• Mon, Jan. 9, 12:17 PM
    • Analyst Brent Thill considers sentiment and estimates on Oracle at low points and views shares as poised to move nearer to firm's $45 target (current price $39.43) as the company moves all-in on cloud, has yet to realize multiple expansion related to EPS estimates inflection, and EPS and free cash flow stabilize amid cloud revenue trajectory improvement.
    • Rates Oracle (ORCL +2.3%) at Buy.
    Mon, Jan. 9, 12:17 PM | 4 Comments
  • Wed, Jan. 4, 2:14 PM
    Wed, Jan. 4, 2:14 PM | 25 Comments
  • Tue, Jan. 3, 6:45 AM
    Tue, Jan. 3, 6:45 AM | 11 Comments
  • Dec. 16, 2016, 10:57 AM
    Dec. 16, 2016, 10:57 AM
  • Dec. 15, 2016, 4:34 PM
    • Results – revenue $9.07B (+0.8% Y/Y, $50M below estimates), EPS $0.61 ($0.01 above estimates), operating income $3.8B, operating margin 42%, net income $2.6B, short-term deferred revenue $7.4B (+6% Y/Y), operating cash flow on trailing twelve-month basis $14.2B (+9% Y/Y)
    • Segment revenues – Cloud software as a service and platform as a service $878M (+81% Y/Y), Cloud infrastructure as a service $175M (+6% Y/Y), Total cloud $1.053B (+62% Y/Y), New software licenses $1.347B (-20% Y/Y), Software license updates and product support $4.777B (+2% Y/Y), Total on-premise software $6.124B (-4% Y/Y), Total cloud and on-premise software $7.177B (+2% Y/Y), Hardware products $497M (-13% Y/Y), Hardware support $517M (-6% Y/Y), Total hardware $1.014B (-10% Y/Y), Total services $844M (-2% Y/Y)
    • Oracle chairman (NASDAQ:ORCL) and CTO Larry Ellison and co-CEOs Mark Hurd and Safra Catz each single out Salesforce (NYSE:CRM) in their respective quarterly report commentaries, strongly emphasizing Oracle's SaaS and PaaS growth rates relative to the competitor.
    • Conference call
    • Press release
    Dec. 15, 2016, 4:34 PM | 14 Comments
  • Dec. 15, 2016, 4:02 PM
    • Oracle (NASDAQ:ORCL): FQ2 EPS of $0.61 beats by $0.01.
    • Revenue of $9.07B (+0.8% Y/Y) misses by $50M.
    • Press Release
    Dec. 15, 2016, 4:02 PM | 6 Comments
  • Dec. 15, 2016, 3:23 PM
    Dec. 15, 2016, 3:23 PM | 4 Comments
  • Dec. 15, 2016, 12:53 PM
    • Noting discussion took place on the following topics – job creation for U.S. workers, removal of barriers preventing U.S. companies from doing business in other countries, U.S.-China trade dynamic and market access, tax cuts and repatriation of U.S. profits held overseas, bettering of physical and digital infrastructure, intellectual property rights protection, cybersecurity improvements, updates to government software systems, technology in schools, a need for greater vocational education opportunities, bureaucracy reduction and increased accountability in the government procurement process.
    • Private sector players in attendance included Tim Cook (NASDAQ:AAPL), Jeff Bezos (NASDAQ:AMZN), Elon Musk (NASDAQ:TSLA), Satya Nadella (NASDAQ:MSFT), Larry Page and Eric Schmidt (GOOG, GOOGL), Sheryl Sandberg (NASDAQ:FB), Ginni Rometty (NYSE:IBM), Brian Krzanich (NASDAQ:INTC), Safra Catz (NASDAQ:ORCL), Chuck Robbins (NASDAQ:CSCO), Alex Karp (Private:PALAN) and others.
    • Suggestion for reconvening of similar meetings, prospectively on a quarterly basis, was furthermore offered.
    • Full readout
    Dec. 15, 2016, 12:53 PM | 665 Comments
  • Dec. 13, 2016, 5:35 PM
  • Dec. 11, 2016, 8:42 AM
    • President-elect Donald Trump sent invites to key tech leaders last week, according to Recode, for a high-profile roundtable discussion this Wednesday at Trump Tower.
