ADVFN - Advanced Financial Network.
HOME» NASDAQ » O » ORCL Stock Price » ORCL Stock News

Oracle Share News

 Oracle (mm) Stock Price
ORCL Stock Price
 Oracle (mm) Stock Chart
ORCL Stock Chart
 Oracle (mm) Stock News
ORCL Stock News
 Oracle (mm) Company Information
ORCL Company Information
 Oracle (mm) Stock Trades
ORCL Stock Trades

TECH STOCKS: Techs Slip, But Nasdaq Ends Quarter Up 19%

By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- Technology stocks slid late Friday, weighed down by losses in shares of Apple Inc. and Internet companies, but the Nasdaq Composite Index ended the first quarter with solid gains. Apple Inc. (AAPL) shares slipped 1.7% to close at $599.55. On Thursday, the Fair Labor Association, of which Apple is a member, announced that the company's manufacturing partner Foxconn had agreed to make significant changes to the way it operates factories in China. The Nasdaq (RIXF) dipped about 4 points, or 0.1%, to close at 3,092. The benchmark ended the quarter up 19%. Also in the red on Friday were shares of Internet giants, led by Google Inc.(GOOG) , Amazon.com(AMZN) , AOL Inc. (AOL) , Yahoo Inc.(YHOO) and eBay Inc. Shares of Intel Corp. (INTC) slid 0.2% to close at $28.11, one of the top decliners on the Dow Jones Industrial Average (DJI) which ended the session up 66 points. Shares of Micron Technology (MU) also sank nearly 4% to close at $8.10, one of the top decliners on the S&P 500 (SPX) which gained 5 points or 0.4%. The Philadelphia Semiconductor Index (SOX) also advanced, gaining 0.4%. The tech sector got a lift from Hewlett-Packard (HPQ) as the stock rose 1.4% to close at $23.83, the second highest gainer on the Dow. Also rising were shares of Research In Motion (RIMM) , which added 7% to close at $14.70 a day after the maker of the BlackBerry devices posted a loss and announced changes to its management team and board. However, some analysts saw the company still facing serious challenges, including stiffening competition from Apple. "We continue to be cautious on RIM as we believe the company's integrated strategy continues to greatly lag Apple's," Wedbush analyst Scott Sutherland said in a note. "While Apple is moving forward with iCloud and other connected devices, RIM continues to focus on its [operating system] and device upgrades in smartphones and tablets." The tech sector was also weighed down by losses in software stocks, including Oracle Corp. (ORCL) , Adobe Systems Inc. (ADBE) , Salesforce.com (C) and Red Hat Inc. (RHT). Shares of Tibco Software Inc. (TIBX) were down 6% closing at $30.50 after the infrastructure software developer reported a jump in profit, but one that was not as impressive as in recent quarters. "The results were generally in line with expectations following several quarters of strong beats," BMO Capital analyst Karl Keirstead said in a note. "The total revenue growth guidance of 13% in fiscal second-quarter 2012 would be the first time in two years that growth would be below 20%; the 10% growth rate in the Americas was the lowest in over two years."

Stock News for Oracle (ORCL)
DateTimeHeadline
07/12/201311:38:08TECH STOCKS: Microsoft, Dell Slip; Netflix Leads Tech Gains
07/09/201311:33:10TECH STOCKS: Dell, Facebook, Priceline Boost Tech Stocks
07/08/201315:56:06TECH STOCKS: Dell, Facebook Up, But Intel Is In The Red
07/03/201313:26:03TECH STOCKS: Tech Stocks Keep Gains Ahead Of Break
07/03/201312:40:06TECH STOCKS: Apple, Microsoft, Facebook Boost Tech Stocks
06/27/201316:29:06TECH STOCKS: Microsoft Gains Stand Out As Techs Advance
06/27/201311:30:22TECH STOCKS: Microsoft, Yahoo Among Tech Advancers
06/25/201317:18:07TECH STOCKS: Yahoo, Pandora Rise In Broad Tech Gains
06/25/201314:14:37TECH STOCKS: Oracle Slips, Pandora Jumps As Techs Rise
06/25/201310:37:59Oracle Strikes Deal With Salesforce.com to Integrate Clouds
06/21/201316:47:21MARKET SNAPSHOT: U.S. Stocks Edge Up Friday, But Post Weekly...
06/21/201316:34:31TECH STOCKS: Facebook Rises; Oracle, Zynga Weigh On Techs
06/21/201315:01:10MARKET SNAPSHOT: U.S. Stocks Waver After Selloff; Oracle Sinks
06/21/201314:01:27MARKET SNAPSHOT: U.S. Stocks Turn Mostly Higher; Oracle Sinks
06/21/201312:28:24MARKET SNAPSHOT: U.S. Stocks Turn Red As 10-year Yield Hits 2.5%
06/21/201312:26:27EUROPE MARKETS: Europe Stocks Post 2013 Low On Fed, Greece Woes
06/21/201311:28:33MARKET SNAPSHOT: U.S. Stocks Erase Gains As Oracle Sinks
06/21/201310:52:32TECH STOCKS: Facebook Rises, But Oracle Weighs On Techs
06/21/201310:06:45MARKET SNAPSHOT: U.S. Stocks Gain After Two-day Pummeling
06/21/201309:11:12U.S. HOT STOCK FUTURES: HOT STOCKS TO WATCH

Oracle and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad