Wednesday, November 24, 2010

Oracle Gains Marginally; Announces The Receipt Of $1.3 Billion In Damages From SAP

Oracle Corporation (NASDAQ:ORCL) shares are currently trading at $27.67, a gain of 1.77% from previous closing price of $27.19. The company's shares have 52-week trading range of $29.82 – $21.24. The stock is trading at volume of 3.12 million shares. The market capitalization of the company is $139.07 billion. The daily average volume of stock is 38.48 million shares. The 1-year target estimate is $32.00. Recently, the company was awarded $1.3 billion in damages due to SAP allegedly stealing a stockpile of software and customer-support documents from password-protected Oracle websites. Oracle Corporation develops, manufactures, markets, distributes and services database and middleware software, applications software and hardware systems, consisting primarily of computer server and storage products. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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