Tag Archives: orcl

Oracle Hikes Online Marketing Cloud With Datalogix

Oracle (ORCL) is making another thrust to compete better with Salesforce.com and others in the data marketing cloud field. The enterprise software giant said on Monday that it’s agreed to acquire Datalogix, which makes software for connecting consumer spending to digital marketing in order to help companies measure and increase the effectiveness of their ad programs. Terms weren’t disclosed. But in a research report Monday, Brian Wieser, an

Oracle Stock Rises On Q2 Cloud Business Growth

Oracle (ORCL) stock was up 8% in morning trading Friday, at a more than 14-year high, as the growth in the longtime software leader’s cloud business buoyed investors. Late Wednesday, Oracle posted a 45% rise for its cloud business in the quarter ended Nov. 30. Overall, revenue rose 3% and earnings per share minus items were flat, both beating Wall Street expectations. Oracel stock was near 44.50 in morning trading on the stock market today. Shares

Oracle Cloud Growth Helps Q2 Revenue Top Estimates

The Oracle growth story is showing some progress. The enterprise software company late Wednesday reported earnings and revenue that beat analyst estimates for its fiscal Q2, as the company’s fledgling cloud business continues to grow as new software licenses decline. The company’s outlook for the current quarter appeared to be light, but that didn’t bother investors. Oracle (ORCL) stock was up 4% in after-hours trading, after the company released