    • Among the Silicon Valley leadership that will reportedly be attending: Tim Cook (NASDAQ:AAPL), Larry Page and Eric Schmidt (GOOG, GOOGL), Sheryl Sandberg (NASDAQ:FB), Jeff Bezos (NASDAQ:AMZN), Satya Nadella (NASDAQ:MSFT), Chuck Robbins (NASDAQ:CSCO), Ginni Rometty (NYSE:IBM), Brian Krzanich (NASDAQ:INTC) and Safra Catz (NASDAQ:ORCL).
    • "If he can reform the tax code, reduce regulation and negotiate better trade deals, the U.S. technology industry will be stronger and more competitive than ever," said Catz in a statement.
    Dec. 11, 2016, 8:42 AM | 314 Comments
  • Dec. 1, 2016, 10:55 AM
    • Notable early (2%+ losses): Alphabet (GOOGL -2.25%GOOG-2%) Facebook (FB -3.4%), Twitter (TWTR -3.9%), Oracle (ORCL -3.3%), Salesforce (CRM -4.2%), VMware (VMW -3.5%), Alibaba (BABA -2.7%)
    • 5%+: Qualcomm (QCOM -4.9%), Nvidia (NVDA -7%), Advanced Micro Devices (AMD -7.1%), Micron Technology (MU -5.5%)
    • 8%+: Cirrus Logic (CRUS -8.8%), Gigamon (GIMO -9.5%)
    Dec. 1, 2016, 10:55 AM | 138 Comments
  • Nov. 21, 2016, 8:16 AM
    • Oracle (NASDAQ:ORCL) acquires cloud and DNS specialist Dyn for an undisclosed amount.
    • Dyn is focused on monitoring and optimizing Internet  applications and cloud services for more than 3,500 enterprise customers, including major brands such as Netflix, Twitter and Pfizer.
    • "Dyn's immensely scalable and global DNS is a critical core component and a natural extension to our cloud computing platform," says Oracle exec Thomas Kurian
    • Source: Press Release
    Nov. 21, 2016, 8:16 AM | 10 Comments
  • Nov. 7, 2016, 12:40 PM
    • Subsequent the company's (N) $109 per share, cash merger with Oracle (ORCL +2%effective today. With doubt cast over the deal prior to formal disclosure late Friday that tender conditions were to be met, NetSuite shares had been trading around an unconvinced $94 level, though are consequently now to a halted $108.99.
    • Additional SEC forms filed today – SC 14D9/ASC TO-T/ASC 13E3/A
    Nov. 7, 2016, 12:40 PM | 2 Comments
  • Nov. 5, 2016, 4:19 AM
    • To be finalized Monday, November 7.
    • Approximately 21.775M (20.4M required) unaffiliated shares tendered, representing 53.21% of total unaffiliated share count. Overall shares tendered amount to 62.3M, or 76.39% of total issued and outstanding shares.
    • Press release
    Nov. 5, 2016, 4:19 AM | 22 Comments
  • Nov. 4, 2016, 5:51 PM
    • Shares in NetSuite (NYSE:N) were volatile all day, though have at present moved 4% upward to $94 in extended trade.
    • A form 4 SEC filing has additionally come through today with T. Rowe Price, NetSuite's largest unaffiliated shareholder, unloading 47K shares at a $89.27 level, bringing overall ownership to 14.34M.
    • Minimum tender conditions relating to the deal call for 20.4M of 40.8M total unaffiliated shares.
    • T. Rowe Price has voiced support for a buyout at $133 per share while Oracle's (NASDAQ:ORCL) kept firm at $109.
    • The potential merger, set to terminate by end of day, remains on watch until anything conclusive is announced.
    Nov. 4, 2016, 5:51 PM | 18 Comments
  • Nov. 3, 2016, 3:01 PM
    • To $92.89. Oracle's (ORCL +0.6%) offer for NetSuite (NYSE:N) at $109 per share is set to expire tomorrow should minimum tender conditions (20.4M out of 40.8M total unaffiliated shares) not be met beforehand.
    • Latest SEC filings (November 2) – 3SC 13DSC 14D9
    Nov. 3, 2016, 3:01 PM | 14 Comments