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Oracle Earnings Top Forecasts As Total Cloud Revenue Jumps 62%

Overall, cloud revenue surged 62% to $1.2 billion. In the past year, the company agreed to acquire NetSuite, a pioneer in cloud computing, for $9.3 billion. Oracle's traditional software licensing business fell 16% as the company transitions. Oracle is bulking up its presence in the cloud in an effort to catch up with companies like Salesforce and Workday and it's working.

Business

Alexandria Real Estate Equities Inc

INTU right now sits at consensus rating of 2.70 while 3 analysts have advocated the shares as "BUY", 3 calls it an "OUTPERFORM" and 10 suggest "HOLD". On average, equities analysts expect that Washington Real Estate Investment Trust will post $0.16 earnings per share for the current fiscal year. Investors of record on Wednesday, February 15th were paid a dividend of $0.026 per share.

Business

Senate confirms former Indiana Sen. Dan Coats for national intelligence director

Coats was twice a Republican Senator from IN, serving IN the 90's and then again for a term from 2011 to 2017. Coats, 73, is a former Republican senator and House member and a former US ambassador to Germany. Committee Vice Chairman Mark Warner, D-Va., said Coats is "an advocate for strong oversight of the intelligence community". Coats oversees 16 other intelligence agencies.

Business

McDonald's Begins Testing Mobile App Ordering in the United States

Through mobile ordering, McDonald's is providing customers with more flexibility and convenience than ever before. When the customer arrives at the restaurant, the app asks for confirmation and payment before sending orders to the kitchen .

Business

Analytical and Technical Charts for Tailored Brands, Inc. (TLRD)

A month ago, they told us to expect earnings of US$1.05 per share while three months ago their EPS consensus estimate was US$1.04. Several investment firms issued their expert ratings on Tailored Brands, Inc. This represents a $0.72 annualized dividend and a dividend yield of 4.82%. The shares were purchased at an average price of $20.00 per share, with a total value of $22,200,000.00.

Business

Fed Hikes Interest Rate for Second Time in Three Months

That's all in the near future, though. All 11 major S&P sectors were higher, with the energy index's 1.08 percent rise leading the gainers. It remains within 1% of its record, which was set earlier this month. The yield on 10-year Treasuries now stands at 2.6%, barely positive in real terms and below its level three years ago when fears about deflation were widespread.

Business

Alaska Airlines announces new flight from STL to San Diego

This includes the following daily flights: Albuquerque, New Mexico; Austin, Texas; Kansas City, Missouri; Minneapolis/St. Paul; Omaha, Nebraska; and St. local time. The flight to San Diego will leave Omaha at 3:05 p.m. and arrive at 5:05 p.m. Then on 18 October Alaska will begin daily service from San Diego to Albuquerque, followed by daily San Diego-Minneapolis flights on 18 November.

Business

Court Documents Raise Questions Of Roundup, Monsanto

The filing was made public by a federal judge in San Francisco handling the litigation. Fresno County Superior Court Judge Kristi Culver Kapetan's ruling last Friday was a blow to multinational chemical giant Monsanto, which had fought to prevent California officials from making the requirement , the Fresno Bee reported .

Business

Here's how the Fed raises interest rates

Currency Strategist James Stanley previewed the other two major events and their impact on FX markets, the Bank of Japan's and the Bank of England's March policy meetings, in a piece from Friday. For people (as opposed to businesses), higher interest rates will cost a little bit, but probably not enough to change many decisions. Fed officials stress that the dot plot is merely a projection of where rates might go and not at all a guarantee.

Business

Two Stocks in Concentration: AT&T, Inc. (T), American Airlines Group Inc. (AAL)

Analyst's mean target price for BIDU is $195.52 while analysts mean recommendation is 2.60. (NYSE:T) might hit $43.15, however, the High Price Target and Low price Target are $48 and $36, respectively. While looking at the Stock's Performance, American Airlines Group Inc. now shows a Weekly Performance of -8.1%, where Monthly Performance is -11.28%, Quarterly performance is -16.8%, 6 Months performance is 8% and yearly performance percentage is -2.21%.

Business

Analysts Estimates and Ratings: Cypress Semiconductor Corporation (NASDAQ:CY)

Zacks Investment Research lowered ON Semiconductor Corp from a "buy" rating to a "hold" rating in a research note on Monday, November 21st. (TWO) reported that a quarterly dividend of $0.25 per share of common stock for the first quarter of 2017.

