- Oracle Trading Significantly Lower Following Earnings/Guidance Results Late Yesterday Oracle (ORCL $25.43 -3.74) is trading significantly lower following its earnings/guidance results that were released after the close yesterday. (MSN Money)
- Oracle (ORCL) reported fiscal second quarter earnings after the close of trading yesterday. Profits totaled $2.2 billion, or $0.43 per share, compared to $1.9 billion, or $0.37 per share, in last year's second quarter. (Forbes)
- Macquarie maintains an Outperform on Oracle (NASDAQ: ORCL), PT lowered from $36 to $32. Macquarie analyst said, Oracle reported disappointing F2Q results last night, falling shy of both consensus estimates and guidance on every relevant metric. (StreetInsider.com)
- Delphi Financial Group, Inc. (DFG: News ) is jumping 73 percent to $43.93 as the company agreed to be acquired by Japanese property and casualty insurer Tokio Marine Holdings, Inc. (TKOMY.PK, TKOMF.PK) for $2.7 billion in cash. (RTT News)
- Dragging the Nasdaq lower, Oracle Corp (ORCL.O) slumped 14.1 percent to $25.06. The worlds No. 3 software maker posted earnings late Tuesday that fell short of Wall Street forecasts for the first time in a decade. (Reuters)
- Nomura Securities maintains a Buy on SAP AG (NYSE: SAP) price target EUR50. Nomura analyst, Rick Sherlund, said, Oracle (Nasdaq: ORCL) reported disappointing second (Nov) fiscal quarter results Tuesday evening, below consensus expectations across the board. (StreetInsider.com)
- Oracle (NASDAQ: ORCL) and other tech stocks were higher Tuesday ahead of the companys earnings report, which is scheduled for after the market closes today. Analysts currently expect the company to report EPS of 57 cents on revenues of $9. (Market Intelligence Center)
- AMR Corp (NYSE:AMR), ORACLE CORP (NASDAQ:ORCL), ABOT MINING CO (OTC:ABOT), CHAODA MODERN AGRICULTURE (OTC:CMGHF), FLEET MANAGEMENT SOLUTIONS (OTC:FLMG), Amwest Imaging Inc (OTCBB:AMWI). (TMCnet)
- Oracle's (NASDAQ:ORCL) shares fell $3.79, or 13%, to $25.35 in the wake of the company's Tuesday results. For its fiscal second quarter, Oracle earned $2.2 billion, or 43 cents a share, on revenue of $8. (Marketwatch)
Wednesday, December 21, 2011
Orcl
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