Continue reading U.S. Q4 2007 GDP rises at 0.6% annual rate, up 2.2% for 2007

U.S. Q4 2007 GDP rises at 0.6% annual rate, up 2.2% for 2007 originally appeared on BloggingStocks on Thu, 28 Feb 2008 10:50:00 EST. Please see our terms for use of feeds.

Since its upside surprise when it reported last quarter, enterprise software giant Oracle Corp. (NASDAQ: ORCL) has continued with its philosophy of growth through acquisition by acquiring LODESTAR Corp., which supplies software solutions to utilities, as well as product lifecycle management leader Agile Software Corp. (NASDAQ: AGIL). And the share price has been trending upward the past three months.

But it hasn't all been peaches and cream. Billionaire George Soros recently shifted his focus away from Oracle and some other tech stocks in favor of Microsoft Corp. (NASDAQ: MSFT). BloggingStocks contributor Georges Yared thinks Oracle's glory days, in terms of growth, may be behind it, and even that it may be a stock for suckers.

Oracle's rivalry with Germany-based SAP AG (NYSE: SAP) continues, of course, not only in the courtroom -- Oracle recently added copyright infringement to its theft charges against SAP -- but also into small and medium-sized companies, where some early indicators suggest Oracle may have the edge. Oddly enough, there has been speculation that Oracle may try to acquire SAP, unlikely though that may be, after it was rumored that Oracle has been purchasing SAP stock.

But Oracle remains part of the Fortune 500, and BloggingStocks contributor Brent Archer thinks the stock might be a bargain. One analyst upgraded Oracle just last week. According to Thomson Financial, Wall Street consensus rates ORCL a buy (12 strong buy, 11 buy, 12 hold). When Oracle reports earnings on June 26, analysts expect earnings per share for this quarter to come in at 35 cents, compared to 25 cents actual from last quarter, and 25 cents a year ago. Its market cap is $96.8 billion, and its P/E ratio is 18.95 (the industry average is 23.49). The consensus price target is $21.25; the 52-week low was $13.77 in July of 2006 and $19.95 last week. It closed Tuesday at $19.88.

Oracle Q4 2007 earnings preview: A bargain or a sucker's bet? originally appeared on BloggingStocks on Wed, 20 Jun 2007 08:30:00 EST. Please see our terms for use of feeds.

Analysts, shareholders (and would-be shareholders), and many others no doubt will be keeping on eye on Memphis-based FedEx Corp. (NYSE: FDX), the global leader in express transport and delivery, when it reports Q4 2007 earnings next Wednesday, June 20. Many consider FedEx to be a bellwether for the economy.

Since FedEx reported a mild Q3 back in March, the trend of its share price hasn't been especially impressive these past three months. Blame it on the economy, fuel costs, the weather, or stiff competition from rivals United Parcel Service (NYSE: UPS) and DHL, a Deutsche Post (LSE: DPO) company, but FedEx has struggled of late, as reflected perhaps in the BloggingStocks Battle of the Brands match-up: FedEx vs. UPS. Analysts' feelings are mixed on FedEx as well, and the company does still face such troubles as discrimination lawsuits.

But it's no accident that FedEx is within the Fortune 500's top ranks. It continues to expand, both domestically and internationally, and stands to benefit from impending increased air traffic between China and the United States. General Motors (NYSE: GM) recently declared FedEx its 2006 Supplier of the Year, and the FAA has given FedEx a vote of confidence as well. And in May, FedEx announced a 10% boost in its cash dividend, to ten cents per share. The Motley Fool thinks FedEx may be a bargain, as well.

According to Thomson Financial, the brokers' consensus on FedEx is buy (6 buy, 7 strong buy, 7 hold). Its P/E is 15.89 (compared to 11.96 industry average), and its market cap is $33.16 billion. When FedEx reports earnings next week, Wall Street is expecting revenue of $9.14 billion, or earnings per share of $1.89, compared to $1.82 actual last quarter, and $1.35 a year ago. Its price target is $124.42; the 52-week low was $97.79 in August 2006 and the high was $121.42 near the end of this past February. FedEx closed Wednesday at $108.82.

Will FedEx deliver on Q4 earnings? originally appeared on BloggingStocks on Thu, 14 Jun 2007 14:45:00 EST. Please see our terms for use of feeds.