Jive, the enterprise-focused software company that makes social communication and collaboration tools, has explored a sale, Re/code reports.» Read More
*Red Hat gains after earnings, outlook. NEW YORK, Dec 20- U.S. stocks climbed on Friday, putting the S&P 500 on pace for its biggest weekly gain in two months, as an unexpectedly strong report on U.S. growth boosted investor confidence that the economy could support a wind-down of Federal Reserve stimulus.
Oracle announced that it has entered into an agreement to acquire Responsys for $27 a share, or approximately $1.5 billion.
Dec 20- Oracle Corp, the world's No. 2 business software maker, said it would buy cloud-based marketing software maker Responsys Inc in a deal valued at $1.5 billion.
Dec 20- Oracle Corp said it would buy Responsys Inc in a deal valued at $1.5 billion as the world's No. 2 software maker beefs up its cloud offerings. Oracle's offer of $27 per share represents a premium of 38 percent to Responsys' Thursday closing. Responsys makes cloud-based software for businesses.
CNBC's Jim Cramer and Scott Wapner discuss Oracle's purchase of marketing company Responsys for $27 a share in cash.
*Oracle rallies after results; Red Hat up late. The Nasdaq declined slightly on weakness in tech shares, though its loss was limited by a rally in Oracle Corp shares a day after the company's results.
NEW YORK, Dec 19- The Dow ended Thursday's session at an all-time high- its second record close in a row- while the S&P 500 dipped as investors paused after a rally in the previous session. The Nasdaq slipped, pulled lower by tech shares. A rally in Oracle Corp, which jumped following its results, helped limit the Nasdaq's loss.
*Facebook off on plan to offer shares; results lift Oracle. NEW YORK, Dec 19- The Dow and the S&P 500 barely budged on Thursday as investors paused after a strong rally in the previous session that drove both indexes to record closing highs.
Street Signs co-anchor Brian Sullivan nailed Nikkei and Dow predictions last year but failed HP.
*Facebook to offer 70 mln shares, stock drops. *Target cyber breach hits 40 mln payment cards; stock falls.
CNBC's Josh Lipton reports on Oracle's better-than-expected quarterly gains and the software company's jump in bookings for cloud products.
*Facebook to offer 70 mln shares, stock drops. NEW YORK, Dec 19- U.S. stocks were set to open lower Thursday following data showing a rise in jobless claims, having hit record highs a day earlier after the Federal Reserve said the economy was strong enough for it to begin paring its massive stimulus.
Companies are making headlines before the bell Thursday.
Daniel Ives, senior analyst at FBR Capital Markets, comments on Oracle's earnings and says that there "seems to be brighter days ahead" for the group after a "real rocky" year.
Companies making headlines after the bell Wednesday:
Oracle is reporting Q2 EPS of $0.69 ex-items on revenue of $9.27 billion. Jon Najarian and Stephanie Link, provide perspective.
Oracle on Wednesday reported a 1 percent decrease in new software sales and Internet-based software subscriptions in its fiscal second quarter.
The Fed's surprise decision to slow down its bond buying program was greeted by markets as a sign the economy is improving, a longer term bearish omen for bonds but a positive for stocks for now.
It should be a slightly more hawkish Ben Bernanke presiding over his final meeting, even though many Fed watchers say odds are against a taper.
Traders are widely divided on what the Fed will do next week, which raises the odds for a volatile market reaction.