Tag Archives: orcl

Manhattan Beats Earnings Estimates, Raises Outlook

Manhattan Associates continues to maintain a firm grip on warehouse management. The enterprise software company late Tuesday reported first-quarter earnings that soundly beat analyst estimates as it staves off meaningful competition from larger rivals Oracle (ORCL) and SAP (SAP) and others in the warehouse management software market. Manhattan Associates (MANH) also raised its guidance for the year that easily beat views. Shares fell about 2% in

Oracle Shift To Cloud Gets Upgrade, Criticism

Oracle’s (ORCL) transition to selling more cloud software won an upgrade from one investment bank, but another said Oracle is cutting costs to make sales. RBC Capital Markets analyst Ross MacMillan on Monday raised his rating on Oracle stock to outperform from sector perform, based on improving expectations for the company’s cloud business and its 12c database released in 2013. MacMillan also raised his price target on Oracle stock to 50 from 48.

Oracle Making Progress Taking On Workday In Cloud

Oracle (ORCL) is gaining some ground on Workday in cloud HR software, as the legacy software giant continues to transition more toward the cloud. So says Rick Sherlund, an analyst for Nomura Securities, in a research report Friday after attending Oracle’s HCM World conference in Washington, D.C., on Thursday. HCM stands for human capital management, the more encompassing name for human resources. Oracle, the No. 1 database software provider, has