Oregon's crippled Obamacare exchange is making moves that could remove primary vendor Oracle from future work.» Read More
Even with Christmas coming up--there's no holiday from big name earnings reports. Oracle is set to release their earnings after the bell today. Robert Schwartz is an analyst at Jefferies & Co. He was on "Squawk Box" with a preview.
U.S. stocks look set to spring higher, as of now, as the year end rally pulls in buyers and takeover activity supports prices. Japanese stocks closed at a seven month high ahead of tomorrow's rate decision by the Bank of Japan. European markets are flat to higher, helped by takeover activity.
Good morning. Our quote of the day comes from poet Emily Dickinson: "Forever is composed of nows." And now seems to be the time for more mergers (it is Monday after all). Some $80 billion in deals are reportedly on the table. We'll have all the details--including the Harrah's offer from Texas Pacific and Apollo.
This coming Monday will leave us just one week to go before Christmas--but there's still plenty of shopping ahead. CNBC-TV will be covering the retail sales picture for this last week. Britt Beemer is Chairman of America's Research Group and he'll be a guest on "Squawk Box" --and give a detailed analysis of the shopping scene....
Red Hat started trading on the New York Stock Exchange today, after seven years on the Nasdaq. President and CEO Matthew Szulik was on the floor of the Big Board talking to Mark Haines and Erin Burnett on “Squawk on the Street.” He seemed confident in his company despite Oracle’s move six weeks ago into the open-source software space...
Oracle boosted its offer for India's i-flex solutions by 42%, with the aim to buy an additional 35% of the banking software provider for $1.3 billion.
Stocks closed modestly lower as investors took a pause ahead of Friday's key employment report.