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Oracle Corporation (ORCL)

  • Dec. 18, 2012, 4:22 PM
    Oracle (ORCL): FQ2 EPS of $0.64 beats by $0.03. Revenue of $9.09B (+3% Y/Y) beats by $60M. Shares +1.4% AH. (PR)
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  • Dec. 18, 2012, 9:40 AM
    H-P (HPQ -0.6%) opens lower after Topeka's Brian White, best known for praising all things Apple, downgrades shares to Sell in response to their rally. H-P's product line issues, a weak IT spending environment, and Cisco and EMC's ambitions to become broader IT solutions providers are named as concerns. White also notes H-P's European exposure (EMEA was 36% of FQ4 sales), and says his firm believes "IT spending in the region has deteriorated further over the past few weeks." (yesterday)
  • Dec. 18, 2012, 7:58 AM
    Oracle (ORCL) is due to release its FQ2 results after the bell, with analysts expecting that EPS rose to $0.61 from $0.54 and that revenue edged up 2.5% to $9.03B, helped by a strong increase in software-license revenue. Pacific Crest Securities has "heard about more large deals than we have in the recent past," although JMP Securities says the "hardware business (Sun) in the U.S. may have again been light."
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  • Dec. 18, 2012, 12:10 AM
    Notable earnings after Tuesday’s close: ORCL
  • Dec. 17, 2012, 5:35 PM
    Notable earnings after Tuesday’s close: ORCL
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  • Dec. 13, 2012, 10:54 AM
    Oracle (ORCL) remains as acquisition-hungry as ever. Its latest target is DataRaker, developer of a "cloud-based analytics platform" (two buzzwords in there) for utilities trying to leverage big data (another buzzword) with the help of information from smart meters. IBM has also bet big on utility analytics, via its Smart Grid and IOC businesses. Separately, Oracle has announced an update to its RightNow cloud customer support platform, which competes with Salesforce's Service Cloud.
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  • Dec. 12, 2012, 11:17 AM
    Oracle (ORCL -0.6%) will beat Street estimates when it reports FQ2 results next Tuesday, says Credit Suisse. The firm cites healthy application license sales and strong growth for its high-end engineered systems (Exadata, Exalytics, etc.) - the latter would be a positive for Mellanox (MLNX). Oracle's engineered systems sales doubled Y/Y in FQ1, but total hardware sales still fell 19% as demand for storage gear and traditional Sun UNIX servers withered.
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  • Dec. 5, 2012, 2:26 PM
    BofA/Merrill has downgraded Tibco (TIBX -20.1%) to Neutral following its FQ4 warning, which has led shares to plunge to new 52-week lows. Piper sees the warning as another sign of "pervasively deteriorating conditions for on-premise software companies." The Street seems to agree a bit: QLIK -4.2%. INFA -5%. ORCL -1.8%. RHT -1.4%. CTXS -1.7%. Wedbush argues Tibco's long-term growth story is intact - Tibco noted in its warning demand for its Spotfire analytics platform remains strong.
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  • Dec. 4, 2012, 5:01 PM
    Tibco (TIBX) -14.7% AH after warning it expects to report FQ4 (ended Nov. 30) revenue of $292M-$295M and EPS of $0.37-$0.38, below a consensus of $316M and $0.44. Tibco blames a mix of soft government spending, Sandy-related deal delays, and poor execution in its infrastructure (i.e. middleware) business, particularly in the Americas. The FQ4 report arrives on Dec. 20. It could be a rough day for enterprise software stocks tomorrow: QLIK -3.7%. PRGS -1.4%. RHT -2.3%. INFA -1.1%. CTXS -1%. ORCL -0.9%. SAP -0.8%.
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  • Dec. 3, 2012, 4:55 PM
    Oracle Corporation (ORCL) announced acceleration of second, third and fourth quarter dividend totaling $0.18/share. For shareholders of record Dec. 14. Payable Dec. 21. Ex-div date Dec. 12. (PR)
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  • Dec. 3, 2012, 4:43 PM
    With the fiscal cliff (and a potential dividend tax hike) looming, Oracle (ORCL) has decided to accelerate the payment of its FQ2, FQ3, and FQ4 quarterly dividends. The payments, which total $0.18/share, will now be made on Dec. 21 to shareholders on record as of Dec. 14. Oracle's board won't be able to declare another dividend until Aug. 31, 2013, the end of its fiscal year. StreetInsider observes the move could save Larry Ellison $50M in tax payments.
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  • Nov. 19, 2012, 12:18 PM
    SAP (SAP +2.9%) is closing on its 52-week high after receiving an upgrade to Outperform from William Blair. The firm argues SAP is benefiting from acquisitions, new innovations, end-to-end product suites, and strong demand for its Hana in-memory database. SAP's sales growth has easily outpaced that of archrival Oracle (ORCL) in recent quarters.
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  • Nov. 16, 2012, 2:16 PM
    Gartner forecasts global enterprise IT spending will rise 2.5% next year to $2.68T. Investors should be aware these estimates get revised frequently - 4 months after hiking its 2012 IT spending growth forecast to 3%, Gartner claims 2012 will only see "scant overall growth" due to macro issues that have clearly pressured (I, II) many enterprise IT names. Decent IT spending growth from financial services, telecom, and media companies is expected to offset continued government weakness.
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  • Nov. 8, 2012, 9:37 AM
    Oracle (ORCL) is buying Instantis, a developer of on-premise (non-cloud) portfolio project management software. Instantis' software will be integrated with Oracle's Primavera and (cloud-based) Fusion project management.apps. In July, Oracle bought cloud project management firm Skire. Microsoft and SAP also compete in this space.
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  • Oct. 26, 2012, 4:26 PM
    Though Qlik (QLIK -7.7%) claimed macro issues are responsible for its Q3 miss and Q4 guidance, FBN's Shelby Seyrafi believes the company is seeing tougher competition from business intelligence software rivals Oracle, SAP,  IBM, and Tableau. Seyrafi notes the number of $100K+ deals signed by Qlik fell by nearly 20% for the second quarter in a row, albeit while granting $250K+ deals rose to 20 from 15. He adds Tableau "has greater focus (and momentum) in the Americas" (QLIK transcript)
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  • Oct. 20, 2012, 10:12 AM
    Where was this story 50% ago? Its cover showing a tombstone engraved "R.I.P. PC," Barron's says DELL and H-P (HPQ) will fade from view. Next up for trouble could be Microsoft (MSFT), seemingly cheap at 9X 2013 earnings, but which reported sales at its Windows unit off by a third Y/Y after backing out pre-sales for Windows 8. The world awaits the launch of Surface at midnight on Friday. More winners/losers here.
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Company Description
Oracle Corporation develops, manufactures, markets, hosts and supports database and middleware software, application software, cloud infrastructure, hardware system including computer server, storage and networking products and related services.
Sector: Technology
Country: United States