oracle posts
FeedPosted Sep 24th 2009 2:40PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, Microsoft (MSFT), Oracle Corp (ORCL), Red Hat Inc (RHT), Technology
Red Hat (NYSE: RHT), a software business whose colleagues include Microsoft (NASDAQ: MSFT) and Oracle (NASDAQ: ORCL), reported Q2 numbers yesterday after the bell. Today, shares are up quite spectacularly. What's driving all the buying interest?
Well, the results were worthy of praise. Net sales increased 12%. Subscriptions were higher by 15%. Adjusted income, including the elimination of a tax benefit from the total, was 16 cents per share. According to Earnings.com, the market was looking for 15 cents per share. So, we've got the typical beat-by-a-proverbial-penny situation on our hands. I'd rather it be more than a penny, but I'll take it.
Continue reading Red Hat up big on Q2 numbers -- should you take profits?
Posted Sep 19th 2009 2:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Microsoft (MSFT), Adobe Systems (ADBE), Best Buy (BBY), Kroger Co (KR), FedEx Corp (FDX), Fortune Brands (FO), Oracle Corp (ORCL)
Continue reading Earnings highlights: Adobe, Best Buy, FedEx, Kroger, Monsanto, Oracle, Palm ...
Posted Sep 13th 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Kroger Co (KR), FedEx Corp (FDX), Oracle Corp (ORCL)
Memphis-based package delivery giant FedEx Corp. (NYSE: FDX) is generally seen as an indicator of the state of commerce in the U.S. Last week, not only did the Fed's Beige Book report suggest that the economy had stabilized over the summer, with signs of recovery in some districts, But FedEx also boosted its earnings guidance due to stronger-than-expected volume in its international priority-delivery service. So a question going in to FedEx's fiscal first-quarter report this week is whether the company is still a bellwether.
For the three months that ended in August, when FedEx opened distribution hubs in Chicago and Toledo and declared a quarterly dividend, analysts surveyed by Thomson Reuters are looking for it to report that earnings fell 60.2% from a year ago to $0.49 per share. That's also down 23.4% from the previous quarter, as well as less than the recently updated outlook. First quarter revenue is expected to be down 18.3% from a year ago to $8.2 billion.
Continue reading The week in preview: Is FedEx still a bellwether?
Posted Jun 27th 2009 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Walgreen Co (WAG), Bed Bath and Beyond (BBBY), Kroger Co (KR), ConAgra Foods (CAG), Darden Restaurants (DRI), NIKE, Inc'B' (NKE), KB HOME (KBH), Lennar Corp'A' (LEN), Oracle Corp (ORCL), Red Hat Inc (RHT), CKE Restaurants (CKR), Rite Aid Corp (RAD), Potash Corp. of Saskatchewan (POT)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Nike, Oracle, Kroger, Walgreen, Monsanto, KB Home ...
Posted Jun 21st 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Forecasts, Walgreen Co (WAG), Darden Restaurants (DRI), NIKE, Inc'B' (NKE), KB HOME (KBH), Oracle Corp (ORCL), Economic data
Continue reading The week in preview: End-of-quarter earnings expectations: Nike, Oracle, Walgreen ...
Posted Mar 22nd 2009 2:10PM by Tom Taulli (RSS feed)
Filed under: Hewlett-Packard (HPQ), International Business Machines (IBM), Sun Microsystems (JAVA), Oracle Corp (ORCL)
Over the years, Oracle's (NASDAQ: ORCL) CEO, Larry Ellison, has bulked up his company through aggressive M&A deals. Simply put, he thought there was too much capacity -- and valuations were affordable. Well, it looks like other mega tech companies are seeing the merits of this strategy. In fact, according to Reuters, it appears that this could be a big year for tech M&A.
And, there is certainly enough buying power, such as from companies like Cisco Systems (NASDAQ: CSCO), IBM (NYSE: IBM) and Hewlett-Packard (NYSE: HPQ). Already, the deal-making is revving up. For example, IBM is in the process of paying a hefty all-cash premium for Sun Microsystems (NASDAQ: JAVA). There was also Cisco's $590 purchase of Pure Digital Technologies last week.
