InfoAnda - Overachiever Oracle faces high growth hurdles |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

No evidence of civilian casualties in southern Afghanistan: NATO | 27 July 2010
Doctor pleads not guilty in Michael Jackson's death | | 26 January 2011
'Frumpy' Obama will never be fashion victim | 22 July 2009

Germany finally feels loved with Eurovision win | | 30 May 2010

Forum Views () Forum Replies ()

Read more with google mobile : Overachiever Oracle faces high growth hurdles |

Edition: U.S. Article Comments (0) Paris Air Show Airbus set to unveil record plane order Secretive VIPs splash the cash on customized jumbos Ryanair boss sees China catching Airbus, Boeing Rolls-Royce, Qantas settle A380 engine dispute Southwest Air tops in service, others lag on fees Boeing rights a wrong: the flight attendant button Bombardier sees opportunity in Boeing indecision Plane Price Calculator: Find out how much jet orders are worth Video: Boeing, Airbus orders battle in Paris Slideshow: The Paris Air Show Follow Reuters Facebook Twitter RSS YouTube Read WRAPUP 5-Democrats push for jobs package in debt deal 22 Jun 2011 Women can't keep breast implants for life: FDA 22 Jun 2011 Tobey Maguire sued over poker winnings 22 Jun 2011 Obama moves toward exit from Afghanistan | 22 Jun 2011 UPDATE 2-No damage reported from Japan magnitude 6.7 quake 22 Jun 2011 Discussed 120 CBO sees government benefits swamping U.S. economy 48 Weiner tells friends he will resign: NY Times 48 IMF cuts U.S. growth forecast, warns of crisis Watched Hefner's revenge; Ryan Reynolds stops traffic Fri, Jun 17 2011 Airbus A380 damaged at Paris Air Show Mon, Jun 20 2011 Paris shows aviation innovation Wed, Jun 22 2011 Overachiever Oracle faces high growth hurdles Tweet Share this Email Print Related News Fed cuts growth forecast; no hint of more support Wed, Jun 22 2011 Wall Street slips on Fed's view, halts 4 days of gains Wed, Jun 22 2011 FedEx earnings rise, expects robust 2012 Wed, Jun 22 2011 Adobe sees weakness in Europe, shares dip Tue, Jun 21 2011 BlackBerry maker slashes forecast, shares tumble Thu, Jun 16 2011 Analysis & Opinion Jefferies’ results should have Wall Street quaking PNC’s $3.45 bln deal shows banks’ growth dilemma Related Topics Technology » The company logo is shown at the headquarters of Oracle Corporation in Redwood City, California February 2, 2010. Credit: Reuters/Robert Galbraith By Bill Rigby SEATTLE | Wed Jun 22, 2011 7:51pm EDT SEATTLE (Reuters) - Oracle Corp has a habit of beating Wall Street expectations, but some investors fear billionaire Larry Ellison's software and server juggernaut will find it hard to keep up its own pace when it reports earnings and sets new forecasts on Thursday. The world's No. 1 database software maker is facing wobbly economies across the world, especially in Europe, and might already have reaped the greatest gains from the purchase of Sun Microsystems 18 months ago. "It ain't easy to keep putting up those kinds of numbers," said Richard Williams at Cross Research, which has no holdings in Oracle. "The real question's going to be: Do they maintain the kind of growth rates they have been seeing? Or do we a see a slower growth rate implicit in first quarter guidance?" Oracle, based in Silicon Valley's Redwood Shores, has almost doubled sales and profit in the past five years, helped by a string of acquisitions. It has beaten Wall Street's average sales and earnings estimates for the last six quarters -- often by a good margin -- and topped annual estimates for the last five years. Aside from that stellar performance, technology investors pay attention to Oracle's quarterly earnings as its fiscal quarters are out of sync with most others and it is the first to give a glimpse of business conditions in the most recent months, in this case April and May. For Oracle's fiscal fourth quarter, ended May 31, analysts are expecting a 12 percent jump in sales, to about $10.75 billion, and an 18 percent leap in profit, to 71 cents per share. Several have hinted they expect those estimates to be beaten. But most are focused on the company's forecast of the current quarter's new software sales -- delivered in a conference call after the earnings report by Chief Financial Officer Safra Catz -- which are key to long-term growth. "I wouldn't be surprised if they forecast a little bit of disappointment going forward, talking down the analysts' estimates for revenue," said Kim Caughey Forrest, senior analyst at money manager Fort Pitt Capital Group, which holds Oracle shares. Investors may already have priced in some disappointment. Oracle's shares are down 10 percent since the end of April, compared with a 7 percent fall in the tech-heavy Nasdaq. It still trades at about 13.5 times expected earnings for the next 12 months, compared with an average of about 10.7 for its peers. WEAKNESS, DEALS AHEAD? Oracle, which vies with Germany's SAP AG and IBM Corp in selling specialized software to companies, and with Hewlett-Packard Co in server hardware, has been largely immune to persistently weak consumer sentiment since the U.S. recession ended two years ago. But a recent loss of momentum in the U.S. economic recovery and renewed fiscal woes in Greece put a question mark over continuing demand. Oracle's fiscal fourth quarter is usually its strongest, as it signs deals before its financial year end, but the current quarter is generally its weakest. Investors will have to judge how much of that weakness is more than cyclical. "In the last four quarters, Oracle has managed to be independent of the rest of the group," said Williams. "What we are looking for in the quarter is to what degree the first quarter will be seasonally weak." Software maker Adobe Systems Inc warned that lower-than-expected sales in Europe dragged on earnings this week, sending