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INX:ORCL, Sep 22, 11:30 UTC

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BlackRock Inc. Has $9.88 Billion Stock Holdings in Oracle Co. (NYSE:ORCL) – TechNewsObserver

ORCL

LSV Asset Management now owns 8,335,383 shares of the enterprise software provider’s stock worth $474,866,000 after purchasing an additional 2,286,600 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in Oracle by 1,540.3% during the first quarter. Assenagon Asset Management S.A. now owns 2,380,038 shares of the enterprise software provider’s stock worth $127,832,000 after purchasing an additional 2,234,942 shares during the last quarter. The company has a 50-day simple moving average of $53.39 and a 200 day simple moving average of $54.49. Oracle Co. has a fifty-two week low of $42.40 and a fifty-two week high of $60.50. Oracle (NYSE:ORCL) last released its quarterly earnings data on Wednesday, September 11th. The business had revenue of $9.22 billion during the quarter, compared to analyst estimates of $9.29 billion. Oracle had a return on equity of 48.85% and a net margin of 27.71%. Research analysts expect that Oracle Co. will post 3.47 earnings per share for the current fiscal year. Oracle declared that its board has authorized a stock repurchase program on Wednesday, September 11th that authorizes the company to repurchase $15.00 billion in shares.

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Friday, September 20


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Bank of Nova Scotia Has $26.29 Million Stock Position in Oracle Co. (NYSE:ORCL) – TechNewsObserver

ORCL

Appleton Partners Inc. MA now owns 6,170 shares of the enterprise software provider’s stock worth $351,000 after purchasing an additional 173 shares during the last quarter. Northern Oak Wealth Management Inc. lifted its position in shares of Oracle by 14.8% during the 2nd quarter. Northern Oak Wealth Management Inc. now owns 1,378 shares of the enterprise software provider’s stock worth $78,000 after purchasing an additional 178 shares during the last quarter. Royal Bank of Canada set a $57.00 price objective on Oracle and gave the company a “neutral” rating in a research note on Thursday, September 12th. Three research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and eleven have given a buy rating to the company. 9,106,718 shares of the company’s stock were exchanged, compared to its average volume of 11,790,734. Oracle Co. has a fifty-two week low of $42.40 and a fifty-two week high of $60.50.

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MariaDB and Palisade Compliance Partner to Help Companies Get Unstuck From Oracle

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REDWOOD CITY, Calif. and HELSINKI, Sept. 20, 2019 /PRNewswire/ -- MariaDB® Corporation today announced a partnership with Palisade Compliance aimed to help customers navigate the treacherous waters of Oracle contracts and chart a course to the friendlier, open waters of MariaDB. Palisade Compliance is a 100% Oracle-independent firm dedicated to helping organizations take control of their Oracle contracts and lower costs. "Migrating to MariaDB is easier than ever with Oracle compatibility features and our Red Rover migration practice. MariaDB knows how to tackle the technology challenges, while our new partner, Palisade Compliance, knows how to help our customers with negotiations and contracts so they can bank the savings, improve their margins and find the funds to invest in critical projects they couldn't afford before." That cost is only rising with Oracle planning to make three to four times more by forcing their customers to their cloud," said Palisade Compliance Founder and CEO Craig Guarente. "The strategies we implement with customers give them the confidence to take back control of their Oracle relationship. By partnering with enterprise open source database leader MariaDB, we can better help customers reduce their database and support spend, and find alternatives to Oracle."

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Banco Santander S.A. Trims Stock Position in Oracle Co. (NYSE:ORCL) – TechNewsObserver

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Regal Wealth Group Inc. now owns 2,353 shares of the enterprise software provider’s stock valued at $126,000 after purchasing an additional 315 shares in the last quarter. North Star Investment Management Corp. raised its stake in shares of Oracle by 118.0% in the first quarter. North Star Investment Management Corp. now owns 22,693 shares of the enterprise software provider’s stock valued at $1,219,000 after acquiring an additional 12,283 shares during the period. In other news, CEO Mark V. Hurd sold 787,500 shares of the company’s stock in a transaction that occurred on Friday, June 21st. The company has a market capitalization of $174.74 billion, a PE ratio of 16.89, a PEG ratio of 1.56 and a beta of 1.18. Oracle Co. has a twelve month low of $42.40 and a twelve month high of $60.50. Oracle (NYSE:ORCL) last announced its quarterly earnings results on Wednesday, September 11th. On average, sell-side analysts anticipate that Oracle Co. will post 3.47 earnings per share for the current year. Oracle announced that its board has approved a stock buyback program on Wednesday, September 11th that authorizes the company to buyback $15.00 billion in shares.

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Thursday, September 19


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Oracle Founder Larry Ellison Calls Uber and WeWork ‘Almost Worthless’

ORCL UBR +1 more ORCL UBR WEW

Uber sports a market valuation of more than $57 billion. while WeWork has raised more than $12 billion in venture capital.

