On Thursday, Shares of Oracle Corporation (NYSE:ORCL), lost -1.07% to $39.
Oracle Corporation declared Oracle Database In-Memory has been certified by SAP for use with SAP solutions based on the SAP NetWeaver® 7.x technology platform. Customers can use SAP applications together with Oracle Database In-Memory to perform real-time data analytics together with real-time transaction processing on their existing applications, by adding SAP tables into the in-memory column store. This continues the longstanding partnership between Oracle and SAP to meet the demand from customers to run SAP software together with Oracle technologies. Earlier this year, SAP certified Oracle Database 12c, Oracle Exadata Database Machine X5-2, and Oracle Exalogic Elastic Cloud X5-2 for use with SAP solutions.
Oracle Database In-Memory was released by Oracle a year ago. In its first year, sales have been nearly triple that of all new Oracle Database 11g options combined during their first year. Customers are delighted by the ease of adoption and potential performance gains delivered by Oracle Database In-Memory.
Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.
Shares of Fortune Brands Home & Security, Inc. (NYSE:FBHS), inclined 6.54% to $47.07, during its last trading session.
Fortune Brands Home & Security declared second quarter 2015 results from ongoing operations and updated its 2015 annual outlook for earnings per share.
Second Quarter 2015
For the second quarter of 2015, sales were $1.17 billion, an enhance of 13 percent over the second quarter of 2014. Earnings per share were $0.48, contrast to $0.51 in the preceding-year quarter. EPS before charges/gains were $0.59, contrast to $0.51 the same quarter last year. Operating income was $128.2 million, contrast to $125.5 million in the preceding-year quarter. Operating income before charges/gains was $150.5 million, contrast to $125.6 million the same quarter last year.
“In the second quarter, sales raised 13 percent for the total company and 17 percent for the U.S. businesses. Importantly, operating income before charges/gains grew 20 percent, with solid performance across all operating segments,” Klein said.
For each segment in the second quarter of 2015, contrast to the preceding-year quarter:
- Cabinet sales raised 18 percent to the preceding year. Not taking into account the impact of the Norcraft acquisition, sales raised 8 percent, with the dealer channel growing 10 percent and in-stock cabinet and vanities increasing high teens.
- Plumbing sales raised 5 percent, with growth across the U.S. wholesale and retail channels, offset somewhat by the impact of Canadian currency and slower China sales.
- Door sales were up 6 percent with growth in both the wholesale and retail channels.
- Security sales raised 28 percent driven by the SentrySafe acquisition.
Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, security applications, and storage. It operates in four segments: Cabinets, Plumbing, Doors, and Security.
Finally, Canadian National Railway Company (NYSE:CNI), ended its last trade with -1.28% loss, and closed at $60.22.
Canadian National Railway Company declared that its Board of Directors has approved a third-quarter 2015 dividend on the Company’s common shares outstanding. A quarterly dividend of thirty-one-and-one-quarter cents (C$0.3125) per common share will be paid on Sept. 30, 2015, to shareholders of record at the close of business on Sept. 9, 2015.
Canadian National Railway Company, together with its auxiliaries, engages in rail and related transportation business in North America.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties, which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified with such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.