Oracle Corporation (NASDAQ:ORCL) is scheduled to release its Q414 earnings data on Thursday, June 19th. Analysts expect Oracle to post earnings of $0.95 per share and revenue of $11.48 billion for the quarter. Oracle Corporation (NYSE:ORCL) net profit margin is 29.30% and weekly performance is -0.80%. On last trading day company shares ended up $42.32. Analysts mean target price for the company is $43.10. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is 2.86%.
Adobe Systems Incorporated (NASDAQ:ADBE) the maker of Photoshop and Acrobat software, reported better-than-expected quarterly profit and revenue, helped by higher subscription sales of its Creative Cloud and Marketing Cloud suites. Adobe’s shares rose 8.6 percent in after-hours trading. The company’s net income rose to $88.5 million, or 17 cents per share, in the second quarter, from $76.5 million, or 15 cents per share, a year earlier. Adobe Systems Incorporated (NASDAQ:ADBE) shares fell -0.12% in last trading session and ended the day on $67.54. ADBE gross Margin is 85.70% and its return on assets is 2.60%.Adobe Systems Incorporated (NASDAQ:ADBE) quarterly performance is -1.43%.
Amazon.com, Inc. (NASDAQ:AMZN) a company of seemingly boundless ambition, appears to be venturing into yet another market: Smartphones. The corporate juggernaut that started out with books and soon moved into music, video, cloud computing and Kindle e-readers is hosting a launch event in Seattle, and media reports indicate the product will be an Amazon phone perhaps one with multiple cameras that can produce 3D photos. Amazon.com, Inc. (NASDAQ:AMZN) shares moved down -0.61% in last trading session and was closed at $325.62, while trading in range of $325.23 – $331.34. Amazon.com, Inc. (NASDAQ:AMZN) year to date (YTD) performance is -18.35%.
Siemens AG (ADR) (OTCMKTS:SIEGY) and Mitsubishi Heavy Industries Ltd. (7011) chief executives officers argued their case for a joint purchase of Alstom SA’s energy operations, saying their bid trumps an offer from General Electric Co. as they push to secure backing for their proposal from the French government. Siemens AG (ADR) (OTCMKTS:SIEGY) ended the last trading day at $134.44.
The owner of four Southern California car dealerships is suing Mitsubishi Motors (OTCMKTS:MMTOF) North America and its credit arm, alleging that they forced the dealerships to stock more vehicles than they could sell and subsequently charged them millions of dollars in extra financing costs. On last trading day company shares ended up $10.72.
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