June 19, 2018

Oracle Dips on Q1 Numbers

16 September 2017, 01:20 | Lionel James

Oracle Dips on Q1 Numbers

Larry Ellison keynoting Oracle Open World

This recommendation lands on a scale between 1 and 5. About 57.14 million shares traded or 418.98% up from the average. It is down 16.06% since September 15, 2016 and is downtrending. It has underperformed by 16.53% the S&P500. One of the big contributors to growth was its NetSuite business, which it acquired a year ago while Oracle's on-premises database software business was a continued drag. For the outlook of the current financial quarter, Analysts think the firm will post 0.61 earnings per share.

On 7/5/2017 Bruce R Chizen, Director, sold 206,250 with an average share price of $49.75 per share and the total transaction amounting to $10,260,937.50. The mean rating score for this stock is at 3.00. Apg Asset Mngmt Nv stated it has 9.23 million shares. Morgan Stanley maintained Oracle Corporation (NYSE:ORCL) on Friday, June 23 with "Equal Weight" rating. It has underperformed by 2.62% the S&P500.

Verizon Communications Inc. (VZ) exchanged hands at an unexpectedly low level of 11.8 million shares over the course of the day. As of quarter end Gwm Advisors LLC had acquired a total of 1,191 shares growing its stake by 17.2%. Therefore 73% are positive. The stock was sold at an average price of $48.86, for a total value of $183,225.00. Lockheed Martin Investment Management Co. boosted its stake in Oracle Corporation by 21.4% during the 1st quarter. Finally, Howe & Rusling Inc. lifted its holdings in shares of Oracle Corporation by 2.1% in the first quarter. The firm earned "Buy" rating on Monday, September 19 by Vertical Research. Citigroup maintained KeyCorp (NYSE:KEY) on Monday, August 22 with "Buy" rating. Jefferies maintained the shares of USG in report on Wednesday, July 27 with "Hold" rating. CL King downgraded USG Corporation (NYSE:USG) on Monday, July 24 to "Neutral" rating.'s article titled: "Flotek Industries, Inc". Flossbach Von Storch Ag accumulated 0.43% or 688,670 shares. The stock rose 3.79% or $0.13 reaching $3.56. Yhb Invest Advsr Inc accumulated 286,174 shares or 2.29% of the stock. The stock was trading at a distance of -0.17% from its 52-week highs and stands 40.35% away from its 52-week lows. Ahl Partners Limited Liability Partnership holds 160,749 shares.

Storm Aileen set to batter United Kingdom with powerful winds tonight
Strong gusts across England and Wales are expected on Tuesday night and Wednesday morning as autumnal weather sweeps in. Chilly winds coming down from the the Arctic region will bring a cool feel across the country, she added.

However, after adjustments to the earnings numbers, which is a common occurrence when their accountants add or remove one-time costs for depreciation, amortization and other items, earnings actually came in at $0.62 per share. Maryland Capital Management invested in 14,693 shares. Verition Fund Management Ltd Liability holds 0.09% of its portfolio in Oracle Corporation (NYSE:ORCL) for 26,745 shares.

Analysts await General Electric Company (NYSE:GE) to report earnings on October, 20 before the open. Oracle stock moved to levels that would have been all-time highs after revealing a first-quarter earnings beat Thursday afternoon, but shares dropped to a decline of about 5% when the company revealed its guidance on a conference call. GE's profit will be $4.33B for 12.07 P/E if the $0.50 EPS becomes a reality. Next quarter's EPS is expected be $0.74 with next year's EPS anticipated to be $3.19.

For the period ended August 31, Oracle reported revenue of $9.2 billion, up 7% from the year-ago quarter, with adjusted earnings of 62 cents, up 13%, and both beating the consensus estimate for the third straight quarter. It also reduced its holding in Scotts Miracle (NYSE:SMG) by 22,400 shares in the quarter, leaving it with 787,001 shares, and cut its stake in Pinnacle West Capital Corp (NYSE:PNW). Oracle Corporation (NYSE:ORCL) has risen 14.08% since September 14, 2016 and is uptrending. Peoples Fincl Corp invested in 24,688 shares. Stifel Nicolaus maintained Oracle Corporation (NYSE:ORCL) on Sunday, September 10 with "Buy" rating. Dekabank Deutsche Girozentrale holds 0.59% or 1.43M shares. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. The Michigan-based Chemical Bancorporation has invested 0.4% in Oracle Corporation (NYSE:ORCL). BTIG Research reiterated a "buy" rating and issued a $47.00 target price on shares of Oracle Corporation in a research note on Sunday, December 4th. Orrstown Fincl Ser holds 1,543 shares or 0.06% of its portfolio.

Other News

Trending Now

Wenger prefers top-four finish over Europa League glory
And ahead of the visit of Cologne, Iwobi stated that he is set to return to action for the Gunners. Arsenal have made a poor start to the campaign, losing twice in their opening four league games .

Netflix's 'Last Chance U' Football Player Brothers Charged With Murder
Where are star players of "Last Chance U" now? Two other men were also charged with criminal homicide in early August. A running back, Wright clashed with head coach Buddy Stephens and dealt with his fiancee's pregnancy and miscarriage.

Sunny start to work week, then remnants of Irma to bring rain
It's important to note the rain isn't flooding rain, and it doesn't appear any day will be a washout. It will continue to feel like summer with highs topping the lower 80s for the end of the work week.

Apple's iTunes removes iOS App Store from desktop version
Downloading and installing iTunes 12.7 should only take a few minutes, but this will depend on the user's internet speed. You can still find iOS apps , ringtones , and books (PC only) that you've downloaded in your iTunes Media folder.

Reports Of Active Shooter At New Hampshire's Biggest Hospital
As quoted by AP, Dartmouth-Hitchcock Medical Center spokesman Mike Barwell said that the hospital is "currently locked down". Police from Vermont and New Hampshire responded to an incident that an employee on campus tells us happened around 1:30 p.m.

Bad news for Slaven Bilic after West Ham's win over Huddersfield
The Hammers were playing their first home game of the season on Monday after having to travel for their opening three matches. It wasn't pretty, but for West Ham and Bilic to get off the bottom, it was exactly what was needed.

Everyone relax: Sampha beat Ed Sheeran to the Mercury Prize
The Mercury Prize comes with an award of 25,000 British pounds (about $34,000) and is given by a rotating panel of judges. The Mercury Prize began in 1992, and was won by Primal Scream with their album Screamadelica .

International Olympic Committee awards 2024 Olympics to Paris, LA to host 2028 Games
At the time, they committed to working out a deal that culminated with each city getting an Olympics on Wednesday. The IOC selected both cities at the same time at the session in Lima, Peru today.

UM leads MI universities in college rankings
The rankings focus on student outcomes - including graduation and retention rates - which carry the most weight at 30 percent. TCNJ also ranked as the top university for veterans in the region and second in the region for Best Undergraduate Teaching.

Hand In Hand Telethon Raises More Than $44 Million For Harvey Relief
Tonight, we come together in collective effort to raise our voices , to help our communities, to lift our spirits and heal. The telethon will air from Los Angeles, but there will also be stages in NY and Nashville.