its stock down 6.5 percent on Wednesday. In the face of faltering economies, Oracle, which has spent more than $42 billion on acquisitions over the past six-and-a-half years might be ready to go back into the market to help keep up its growth rate. Eighteen months after Oracle's $5.6 billion deal to buy hardware maker Sun, which strongly boosted sales and provided a new set of clients to sell software to, the year-over-year comparisons are getting harder to match. "They haven't done a large acquisition in a while, that's why I'm assuming we're going to see a little leveling off in year-over-year gains going forward," said Forrest at Fort Pitt. Some potential targets mentioned by industry watchers include software companies Symantec Corp, BMC Software Inc and CA Techologies, formerly Computer Associates Inc. "We're getting closer to the point where they are going to have to do another deal," said Williams at Cross Research. (Reporting by Bill Rigby; editing by Andre Grenon) Technology Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 23 June 2011
Fannie Mae names new VP and CFO
G20 agriculture ministers formulate plan to address volatile global food prices
Four Pakistani majors questioned over Islamist links |
Miami bankers on fishing trip reel in 1,000 pound Mako shark
Mexican drug kingpin arrested at highway checkpoint
Surgery silences Venezuela's Chavez, controversy grows |
Pentagon preps for transition as Panetta confirmed as new defense secretary
U.N. says 73,000 flee Sudan border state fighting |
Three die in Peru as conflicts loom for Humala |
Online date meeting leads to brutal stabbing
AAA says fewer Americans plan to travel over July 4 holiday weekend
U.S. suspected former Mexican Attorney General was helping drug cartels
Hugh Miller averages 264, leads PBA Senior Northern California Classic
AMC's "Mad Men" inspires new Banana Republic collection
RIM's hub down, not out as BlackBerry maker sags, sacks |
UK teenager charged with hacking attacks: police |
Google eyeing further display ad acquisitions |
Dutch pass law to ensure open Internet access |
Online brawls may be fractious hackers' downfall |
Web hosting firm says FBI took servers in raid |
George Clooney is single again, rep says |
Jackass co-star was drunk when he died in car crash |
Country star Glen Campbell says he has Alzheimer's |
French prosecutor seeks $14,000 fine for Galliano |
Outrage propelled Galliano's rise and fall |
China artist Ai Weiwei stays quiet after freed on bail |
Syrian troops deploy on road to Turkish border |
Reports: Suns look to deal Steve Nash for Wolves No.2 pick
Indonesia bars workers travelling to Saudi after beheading |
Winklevoss twins end legal battle with Facebook
Wednesday winners Vera Zvonareva, Venus reach last 32 at Wimbledon
France says to begin gradual Afghan withdrawal |
Greek cabinet approves austerity measures; Debt default still possible
Dutch court acquits Geert Wilders of hate speech charges |
Rafael Nadal moves into third round at Wimbledon; seeds Chela, Raonic fall
Analysis: A debate over autonomy in Thailand's restive south |
Bruce Springsteen gives eulogy at Clarence Clemons funeral
NATO chief welcomes Obama decision to withdraw American troops
Surgery silences Venezuela's Chavez, controversy grows |
LPGA Favorite? How about Cristie Kerr in a repeat
Good Vibrations: Brandon Beachy fans 11 as Braves sweep Jays
Cal, South Carolina, Florida win in College World Series play
Apple may have tough road in Amazon lawsuit |
Winklevoss twins end appeal of Facebook settlement |
Apple removes Intifada app after Israeli request |
Overachiever Oracle faces high growth hurdles |
FBI targets two scareware rings in U.S., Europe |
Australia's $38 billion broadband plan clears last major hurdle |
Viacom, Time Warner Cable may settle iPad TV suits |
U.S. industry wary of EU action in tech goods spat |
Judge orders Lindsay Lohan back to court |
Tobey Maguire sued over poker winnings |
Hugh Hefner's aborted wedding becomes a TV special |
China artist Ai Weiwei stays quiet after freed on bail |
Galliano faces fine for drunk anti-Semitic insults |
Gospel music documentary a spiritual awakening |
NATO chief tries to repair cracks over Libya |
HHS scales back rules on health insurance appeals
Analysis: Bahrain reform dialogue faces a rocky start |
Michael David: 'My duty was cleaning guns and shining boots'
Tom Watson returns to En-Joie for first time since 1976
Venezuela's Chavez seen strong but not home soon |
Minister's resignation highlights Jordan's tense relations with media
Yemeni president not returning home soon |
Sean Kingston released from hospital after watercraft accident
Ducks’ Perry (MVP), Bruins’ Thomas (Vezina) highlight NHL awards
Iraq's Maliki wants to downsize government |
Lohan could be headed for jail after testing positive for alcohol
Iran arrests Ahmadinejad ally: report |
J.K. Rowling expands world of Harry Potter with new interactive website
Bangladesh ethnic communities protest Islamization of constitution
Afghan court overturns 25 percent of parliament poll |
U.S. to release oil from Strategic Petroleum Reserve
ICRC demands Hamas provide proof Shalit alive |
IMF says identified files copied in cyber attack |
Winklevoss twins end appeal of Facebook settlement |
Yahoo board chairman voices support for CEO Bartz |
Supreme Court strikes down state drug data mining law |
Ukraine says breaks up global hacker ring, banks targeted |
British teenager detained over cyber hacking |
Harry Potter ebooks are on the way, but no sequel |
Harry Potter ebooks are on the way, but no sequel |
Supreme Court rules against Anna Nicole Smith estate |
Buck brings real Horse Whisperer to movie screens |
Reggae singer Banton gets 10-year prison sentence |
A new temple to Wagner on the Danube, not Rhine |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01