Tag: ORCL

Finance

NYSE Movers: Oracle Corporation (NYSE:ORCL), Vale (NYSE:VALE), Ford Motor Company (NYSE:F), Bank of America Corp (NYSE:BAC), Coach Inc (NYSE:COH)

Oracle Corporation (NYSE: ORCL) has agreed to buy Micros Systems Inc (NASDAQ: MCRS) for $5.3 billion. Chief Executive Officer, Larry Ellison seeks to boost its slowing growth by expanding into hospitality and retail industries.   Oracle Corporation (NYSE:ORCL) stock performance was 0.69% in last session and finished the day at $41.10. Traded volume was 16.96million shares in the last session and the average volume of the stock remained … Continue reading NYSE Movers: Oracle Corporation (NYSE:ORCL), Vale (NYSE:VALE), Ford Motor Company (NYSE:F), Bank of America Corp (NYSE:BAC), Coach Inc (NYSE:COH)

John Meady
Analysis, Finance, Software

(NYSE:ORCL) Why is Oracle Buying Micros Systems For About $5.3B?

Software maker Oracle is buying Micros Systems Inc., which provides software and hardware to the hospitality and retail industries, for about $5.3 billion. Oracle said Monday that it will pay $68 per Micros share, a 3 percent premium to the company’s $65.77 Friday closing price. Shares of Micros gained $1.43, or 2.2 percent, to $67.20 in premarket trading Monday. Oracle said the acquisition will extend … Continue reading (NYSE:ORCL) Why is Oracle Buying Micros Systems For About $5.3B?

Adam Keintzel
Finance

Stocks In News: Hewlett-Packard Company (NYSE:HPQ), Oracle Corporation (NYSE:ORCL), Cisco Systems, Inc. (NASDAQ:CSCO), International Business Machines Corp. (NYSE:IBM), Lenovo Group Limited (ADR) (OTCMKTS:LNVGY)

Hewlett-Packard Company (NYSE:HPQ) has released its own OpenStack distribution, called Helion, and, like Red Hat, plans to offer deployment and hosted services around the cloud software. Both companies are also building partner networks that will use these OpenStack distributions in products and services for specific industries or geographical areas. Hewlett-Packard Company (NYSE:HPQ) stock performance was -0.57% in last session and finished the day at $34.71. … Continue reading Stocks In News: Hewlett-Packard Company (NYSE:HPQ), Oracle Corporation (NYSE:ORCL), Cisco Systems, Inc. (NASDAQ:CSCO), International Business Machines Corp. (NYSE:IBM), Lenovo Group Limited (ADR) (OTCMKTS:LNVGY)

John Bellich
Finance

Notable Movers: Nokia Corporation (ADR) (NYSE:NOK), Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), Amazon.com, Inc. (NASDAQ:AMZN), Juniper Networks, Inc. (NYSE:JNPR)

Nokia and Airtel have joined hands to offer Nokia XL users across India free Android app downloads as part of a plan to encourage data usage and treat owners of the smartphone simultaneously. Going by the details of the deal, subscribers will be able to download applications onto their handset for free. Nokia Corporation (ADR) (NYSE:NOK) stock performance was -0.75% in last session and finished … Continue reading Notable Movers: Nokia Corporation (ADR) (NYSE:NOK), Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL), Amazon.com, Inc. (NASDAQ:AMZN), Juniper Networks, Inc. (NYSE:JNPR)

John Bellich
Finance

Watch List: International Business Machines Corp. (NYSE:IBM), Oracle Corporation (NYSE:ORCL), Yingli Green Energy (NYSE:YGE), SolarCity Corp (NASDAQ:SCTY), Canadian Solar Inc. (NASDAQ:CSIQ)

Technology giant International Business Machines Corp. (NYSE:IBM) today said online matrimonial site Matrimony.Com is using its Big Data and Analytics technology to drive personalised marketing campaigns to match potential partners faster and attract more subscribers. International Business Machines Corp. (NYSE:IBM) stock performance was 0.21% in last session and finished the day at $186.37. Traded volume was 3.30 million shares in the last session and the … Continue reading Watch List: International Business Machines Corp. (NYSE:IBM), Oracle Corporation (NYSE:ORCL), Yingli Green Energy (NYSE:YGE), SolarCity Corp (NASDAQ:SCTY), Canadian Solar Inc. (NASDAQ:CSIQ)

Jayne Crisman
Finance

Investor’s Alert: Micron Technology, Inc. (NASDAQ:MU), Groupon Inc (NASDAQ:GRPN), Oracle Corporation (NYSE:ORCL), Plug Power Inc (NASDAQ:PLUG), Verizon Communications Inc. (NYSE:VZ)

Micron Technology, Inc (NYSE:MU) Director Robert L. Bailey sold 2,000 shares of the company stock on the open market in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $28.50, for a total transaction of $57,000.00. Following the completion of the transaction, the director now directly owns 127,751 shares of the company’s stock, valued at approximately $3,640,904. … Continue reading Investor’s Alert: Micron Technology, Inc. (NASDAQ:MU), Groupon Inc (NASDAQ:GRPN), Oracle Corporation (NYSE:ORCL), Plug Power Inc (NASDAQ:PLUG), Verizon Communications Inc. (NYSE:VZ)

Kristen Barton