Wednesday, September 16, 2009

Oracle software sales miss target - NEWS.com.au


Oracle software sales miss target
NEWS.com.au
They fell another 2.7 per cent in after-hours trading. Total revenue -- which includes software sales as well as fees for maintenance of previously purchase ...


Oracle Software Sales Miss Target - New York Times


Oracle Software Sales Miss Target
New York Times
They fell another 2.7 percent in after-hours trading. Total revenue -- which includes software sales as well as fees for maintenance of previously purchase ...

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AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

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Oracle meets profit forecasts but revenue down - Contra Costa Times


Oracle meets profit forecasts but revenue down
Contra Costa Times
It fell further, to $21.56, in after-hours trading. Oracle is one of the world's biggest sellers of database software, middleware and applications that ...

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AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

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Jim Cramer Would Buy KMP, L And CVD - Benzinga


Jim Cramer Would Buy KMP, L And CVD
Benzinga
Loews (L) closed up 2.79% at $35.34, but than dropped 2.90% in after hours trading. Covance Inc. (NYSE: CVD) is another Cramer's pick. ...


Eastman Kodak to raise up to $700 million capital - The Associated Press


Eastman Kodak to raise up to $700 million capital
The Associated Press
Shares of Kodak fell 26 cents, or nearly 4 percent, to $6.42 in after-hours trading. During the regular session, they rose 29 cents, or 4.5 percent, ...

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Rigel Pharma to sell 6M shares in public offering - The Business Insider


Rigel Pharma to sell 6M shares in public offering
The Business Insider
Shares of Rigel fell 44 cents, or 5.7 percent, to $7.22 in after-hours trading following the announcement of the offering. During the regular session, ...

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AFTER THE BELL-Oracle shares fall after earnings - Reuters UK


AFTER THE BELL-Oracle shares fall after earnings
Reuters UK
NEW YORK, Sept 16 (Reuters) - Shares in Oracle Corp (ORCL.O) fell 2.8 percent to $21.50 in extended trade on Wednesday after the company posted ...

and more »

Adobe channels its inner Larry Ellison - CNN


Adobe channels its inner Larry Ellison
CNN
In after-hours trading Omniture shares soared, up almost 25% on the news. That's about the premium that Adobe is paying for shares of the Orem, ...

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Elevated Stock/Options Volume Ahead of Oracle Earnings (ORCL)

Oracle Corp. (NASDAQ: ORCL) has already seen 150% of a full average daily trading volume ahead of today’s earnings and it is not even 1:00 PM EST.  As of 12:35 AM EST we have seen almost 43 million shares trade hands and the average volume is about 29.7 million shares.  Shares are also down 2.4% at $22.13.  We are also seeing high put and call trading in options contracts…. Here are today’s CALL and PUT trading for SEPT-2009 options which expire in just over 48 hours from today’s close:

CALL$    Vol.   Op. Int.
21.00    4,023    14,365
22.00    6,842    39,815
23.00    7,080    25,522
PUT$$     Vol.    Op.Int.
20.00    1,146    17,162
21.00    1,904    20,924
22.00    3,751    12,500
23.00    9,120    29,918

A full earnings preview with chart and options trading expectations is available at 24/7 Wall Street.

Jon C. Ogg
September 16, 2009


Flextronics & Cramer Shine on EMS (FLEX, CLS, SANM, JBL)

Flextronics International Ltd. (NASDAQ: FLEX) is surging this morning after a Jim Cramer tout last night on CNBC’s MAD MONEY after he said that the EMS operation is trading at just 12 times 2011 earnings and said he’s a buyer of FLEX.  At 9:02 AM EST we have shares trading up 9% at $7.54 on almost 300,000 shares.  Average volume is close to 9 million shares and the 52-week high here is $8.23.  While this is not a 52-week high it is a high that has not been seen since OCT-2008.  If this one ramps too much, we’d look for gains elsewhere in EMS rivals like Celestica Inc. (NYSE: CLS), Sanmina-SCI Corp. (NASDAQ: SANM) and Jabil Circuit Inc. (NYSE: JBL).  -JON OGG


Omniture Leads All in Volume (OMTR, ADBE)

Omniture, Inc. (NASDAQ: OMTR) is the pre-market leader after getting acquired by Adobe Systems, Inc. (NASDAQ: ADBE).  This one closed at $17.33 yesterday and is up almost 25% at $21.60 on pre-market volume of over 4 million shares as of 8:56 AM EST.  As this is a buyout, that is of little surprise.  But acquirer Adobe also reported that its profit fell by 29% and revenue fell by about 21% last quarter based on weak demand for its traditional software.  We have Adobe down almost 5% at $33.90 on almost 200,000 shares versus an average day’s trading volume of $6.7 million shares.  The 52-week high for Adobe is $45.26. -JON OGG


BEFORE THE BELL: US Stk Futures Up; Focus On Economy - Wall Street Journal


BEFORE THE BELL: US Stk Futures Up; Focus On Economy
Wall Street Journal
Shares rose 5.9% to $28.60 in after-hours trading. Littlefuse Inc. (LFUS) boosted its third-quarter forecast, citing better-than-expected demand for its ...

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Wall Street Breakfast: Must-Know News - Seeking Alpha


Wall Street Breakfast: Must-Know News
Seeking Alpha
In after hours trading, ADBE -4.15%, OMTR +25.1%. (Read Omniture's press release) BNY Mellon settles Russian lawsuit. Bank of New York Mellon (BK) reached ...

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Adobe to acquire Omniture in a $1.8 billion deal - TopNews United States


TopNews United States

Adobe to acquire Omniture in a $1.8 billion deal
TopNews United States
In the after-hours trading, Utah-based Omniture witnessed its shares soar above the offer price of $21.50 to settle at $21.67.

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Traders Buy Joy Global Upside Options - TheStreet.com


Traders Buy Joy Global Upside Options
TheStreet.com
Shares of Joy Global ended Tuesday up 4.3% to $45.15 and gained another 33 cents in after-hours trading. The company is scheduled to make its appearance at ...

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$1.8B deal may mean Omniture expansion - Salt Lake Tribune


$1.8B deal may mean Omniture expansion
Salt Lake Tribune
Omniture's shares finished at $17.32 Tuesday, then soared $4.47, or 25.8 percent, to $21.79 in after-hours trading. Adobe's shares took a hit in after-hours ...

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