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Oracle Co. (ORCL) Downgraded by Zacks Investment Research

2015-11-30 23:02:26| IT Services - Topix.net

According to Zacks, "Oracle posted mixed first-quarter fiscal 2016 results wherein earnings of $0.49 beat the Zacks Consensus Estimate by $0.01 but revenues of $8.45 billion missed the same. Management maintained a cautious stance for the second quarter, given worsening currency fluctuations.

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