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Oracle Corp (ORCL.N)

ORCL.N on New York Stock Exchange

48.30USD
15 Dec 2017
Change (% chg)

$-1.89 (-3.77%)
Prev Close
$50.19
Open
$48.40
Day's High
$48.40
Day's Low
$47.12
Volume
24,084,396
Avg. Vol
3,641,059
52-wk High
$53.14
52-wk Low
$38.31

Latest Key Developments (Source: Significant Developments)

Oracle Corp Q2 GAAP Earnings Per Share $0.52
Thursday, 14 Dec 2017 04:00pm EST 

Dec 14 (Reuters) - Oracle Corp ::Q2 GAAP EPS UP 8% TO $0.52 AND NON-GAAP EPS UP 14% TO $0.70.Q2 GAAP EARNINGS PER SHARE $0.52.Q2 REVENUE $9.6 BILLION VERSUS I/B/E/S VIEW $9.57 BILLION.Q2 EARNINGS PER SHARE VIEW $0.68 -- THOMSON REUTERS I/B/E/S.Q2 NON-GAAP EARNINGS PER SHARE $0.70.QTRLY NON-GAAP OPERATING MARGIN 44% VERSUS 41% REPORTED LAST QUARTER.QTRLY HARDWARE REVENUES $940 MILLION VERSUS $1,014 MILLION.ORACLE - OVERALL CLOUD REVENUE GROWTH OF 44% DROVE QUARTERLY REVENUE AND EARNINGS HIGHER.ORACLE - BOARD INCREASED AUTHORIZATION FOR SHARE REPURCHASES BY $12 BILLION.QTRLY CLOUD SOFTWARE AS A SERVICE (SAAS) REVENUES WERE UP 55% TO $1.1 BILLION.QTRLY CLOUD PLATFORM AS A SERVICE (PAAS) PLUS INFRASTRUCTURE AS A SERVICE (IAAS) REVENUES WERE UP 21% TO $396 MILLION.SAYS EXPECTS CLOUD BUSINESS TO "CONTINUE TO GROW".SAYS EXPECTS TO SELL AROUND $2 BILLION IN NEW ENTERPRISE SAAS APPLICATION CLOUD SUBSCRIPTIONS OVER COMING FOUR QUARTERS.  Full Article

Disney Board Elects Oracle And Illumina CEOs As Directors
Thursday, 7 Dec 2017 04:15pm EST 

Dec 7 (Reuters) - Walt Disney Co ::DISNEY BOARD ELECTS ORACLE’S SAFRA CATZ AND ILLUMINA’S FRANCIS A. DESOUZA AS DIRECTORS.WALT DISNEY CO - ELECTIONS OF CATZ AND DESOUZA ARE EFFECTIVE FEBRUARY 1, 2018.WALT DISNEY CO - ELECTION OF 2 NEW DIRECTORS: SAFRA CATZ, CEO OF ORACLE, AND FRANCIS DESOUZA, CEO OF BIOTECHNOLOGY FIRM ILLUMINA INC.  Full Article

Jana Partners dissolves sole share stake in Altice USA, Blue Apron, HPE
Tuesday, 14 Nov 2017 12:20pm EST 

Nov 14 (Reuters) - Jana Partners LLC::Dissolves sole share stake in Altice USA - SEC filing.Dissolves sole share stake in Blue Apron.Dissolves sole share stake in Hewlett Packard Enterprise.Takes sole share stake of 150,000 shares in Oracle.Cuts sole share stake in Pandora Media by 19.2 percent to 16.3 million shares.Ups sole share stake in Molina Healthcare by 52.5 percent to 2.1 million shares.Takes sole share stake of 1.3 million shares in Jack in the Box.Ups sole share stake in Zimmer Biomet Holdings by 45.9 percent to 4.7 million shares.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Oracle Health Sciences says Everest Group PEAK Matrix names co as top leader
Tuesday, 14 Nov 2017 08:01am EST 

Nov 14 (Reuters) - Oracle Corp : :Everest Group PEAK Matrix assessment for life sciences clinical trial products names Oracle Health Sciences as a top leader.  Full Article

Oracle Corp files for offering of up to $10 billion
Wednesday, 8 Nov 2017 08:30am EST 

Nov 8 (Reuters) - Oracle Corp :Oracle Corp files a final pricing term sheet for five-‍​part offering of a total of up to $10.00 billion - SEC filing.  Full Article

Oracle Corp files for ‍​potential five-part notes offering size not disclosed
Tuesday, 7 Nov 2017 07:49am EST 

Nov 7 (Reuters) - Oracle Corp :Oracle Corp files for ‍​potential five-part notes offering; size not disclosed - SEC Filing.Oracle Corp says notes will be issued in book-entry form only, in denominations of $2,000 and multiples of $1,000 thereafter.  Full Article

‍Equinix to launch direct access to Oracle Cloud infrastructure in 16 new markets​
Monday, 23 Oct 2017 03:00am EDT 

Oct 23 (Reuters) - Equinix Inc :‍Equinix to launch direct access to Oracle Cloud infrastructure in 16 additional markets​.Equinix says to launch direct access to Oracle Cloud infrastructure in 16 additional markets across North America and Europe​.  Full Article

Oracle names IBM as strategic HR BPO provider
Tuesday, 10 Oct 2017 08:00am EDT 

Oct 10 (Reuters) - International Business Machines Corp ::Oracle names IBM as strategic HR BPO provider.Oracle Corp - ‍named IBM as a strategic partner to provide business process outsourcing for human resources delivered on Oracle HCM cloud platform​.  Full Article

Oracle introduces a 100 pct self-driving autonomous database
Monday, 2 Oct 2017 01:26am EDT 

Oct 2 (Reuters) - Oracle Corp :Oracle says introduced Oracle Autonomous Database Cloud, a 100 percent self-driving autonomous database, and new automated cyber defense applications.  Full Article

Oracle Corp says CEO Safra Catz‍​'s FY 2017 total compensation was $40.73 mln - SEC Filing
Thursday, 28 Sep 2017 04:46pm EDT 

Sept 28 (Reuters) - Oracle Corp :Oracle Corp says CEO Safra Catz‍​'s FY 2017 total compensation was $40.73 million versus $40.94 million in FY 2016 - SEC Filing.Oracle Corp says chairman and CTO Lawrence Ellison's FY 2017 total compensation was $41.3 million versus $41.52 million in FY 2016.Oracle Corp says CEO Mark Hurd's FY 2017 total compensation was $40.83 million versus $41.12 million in FY 2016.  Full Article

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Oracle shares tumble as cloud outlook darkens

Oracle Corp on Thursday forecast current-quarter cloud revenue growth that missed Street expectations after reporting disappointing second-quarter sales in the same business, sending its shares down nearly 7 percent after hours.