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Oracle Remains Confident In Transition

2016-03-30 09:03:51| Telecom - Topix.net

Oracle is in the midst of a major transition to a cloud-based business model, which will be an ongoing process. Cloud-based revenue accounted for ~5% of total revenue in 2015.

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Oracle Remains Confident In Transition

2016-03-30 08:06:02| IT Services - Topix.net

Oracle is in the midst of a major transition to a cloud-based business model, which will be an ongoing process. Cloud-based revenue accounted for ~5% of total revenue in 2015.

Tags: remains transition oracle confident

 
 

Oracle Co. (ORCL) Downgraded to "Buy" at Vetr Inc.

2016-03-27 14:58:58| Telecom - Topix.net

They presently have a $45.37 price objective on the enterprise software provider's stock. Vetr 's target price suggests a potential upside of 10.74% from the stock's current price.

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Oracle Co. (ORCL) Downgraded to "Buy" at Vetr Inc.

2016-03-27 05:47:25| IT Services - Topix.net

They presently have a $45.37 price objective on the enterprise software provider's stock. Vetr 's target price suggests a potential upside of 10.74% from the stock's current price.

Tags: inc buy oracle downgraded

 

Morgan Stanley: Shallower Cloud Transition May Leave Oracle As Legacy IT Vendor In New Cloud World

2016-03-26 12:54:16| Telecom - Topix.net

Morgan Stanley said that while a shallower transition to cloud computing is likely to allow Oracle Corporation to return to growth in both EPS and revenue for fiscal 2017, the strategy may leave Oracle as mainly a legacy IT vendor in the new cloud-computing universe. Analyst Keith Weiss, who has an Equal-weight rating and $41 price target on Oracle, noted that declining Software as a Service /Platform as a Service billings and lower cloud-related capex suggest Oracle's cloud transition may be slowing.

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