I’m hoping you have to go to a museum to see Oracle and SAP software, said a candid CEO during an interview with Cramer.» Read More
*JPMorgan slips; bank to pay regulators $920 million in penalties. *Agilent jumps, to spin off part of its business. "It's not unusual, no matter what the circumstance is, for markets after a big up day or a big down day to level out," said Keith Bliss, senior vice-president at Cuttone& Co in New York.
Big data is being disrupted. It's landing in the hands of the masses, cutting out traditional tech giant middlemen like Oracle and Microsoft.
*JPMorgan slips; bank to pay regulators $920 million in penalties. *Agilent jumps, to spin off part of its business. "People are reconsidering," said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois.
*JPMorgan slips, bank to pay regulators $920 million in penalties. *Agilent jumps, to spin off part of its business. NEW YORK, Sept 19- U.S. stocks dipped on Thursday a day after the S&P 500 hit a record high as the market ralled on the Federal Reserve's surprise decision to maintain its stimulus intact.
The bears, were beaten into submission on Wednesday, but the Fed served the masses two reminders and one thing to pay attention to going forward.
Brent Thill, UBS analyst, has the play on the software giant's cash flow/earnings story and provides an update on Microsoft.
The stock market "doesn't look so cheap," Berkshire Hathaway board member Meryl Witmer told CNBC on Thursday.
Some of the names on the move ahead of the open.
Brokerage Macquarie Equities Research raised its price target on the stock to $25 from $23 after the video game publisher racked up $800 million in first-day sales of Grand Theft Auto V, the fifth installment of the lucrative franchise that went on sale across the globe on Tuesday. **TRANSCEPT PHARMACEUTICALS INC, Wednesday close $3.59, up 9 pct after market.
Daniel Ives, managing director at FBR Capital Markets, talks about Oracle's results which saw a slight rebound but highlights that the group has a "few tough quarters ahead" before it sees brighter day.
SAN FRANCISCO, Sept 18- Oracle Corp forecast sales and profit for its second quarter that fell short of expectations as it continues to battle soft global IT demand and smaller rivals focused on providing software over the Internet.
Oracle delivered a cautious outlook, which it attributed to lackluster IT spending in the US and Europe. Shares fell after-hours.
Check out which companies are making headlines after the bell Wednesday:
*Sharply divided SEC issues release for public comment. *Another rule: SEC to oversee municipal financial advisers. The SEC declined to address the chief complaint by companies and trade groups who wanted corporations with global operations to be allowed to report median pay only for U.S. employees.
Stocks ripped higher to close near their best levels Wednesday, with the Dow and S&P 500 setting fresh highs, after the Federal Reserve surprised Wall Street by keeping its $85 billion-a-month bond-buying program intact.
SAN FRANCISCO, Sept 18- Oracle Corp said quarterly software sales and subscriptions grew in line with tempered forecasts, ending two straight quarters of misses and supporting expectations that enterprise tech spending may be on the mend.
SAN FRANCISCO, Sept 18- Oracle Corp said new software sales and Internet-based software subscriptions rose 4 percent to $1.7 billion in its fiscal first quarter, in line with its own forecasts. Oracle said on Wednesday that overall revenue rose 2 percent to $8.37 billion in the first quarter, which ended in August.
Dan Morgan, Synovus Trust, provides instant analysis to Oracle's earnings. "Oracle seems pretty fairly valued, and we are holding our position," he says.
Oracle is reporting Q1 EPS of $0.59 ex-items on revenue of $8.38 billion, with CNBC's Josh Lipton.
*Sharply divided SEC issues release for public comment. *Another rule: SEC to oversee municipal financial advisers. Among the companies with the highest-paid CEOs are Oracle, Walt Disney, Viacom and Starbucks, whose CEOs in 2012 earned between $28 million and $96 million, according to the compensation data provider Equilar.