Continue reading Is this the year of the tech deal?
Posted Mar 21st 2009 3:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Blockbuster Inc 'A' (BBI), Adobe Systems (ADBE), Best Buy (BBY), Darden Restaurants (DRI), FedEx Corp (FDX), General Mills (GIS), Xerox Corp (XRX), NIKE, Inc'B' (NKE), Oracle Corp (ORCL), Palm Inc (PALM)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: FedEx, Nike, Oracle, General Mills, Palm, Adobe and more
Posted Mar 19th 2009 10:10AM by Tom Taulli (RSS feed)
Filed under: Major movement, Earnings reports, Oracle Corp (ORCL)
For the most part, Corporate America is slashing its dividends, or eliminating them, but Oracle (NASDAQ: ORCL) actually announced it will pay a quarterly dividend.
True, it's a small one, at 5 cents per share, but hey, it's a nice perk for investors.
It's also a sign of strength for Oracle's business. In tough times, the fact remains that organizations still need mission critical software.
Continue reading Oracle pumps out a dividend
Posted Mar 7th 2009 10:30AM by Ted Allrich (RSS feed)
Filed under: Coca-Cola (KO), Exxon Mobil (XOM), International Business Machines (IBM), Johnson and Johnson (JNJ), NIKE, Inc'B' (NKE), Oracle Corp (ORCL), Comfort Zone Investing, Recession
Ted Allrich is the founder of The Online Investor and author of the book: Comfort Zone Investing: Build Wealth And Sleep Well At Night. In this weekly column, he'll offer advice to investors who are just getting started.
Notice the title does not say "Safe Havens." Nothing is safe in the stock market. There are always risks with every stock. Being big doesn't mean safe. Look at WaMu, Fannie Mae, Countrywide, Freddie Mac. Very big. Very gone. And good financial statements don't always mean safe. Remember MCI. Bernie Ebbers cooked the books until they were overdone. Now he sits and tries to come up with new recipes. Only there aren't many opportunities in jail.
Continue reading Comfort Zone Investing: Six tranquil havens in a stormy market
Posted Dec 24th 2008 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Google (GOOG), Microsoft (MSFT), Apple Inc (AAPL), Dell (DELL), eBay (EBAY), Amazon.com (AMZN), Berkshire Hathaway (BRK.A), Sears Holdings (SHLD), Amer Intl Group (AIG), Oracle Corp (ORCL), News Corp'B' (NWS), Blackstone Group L.P (BX)
This post is part of our feature on Money Losers of 2008. See all 20.
There's no doubt about it -- times are tough. People are struggling to find work and to pay the bills as the value of their homes and savings dwindle. The poor get poorer, and the rich get richer.
Or do they? It's all relative, of course, but world's billionaires have been taking some big hits too. We take a look at Sheldon Adelson, Kirk Kerkorian, and Lakshmi Mittal in their own separate posts, but here are some other billionaires who have lost billions this year (courtesy of Forbes and Business Sheet).
- Brothers Anil and Mukesh Ambani of India's private conglomerate Reliance lost $32.5 billion and $28.2 billion, respectively.
- Warren Buffett, the Sage of Omaha, lost $16.5 billion. Shares of Berkshire Hathaway Inc. (NYSE: BRK.A) are down about 32% since the beginning of the year.
- Microsoft (NYSE: MSFT) founders Bill Gates and Paul Allen lost $12.3 billion and $2.6 billion, respectively, while CEO Steve Balmer lost $6.5 billion. Shares of Microsoft are down 46% since the beginning of the year.
- Larry Page and Sergey Brin, cofounders of Google Inc. (NYSE: GOOG), lost $11.9 billion and $11.7 billion, respectively, and CEO Eric Schmidt lost $3.8 billion. The share price of Google has fallen 55% since the beginning of the year.
- Larry Ellison, CEO of Oracle Corp. (NASDAQ: ORCL), lost $8.2 billion. Shares of Oracle are down 21% since the beginning of the year.
- Media maven Sumner Redstone lost $7.2 billion. Shares of his private investment firm National Amusements fell 70% this year.
Continue reading Money losers of 2008: Billionaires who lost billions this year
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