAQ: ORCL) announced on Monday that it has agreed to acquire Acme Packet Inc. (NASDAQ: APKT) in deal estimated at $2.1 billion.

The move is expected to allow Oracle compete with more vigor against Cisco Systems Inc. (NASDAQ: CSCO) in handling data securely through internet networks. Oracle’s spectacular revenue growth in the [...]

Major Movers on February 4; APKT, ORCL, BRO, HLF, DECK

Warren Paige — Mon, 04 Feb 2013 16:33:05 +0000

Shares of Acme Packet Inc. (NASDAQ: APKT), a provider of session delivery network solutions, are seeing a huge rally in trading today after the company agreed to be acquired by Oracle Corp. (NASDAQ: ORCL). Under the terms of the agreement, Oracle will acquire APKT for $29.25 per share in cash.

The transaction would enable [...]

Oracle Shares Rise Sharply on Q2 Results (ORCL)

Warren Paige — Wed, 19 Dec 2012 15:27:07 +0000

Shares of Oracle Corporation (NASDAQ: ORCL), a provider of enterprise software and computer hardware products and services, are up sharply in trading today after the company reported better-than-expected second-quarter results.

For the second quarter of fiscal 2013, ORCL reported total revenue of $9.1 billion, up 3% over the same period in the previous year. [...]

Oracle Reports Q1 Financial Results (ORCL)

Warren Paige — Fri, 21 Sep 2012 17:28:03 +0000

California-based Computer Software Giant, Oracle Corp. (NASDAQ: ORCL) reported results for the first quarter of 2013 ended Aug 31, 2012.

Net sales decreased by 2% to $8181 million from that of $8374 million in Aug 2011. Operating profit increased by 7% to $2879 million from that of $2683 million. Net income increased by 11% [...]

IBM to Acquire Kenexa (IBM, KNXA)

Warren Paige — Tue, 28 Aug 2012 08:23:09 +0000

With an aim to expand its reach in online software application segment, tech giant, International Business Machines Corp. (NYSE: IBM) has announced plans to acquire its smaller rival Kenexa Corp. (NYSE: KNXA) in an all cash deal estimated at $1.3 billion, representing a 42% premium over Friday’s closing price of Kenexa’s stock.

Although Kenexa [...]

Oracle Corp. Shares Rise on Q4 Results (ORCL)

Warren Paige — Wed, 20 Jun 2012 08:01:40 +0000

Oracle Corporation (NASDAQ: ORCL) shares rose sharply in trading on Tuesday after the business-software giant reported better-than-expected adjusted earnings for the fourth quarter. ORCL released its financial results late Monday, three days earlier than planned.

ORCL posted an 8% gain in earnings, with adjusted earnings coming ahead of Street estimates. The company’s software-licensing revenue [...]