Oracle (ORCL) Attractive as Defensive Play in Tough Macro World

Go back to Oracle (ORCL) Attractive as Defensive Play in Tough Macro World

MKM Raises PT on Oracle (ORCL), Says Fiscal Cliff Immaterial to Year-End Sales

December 19, 2012 1:27 PM UTC

Following the release of Oracle's (NASDAQ: ORCL) Q2 earnings report yesterday, MKM Partners reiterated a Buy rating on the stock and raised its price target to $38.00 (from $36.00).

Analysts said Oracle's constructive outlook should set a positive tone for enterprise software stocks... More

Oracle (ORCL) Sees Q3 non-GAAP EPS $0.64-$0.68, Revs up 1-5%

December 18, 2012 5:11 PM UTC

Oracle Corp (NASDAQ: ORCL) sees Q3 non-GAAP EPS $0.64-$0.68, versus the consensus of $0.66. They see Q3 revs up 1-5%.... More

Oracle (ORCL) Exceeds Q2 Expectations on Strong Software Sales

December 18, 2012 4:31 PM UTC

Oracle (Nasdaq: ORCL) shares are ticking higher following second-quarter 2013 results showing strong profit growth on solid software sales.

Revs rose 3.4 percent to $9.09 billion, from $8.79 billion in the same period last year. Net income for Oracle improved 17.8 percent to $2.58 billion, or 53 cents per share. After adjusting for certain one-time items, earnings were 64 cents per share.
... More

Oracle (ORCL) Pops 2% on Q2 'Beat'

December 18, 2012 4:08 PM UTC

Oracle Corp (NASDAQ: ORCL) is trading up 2.25 percent after-hours Tuesday following better-than-expected second quarter results after the close. Peer SAP (NYSE: SAP) is also indicated higher.

Oracle reported Q2 EPS of $0.64, $0.03 better than the analyst estimate of $0.61.... More