Conservative · Stocks to Consider and Updates

Oracle Reports Earnings In Line on Revenue Miss; Ups Share Buybacks

For the first fiscal quarter, Oracle Corp. (NYSE: ORCL - $53.37) posted revenue of $9.22 billion, up slightly from a year ago and a hair below consensus at $9.29 billion. Adjusted earnings per share came in at $0.81 compared to $0.71 last year and in line with expectations. Oracle had projected earnings for the quarter… Continue reading Oracle Reports Earnings In Line on Revenue Miss; Ups Share Buybacks

Weekly Update

Week in Review

Equities advanced early in the week as traders awaited comments from Federal Reserve chairman Jerome Powell at the central bank convention in Jackson Hole, Wyoming. Powell stuck to his message to “act as appropriate to sustain the (economic) expansion”. Markets reacted positively until Friday, when the Chinese imposed new tariffs on $75 billion of U.S.… Continue reading Week in Review