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ORCL

Oracle

$48.97

0.5 (1.03%)

15:40
01/08/18
01/08
15:40
01/08/18
15:40

Oracle says court affirms judgement on Rimini Street's copyright infringement

Oracle released a statement, saying, "We are pleased that the Court of Appeals affirmed the judgment on Rimini Street's infringement of all 93 of Oracle's copyrights in this case. Copyright infringement is at the core of Oracle's dispute with Rimini, and Court of Appeals affirmed all of the trial court's and the jury's findings that Rimini blatantly violated copyright law. We look forward to the trial court issuing a permanent injunction against Rimini for its egregious and illegal conduct."

ORCL Oracle
$48.97

0.5 (1.03%)

01/02/18
DRXL
01/02/18
NO CHANGE
Target $62
DRXL
Buy
Drexel Hamilton says buy Oracle dip as Information report seems like 'fake news'
Drexel Hamilton analyst Brian White believes that The Information's report claiming that Salesforce (CRM) and Amazon (AMZN) are moving away from using Oracle (ORCL) databases is inaccurate, he tells investors in a note entitled "AMZN and CRM to Dump Oracle? - Sounds Like Fake News to Us." The analyst, who said he would be a buyer of Oracle on weakness driven by the report, noted that there have been similar stories about Salesforce in the past that turned out to be false, as he believes is the case again here. He maintains a Buy rating and $62 price target on Oracle shares.
01/03/18
MSCO
01/03/18
UPGRADE
MSCO
Overweight
Oracle upgraded to Overweight from Equal Weight at Morgan Stanley
01/03/18
01/03/18
UPGRADE
Target $57

Overweight
Morgan Stanley gives five reasons to go long Oracle
As previously reported, Morgan Stanley analyst Keith Weiss upgraded Oracle to Overweight from Equal Weight, arguing that its current low valuation with cloud expectations diminished following its last three earnings reports presents "a tactical opportunity for old fashioned earnings growth to drive the shares higher." As five reasons to be long, Weiss points to: the database cycle being in "full swing"; expectations being reset for its SaaS applications; the fact that Oracle's effective tax rate is likely coming down; the positive impact of repatriation; and its current valuation looks inexpensive compared to the stock's historical ranges. Weiss raised his price target on Oracle shares to $57 from $50.
01/03/18
01/03/18
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. General Mills (GIS) upgraded to Neutral from Underweight at Piper Jaffray with analyst Michael Lavery saying he expects the company to use some of its tax reform benefit to increase "needed" brand investments. He sees the company posting 9%-10% average earnings growth over the next six quarters. 2. Ulta Beauty (ULTA) upgraded to Outperform from Market Perform at Wells Fargo with analyst Ike Boruchow saying he sees "compelling setup" for the shares in 2018 given the company's "material" tax benefit and potential for fundamental stabilization. 3. IBM (IBM) upgraded to Outperform from Sector Perform at RBC Capital with analyst Amit Daryanani citing the benefits of the mainframe cycle upgrade, a favorable FX backdrop for the first time in 3 years, recovery in hybrid IT spending leading to 1%-3% revenue growth, and attractive 11-times PE valuation. 4. Oracle (ORCL) upgraded to Overweight from Equal Weight at Morgan Stanley with analyst Keith Weiss arguing that its current low valuation with cloud expectations diminished following its last three earnings reports presents "a tactical opportunity for old fashioned earnings growth to drive the shares higher." 5. United Technologies (UTX) upgraded to Outperform from Sector Perform at RBC Capital analyst Deane Dray saying 2018 will mark the final year of margin pressure at the company's Pratt and Otis units which led to the recent underperformance. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$273.67

0.41 (0.15%)

12:03
05/22/18
05/22
12:03
05/22/18
12:03
Technical Analysis
Technical Take: SPDR S&P 500 ETF in middle of range at mid-session »

The SPDR S&P 500 ETF…

SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$273.67

0.41 (0.15%)

03/08/13
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HAS

Hasbro

$88.39

1.1 (1.26%)

, ATVI

Activision Blizzard

$71.45

(0.00%)

12:02
05/22/18
05/22
12:02
05/22/18
12:02
Hot Stocks
Hasbro, Activision Blizzard sign licensing agreement for Overwatch »

Hasbro (HAS) announced…

HAS

Hasbro

$88.39

1.1 (1.26%)

ATVI

Activision Blizzard

$71.45

(0.00%)

03/08/13
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JCP

J.C. Penney

$2.36

-0.145 (-5.79%)

, LOW

Lowe's

$86.43

-0.94 (-1.08%)

12:01
05/22/18
05/22
12:01
05/22/18
12:01
General news
On The Fly: Top stock stories at midday »

Stocks opened in positive…

JCP

J.C. Penney

$2.36

-0.145 (-5.79%)

LOW

Lowe's

$86.43

-0.94 (-1.08%)

KSS

Kohl's

$60.56

-4.91 (-7.50%)

MU

Micron

$59.33

3.85 (6.94%)

INTC

Intel

$54.45

0.13 (0.24%)

PLAB

Photronics

$9.05

0.6 (7.10%)

GSM

Ferroglobe

$11.87

0.52 (4.58%)

PSTG

Pure Storage

$21.75

-1.85 (-7.84%)

AZO

AutoZone

$611.74

-53.94 (-8.10%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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NVTA

Invitae

$7.41

0.1697 (2.34%)

11:55
05/22/18
05/22
11:55
05/22/18
11:55
Hot Stocks
Breaking Hot Stocks news story on Invitae »

ARK Investment reports…

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  • 12

    Jun

AWK

American Water

$80.80

0.3 (0.37%)

11:51
05/22/18
05/22
11:51
05/22/18
11:51
Hot Stocks
Illinois American Water invests approx. $430,000 in Ransom drinking water system »

Illinois American Water…

03/08/13
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NKE

Nike

$71.78

0.4 (0.56%)

11:50
05/22/18
05/22
11:50
05/22/18
11:50
Options
Notable spreads in Nike »

Notable spreads in Nike.…

03/08/13
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03/06/13
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  • 26

    Jun

XLE

Energy Select Sector SPDR

$79.27

0.4 (0.51%)

11:46
05/22/18
05/22
11:46
05/22/18
11:46
Technical Analysis
Technical Take: Energy Select Sector SPDR hits new 52-week high »

At time of writing the…

03/08/13
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BMRN

BioMarin

$85.71

-3.64 (-4.07%)

11:45
05/22/18
05/22
11:45
05/22/18
11:45
Recommendations
BioMarin analyst commentary  »

BioMarin 'raised…

03/08/13
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03/08/13
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03/06/13
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03/06/13
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  • 22

    May

  • 25

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  • 12

    Sep

DO

Diamond Offshore

$20.60

0.71 (3.57%)

11:45
05/22/18
05/22
11:45
05/22/18
11:45
Options
Diamond Offshore call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
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03/08/13
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ALB

Albemarle

$104.25

0.17 (0.16%)

11:41
05/22/18
05/22
11:41
05/22/18
11:41
Conference/Events
Albemarle management to meet with UBS »

Meeting to be held in…

03/08/13
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03/06/13
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  • 24

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  • 04

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    Jun

GIS

General Mills

$42.00

0.23 (0.55%)

11:40
05/22/18
05/22
11:40
05/22/18
11:40
Conference/Events
General Mills management to meet with UBS »

Meeting to be held in…

03/08/13
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03/06/13
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  • 24

    May

11:38
05/22/18
05/22
11:38
05/22/18
11:38
General news
4-Week Bill Auction Total Amount data reported »

4-Week Bill Auction Total…

11:38
05/22/18
05/22
11:38
05/22/18
11:38
General news
52-Week Bill Auction Bid/Cover data reported »

52-Week Bill Auction…

11:38
05/22/18
05/22
11:38
05/22/18
11:38
General news
52-Week Bill Auction Total Amount data reported »

52-Week Bill Auction…

MYND

MYnd Analytics

$2.66

-0.5 (-15.82%)

11:33
05/22/18
05/22
11:33
05/22/18
11:33
Syndicate
Breaking Syndicate news story on MYnd Analytics »

MYnd Analytics files to…

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AZO

AutoZone

$620.18

-45.5 (-6.84%)

11:32
05/22/18
05/22
11:32
05/22/18
11:32
Technical Analysis
Technical Take: AutoZone back near lows of the day »

After a brief bounce…

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  • 22

    May

TJX

TJX

$87.50

2.84 (3.35%)

11:30
05/22/18
05/22
11:30
05/22/18
11:30
Earnings
TJX sees Q2 revenue approx. $9B, consensus $8.47B »

Expects wage increases to…

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  • 22

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RCII

Rent-A-Center

$10.07

-0.14 (-1.37%)

11:30
05/22/18
05/22
11:30
05/22/18
11:30
Options
Notable ratio spread in Rent A Center »

Notable ratio spread in…

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TJX

TJX

$86.77

2.11 (2.49%)

11:28
05/22/18
05/22
11:28
05/22/18
11:28
Earnings
TJX sees FY19 revenue $37.7B-$37.9B, consensus $37.87B »

Expects pretax profit…

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  • 22

    May

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    May

TGT

Target

$76.39

-0.47 (-0.61%)

, AMZN

Amazon.com

$1,580.04

-5.51 (-0.35%)

11:27
05/22/18
05/22
11:27
05/22/18
11:27
Earnings
On The Fly: What to watch in Target's earnings report »

Target (TGT) is scheduled…

TGT

Target

$76.39

-0.47 (-0.61%)

AMZN

Amazon.com

$1,580.04

-5.51 (-0.35%)

WMT

Walmart

$84.33

-0.17 (-0.20%)

SHLD

Sears

$3.35

-0.29 (-7.97%)

JCP

J.C. Penney

$2.41

-0.1 (-3.99%)

KSS

Kohl's

$61.15

-4.32 (-6.60%)

W

Wayfair

$84.92

-0.6 (-0.70%)

TSLA

Tesla

$277.25

-7.24 (-2.54%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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11:25
05/22/18
05/22
11:25
05/22/18
11:25
Conference/Events
RBC commodity strategist to hold a luncheon meeting »

Group Luncheon Meeting,…

ONCE

Spark Therapeutics

$74.00

0.97 (1.33%)

, BMRN

BioMarin

$85.77

-3.58 (-4.01%)

11:21
05/22/18
05/22
11:21
05/22/18
11:21
Recommendations
Spark Therapeutics, BioMarin analyst commentary  »

Spark Therapeutics should…

ONCE

Spark Therapeutics

$74.00

0.97 (1.33%)

BMRN

BioMarin

$85.77

-3.58 (-4.01%)

03/08/13
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03/06/13
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03/06/13
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    Sep

ADSK

Autodesk

$138.56

1.05 (0.76%)

11:20
05/22/18
05/22
11:20
05/22/18
11:20
Options
Autodesk calls active ahead of earnings »

Autodesk calls active…

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  • 24

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TJX

TJX

$86.18

1.52 (1.80%)

11:17
05/22/18
05/22
11:17
05/22/18
11:17
Hot Stocks
TJX 'disproportionally' attracting millennial customers »

TJX "very…

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03/08/13
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03/06/13
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03/06/13
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  • 22

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    May

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
05/22/18
05/22
11:17
05/22/18
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is average for…

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