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

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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 EST

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 EST

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 EST

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 EST

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