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Oracle, Box Partner to Aid Enterprises Manage Cloud Content

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ZacksSeptember 19, 2019, 2:26 PM UTC. Oracle ORCL recently announced collaboration with Box BOX at Oracle OpenWorld 2019. This time-saving data management integration is anticipated to aid enterprises focus on innovation and achieving business goals.Oracle Integration with Box connector allows enterprises utilize intelligent ML capabilities across IT, HR and finance teams with digital transformation projects with seamless integration of applications.The new alliance is anticipated to bolster adoption of Oracle Integration among digitally transforming clientele looking to gain from infused automated data processing and ML capabilities to effectively manage data.Growing Clout of ECM Solutions: A Key CatalystEnterprises undergoing digital overhaul are focusing on providing customers with personalized solutions to enhance business prospects. This is where Oracle integration with Box connector comes in handy as it enables businesses to manage and integrate content effectively. Oracle Corporation Price and Consensus. Oracle Corporation price-consensus-chart | Oracle Corporation Quote. Notably, per Market Research Future as revealed by Reuters, global cloud database market is projected to hit $21.66 billion at a CAGR of 46.78% between 2018 and 2023.Risks RemainAlthough the latest development bolsters business prospects, increasing expenditure on product enhancements is likely to weigh on margin expansion at least in the near term.Further, stiff competition in the cloud market, and integration risks from buyouts remain concerns.Zacks Rank & Stocks to ConsiderCurrently, Oracle carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the broader technology sector are Anixter International AXE and Perficient PRFT, both flaunting a Zacks Rank #1 (Strong Buy).

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Enterprise Asset Management Market Set to Reach $8.9 Billion by 2025 - IBM, SAP and Oracle are the Forerunners of the Competition

IBM ORCL +1 more IBM ORCL SAP

Dublin, Sept. 19, 2019 (GLOBE NEWSWIRE) -- The "Global Enterprise Asset Management Market (2019-2025)" report has been added to ResearchAndMarkets.com's offering. EAM provides timely maintenance of resources that help avoid machine or machinery from malfunctioning and thus reduce downtime on the device.EAM expands the existence of investments that preserve capital and save the financial and long term impact of the current resources being scrapped. In addition, small and medium-sized enterprises with less financial strength than big companies will involve extra assistance from suppliers of enterprise asset management solutions to maximize their resource usage.The market research report covers the analysis of key stake holders of the market. Key Companies Profiled in the report include IBM Corporation, Oracle Corporation, SAP SE, Infor, Inc., ABB Group, CGI, Inc., Aptean, Inc., AVEVA Group PLC, Upkeep Technologies, Inc. and Ultimo Software Solutions, Inc. Based on the analysis presented in the Cardinal matrix, IBM Corporation, SAP SE, and Oracle Corporation are some of the forerunners in the Enterprise Asset Management Market.Market SegmentationBy Component.

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Oracle Recognizes Top Cloud Innovators at OpenWorld

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Culled from hundreds of nominees across industries and around the world, those selected were recognized as Excellence Award recipients at Oracle OpenWorld 2019. They excelled in their use of Oracle solutions to accelerate innovation, drive business transformation and create value by increasing agility, lowering costs and reducing IT complexity. Oracle is honored to congratulate each and every one of this year's winners. Oracle recognized winners in eight customer categories:. Tiki Jalur Nugraha Ekakurir (JNE), Laureate International Universities, Maritz, McMaster University, Nationwide Insurance, NRMA, Office Depot, Oi Telecom, OUTFRONT Media, Panasonic Manufacturing Limited, Pioneer Natural Resources, Qatar Foundation, Rabobank, Ricoh USA Inc., Riverbed Technology Inc., Rosendin Electric, Ruralco Holdings Ltd, Skanska Group HQ, Southern Company, Standard Chartered Bank, Stitch Fix, Teachers Insurance and Annuity Association, The Co-op, The University of Adelaide, TIA Technology, Tokyo Gas i Net Corp, Underwriters Laboratories (UL LLC), Unicoop Firenze, UST Global, Veritas Technologies, Vertiv, Western Digital, and Youngone Outdoor. Cloud Architect of the Year – awarded to leaders on the front lines of driving successful cloud deployments, specifically in data management and analytics, through their strong technical skills, adaptability and strategic thinking.

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Equinix Expands Oracle Cloud Infrastructure's Global Access

ORCL EQIX

This will enable the companies’ mutual customers to seamlessly and privately connect to Oracle Cloud on Platform Equinix. Further, by establishing the direct connection, enterprises can create a high-speed, low-latency access, in turn, helping maximize benefits of their Oracle deployment. At present, Equinix offers Oracle FastConnect in six locations, including Amsterdam, Chicago, London, Frankfurt, Sydney and Washington, DC/Northern Virginia through its IBX data centers. Moreover, as part of the collaboration, Oracle customers accessing Oracle Cloud Infrastructure in the Phoenix data-center region can now directly connect from Equinix’s IBX data centers in Los Angeles to Oracle Cloud Infrastructure FastConnect through ECX Fabric.

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Oracle to have more Cloud regions than AWS by 2020: Ellison, IT News, ET CIO

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San Francisco: Oracle Co-founder and CTO Larry Ellison has announced that his company will have more Cloud regions globally than Amazon Web Services (AWS), retail giant Amazon's Cloud arm, within a year. Addressing the gathering at the Oracle "OpenWorld 2019" conference here, Ellison said the Cloud major currently has 16 hyper-scale regions around the world today. In all 16 of those regions, you'll find Oracle Analytics Cloud in addition to obviously the Autonomous Database and compute and storage," Ellison told the audience. "When we meet next year on this, we'll have more regions than AWS. It's stunning a"it's absolutely stunning. We expect to add more than 1,000 Autonomous Database customers this quarter alone, and it's accelerating," he announced. "This expansion includes regions in new countries and dual, geographically separated regions across the globe", the company announced. Oracle and AWS have been at the loggerheads for quite some time and AWS has offloaded Oracle as its Cloud vendor and would soon be 100 per cent reliable without the need of hosting Amazon workloads on Oracle Cloud.

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