Oracle tried to right a staggering market after the close on Monday with better than expected earnings.
Oracle rose 2% after hours after beating expectations by a penny a share with 12-cent earnings, and revenues of $2.5 billion topped $2.41 billion forecasts. Software license sales rose 13% to $849 million, also well ahead of estimates, and the company said it was encouraged by the software spending environment.
Also after the close, EMC and Check Point announced acquisitions. ABC News: ABC News Search::
Oracle 2Q Profit Soars 35 Percent BEA 3Q Earnings Beat Analysts Estimates. BEA Tops Analysts Views As It Releases First Quarterly Earnings Report in 15 Months
http://abcnews.go.com/topic?field=tgpubliccompany&value=OrSDAQ&from=70&type=featureHOME |
Chicago Business News, Analysis & Articles | Starcom MediaVest wins ::
Enterprise software maker Oracle Corp. has selected Publicis Groupes Starcom ITW tops estimates, boosts outlook. Marketing/Media. Top Marketing/Media Headlines:
http://www.chicagobusiness.com/cgi-bin/news.pl?id=12693HOME |
Stocks suffered a dramatic reversal during the day, as a big opening gap up on the capture of Saddam Hussein met with selling after traders focused instead on weak chip equipment and retail sales. InternetNews Realtime IT News - CA Tops Estimates As Turnaround Continues::
an upside surprise in its latest quarter and raised earnings and sales estimates for the rest of the year. HP Video: StorageWorks EVA4400 and Oracle
http://www.internetnews.com/bus-news/article.php/3708971HOME |
The Nasdaq fell 30 to 1918, the S&P 500 lost 6 to 1068, and the Dow dropped 19 to 10,022. Volume rose to 1.46 billion shares on the NYSE, and 1.83 billion on the Nasdaq. Decliners led 20-12 on the NYSE, and 22-9 on the Nasdaq. Downside volume was 64% on the NYSE, and 77% on the Nasdaq. New highs-new lows were 435-10 on the NYSE, and 257-14 on the Nasdaq. Oracle tops IDC 2002 application service provider leadership grid ::
Oracle Corp., the worlds largest enterprise software company, today announced Oracle estimates that customers who outsource their software can save more than
http://www.ameinfo.com/7394.htmlHOME |
RTTNews - Breaking News, financial breaking News, Positive EPS ::
Abbott Q2 Profit Tops Estimates; Lifts FY08 EPS Outlook Above Consensus. Wells Fargo Q2 Profit Declines, Yet Top Estimates; Boosts Dividend; stock surges - Update 2
http://www.rttnews.com/sp/breakingnews.asp?vid=0&item=142HOME |
IBM came under fire for outsourcing plans.
Microsoft edged higher on a reorganization.
Roxio rose 4% after raising guidance.
DoubleClick gained 3.5% on an upgrade.
BMC slipped on an acquisition.
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