Business

General Electric Company (NYSE:GE) Shows Long Term Growth Rate of 0.1211

General Electric Company makes up about 1.7% of Oarsman Capital Inc.'s holdings, making the stock its 12th largest position. In a research note issued on Dec 16, 2016, analysts at Bernstein lifted the stock to Outperform from Mkt Perform. This represents a $0.96 annualized dividend and a dividend yield of 3.22%. The ex-dividend date of this dividend is Thursday, February 23rd. General Electric Company's dividend payout ratio is 106.67%.

Business

Penn West Petroleum Ltd (NASDAQ:PWE) To Report Earnings

The number of shares now owned by investors are 496.27 mln. The biggest institutional shareholders in Penn West Petroleum Ltd include Ho Cheuk Fund which owns 25 million shares in the company valued at $42.77 million. The consensus rating is 1.8, indicating analysts in general look favorably on the company's future prospects. The High end of the forecast is $1.97/share, while the Low end is $1.7/share.

Business

Tech $1.2 billion security startup Okta files for its long-awaited IPO

According to the S-1, Okta now has more than 2 million users. Goldman, Sachs, JP Morgan Securities and Allen & Company are lead underwriters for the proposed offering, Okta said. MuleSoft, which will be the second venture capital-backed "unicorn" to go public after Snap, on Tuesday revealed that it now plans to raise up to $239 million in its IPO - up from the $209 million goal the company set last week.

Business

How major U.S. stock market indexes fared on Monday

ET:Dow e-minis were down 9 points, or 0.04 percent, with 3,868 contracts changing hands. S&P 500 e-minis were down 2.25 points, or 0.09 percent, with 81,663 contracts traded. Markets have struggled for direction in recent days, waiting for last Friday's jobs report and then for the Fed's decision later this week. Elections remain a wild card for investors.

Business

Tillerson to focus on North Korea response in first Japan visit

The drone deployment comes a week after North Korea carried out a test salvo of four missiles that landed off the coast of Japan, and a day before the USA secretary of state, Rex Tillerson, embarks on a tour of a region widely regarded as the most risky corner of the world.

Business

USA women's hockey team threatens to skip world championship in MI

The team announced Wednesday that they will not participate in the International Ice Hockey Federation tournament that begins March 31 in Plymouth, Michigan. "We're asked to train and compete and perform full time", Duggan said, "yet we're not compensated for it". Many players and hockey insiders also contend that USA Hockey and head coach Ben Smith cut Granato from the team in 2005 for continuing to question their support.

Business

Million More Americans Defaulted on Federal Student Loans in 2016

Federal law typically defines a federal student loan default as being 270 days past due. A spokeswoman for one of the companies that handles billing federal student loans pointed out that the federal loan data also contained some encouraging signs.

Business

Trump To US Automakers - We'll Examine Fuel Economy Standards Together Next Year

This comes as the German manufacturer is embroiled in legal disputes over attempts to cheat previous emissions standards. The new administration's move, which had been sought by the large vehicle manufacturers, coincides with a visit by the president to MI to meet industry executives and workers.

Business

Chesapeake Energy Corporation (NYSE:CHK)

Sell-side analyst recommendations point to a short term price target of $7.46 on the company shares. The most optimistic analyst sees the stock reaching $11 while the most conventional predicts the target price at $2.50. (NYSE:CHK) by 63.4% during the fourth quarter, Holdings Channel reports. If you are accessing this news story on another domain, it was stolen and reposted in violation of global trademark & copyright law.

Business

Analog Devices, Inc. (ADI) shares to see major resistance at $84.14

Peddock Capital Advisors LLC purchased a new stake in Analog Devices during the third quarter valued at about $101,000. Finally, CENTRAL TRUST Co increased its stake in Analog Devices by 33.3% in the third quarter. 02/16/2017 - Analog Devices, Inc . had its "buy" rating reiterated by analysts at Jefferies. Several research firms recently commented on ADI. In a report released today, Blayne Curtis from Barclays reiterated a Hold rating on Analog Devices (NASDAQ: ADI), with a price target ...

Business

Justice Department Asks For More Time Regarding Donald Trump's Wiretap Claims!

Trump did not provide any evidence to bolster his claim; instead, the White House released a statement calling for Congress to investigate the allegations made by one president against another. Well, that's the message several lawmakers are sending about President Trump's wiretap allegations against his predecessor. Trump's adviser is now defending those comments.

Business

Coca-Cola Company (The) (NYSE:KO)

The number of shares now owned by investors are 4.27 bln. Welch Investments LLC bought a new stake in The Coca-Cola during the fourth quarter worth $115,000. Over the past five trading sessions it is -0.36%; 1.89% for the month; 2.56% for the last quarter; 1.09% for the past six-months; and -4.74% for the last 12 months.

Business

'Alt-Right' Group Stripped of Tax-Exempt Status

Failing to file for three consecutive years results in an automatic loss of tax-exempt status. But he doesn't have any evidence the move was politically motivated and expressed confidence that his organization can regain its tax-exempt status.

Business

Inditex reports 2016 net profit up 10 pct, in line with forecasts

Underlying or operating profit was up eight percent at five billion euros, Inditex said. Inditex put greater emphasis on online expansion previous year, cutting its target for new brick-and-mortar stores. Fiscal first-quarter sales were 47.0 billion crowns (4.2 billion pounds), up from a year-ago 43.7 billion but below a 48.1 billion mean forecast in Reuters' poll of analysts.

Business

European Stocks Slip in Broad Decline Before Dutch Election, Fed

However, investors could suffer an unexpected backlash should the Fed leave the markets wrong-footed by opting against hiking interest rates. Overnight, the S&P 500 Index was headed for its worst loss in two weeks as trading remained muted due to a late winter storm covering the eastern part of the country in snow.

Business

Stock's Buzzers: Ciber, Inc. (NYSE:CBR)

The e-commerce company unveiled its grand plan at its inaugural tech summit, called "New Technology, New Future" held at its Hangzhou headquarters on March 9, with over 5,000 engineers in attendance. Its weekly performance showed a upward trend of 83.14 percent. Many Analysts provided their foresight on Revenue Estimates of Ciber, Inc. where they believe that the company has the potential to earn average revenue of $139.67 Million for the current quarter.

Business

Again Senate rejects Magu as EFCC boss

Earlier, Mr. Ibrahim Magu had given a brief introduction about himself before the Senate. Late past year, President Muhammadu Buhari submitted Mr Magu's name to the Senate for confirmation as substantive Chairman of EFCC as he, Mr Magu, had having in as acting chairman since November, 2015.

Business

US producer prices rise broadly in February

Bureau of Labor Statistics reported Tuesday. In the 12 months through February, the PPI jumped 2.2 percent, the biggest advance since March 2012 and ahead of the 2.0 percent gain forecast in the Reuters poll. The Federal Open Market Committee is expected to announce a short-term rate increase at the conclusion of its meeting on Wednesday. Fed policy makers, meeting Tuesday and Wednesday, are projected to raise interest rates as inflation moves higher and the job market continues to improve.

Business

The Whiting Petroleum Corp (WLL) Debt Trading 2.6% Lower

These analysts and investment firms use various valuation methods to decide a price target for a stock. Whiting Petroleum Corporation ( WLL ) have shown a high EPS growth of -26.80% in the last 5 years and has earnings decline of 53.20% yoy.

Business

Volkswagen Shares Slide After Prosecutors Search Audi Group Offices in Emissions Probe

German prosecutors have started searching the premises of the headquarters of Audi in Ingolstadt and its factory in Neckarsulm, announced a spokesperson of the luxury cars maker, reported Reuters. "The path towards clearing up (the emissions scandal) is far from over", Audi CEO Rupert Stadler said on Wednesday. Audi designed and manufactured some of the engines that were manipulated to show compliance with environmental standards in lab tests, but allowed to emit higher levels of ...

Business

Significant Buzzer of Recent Trading Period: Abbott Laboratories (NYSE:ABT)

Abbott Laboratories (NYSE:ABT) last announced its quarterly earnings results on Monday, February 6th. The company has a 50-day moving average price of $43.48 and a 200 day moving average price of $41.18. Following the completion of the transaction, the insider now directly owns 129,782 shares in the company, valued at approximately $4,990,117.90. During last 3 month it remained at 18.47%.

Business

Hammond U-turns on Budget plan to increase NICs for self employed

However, in a letter to Tory MPs today the Chancellor said there would be no increase in Class 4 NICS in this parliament. For what it's worth - and as the respected Institute of Fiscal Studies has been tirelessly repeating - there was a strong intellectual case for increasing the NI rate for the self-employed, now that they are more inside the state's welfare safety net than they've ever been.

Business

Stocks close lower as weak energy shares drag

Brent crude is also up, above $51 a barrel. At the final bell, American benchmark West Texas Intermediate (WTI) was trading at $47.94 a barrel with a 1 percent decline. "People tomorrow are going to be looking at what the Fed says after the meeting, what the rationale is for their move, and what they say about their balance sheet", said Bucky Hellwig, senior vice president at BB&T Wealth Management in Birmingham, Alabama.

Business

Here's how Republican health care reform would affect young people

In 2026, 14 million fewer people would be enrolled in Medicaid under the GOP healthcare bill, accounting for half the total increase in uninsured. By 2026, the report writes, "an estimated 52 million people would be uninsured, compared with 28 million who would lack insurance that year under current law".


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