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Thursday 2 July 2015
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Morning Movers to Watch: Oracle Corporation, (NYSE:ORCL), Semtech Corporation, (NASDAQ:SMTC), Harmony Gold Mining Company Limited, (NYSE:HMY)

During Wednesday’s Morning trade, Shares of Oracle Corporation (NYSE:ORCL), gained 0.15% to $40.36.

Adding a key new piece to the rich Oracle Customer Experience (CX) applications portfolio, Oracle (NYSE: ORCL) unveils Oracle Commerce Cloud, a flexible and scalable SaaS solution built for the Oracle Public Cloud. Oracle Commerce Cloud features the latest commerce technology and is designed to ignite business innovation and rapid growth, while simplifying IT administration and reducing costs.

Oracle Commerce Cloud’s modern SaaS infrastructure emphasizes simplicity, allowing online businesses to quickly launch feature-rich, responsive storefronts across desktop and mobile devices without sacrificing features or brand control. No longer limited by cookie-cutter site options, marketers and merchants get a fully responsive, configurable storefront out-of-the-box with pre-integrated core commerce features counting: search / navigation, recommendations, promotions, reporting, payments, design templates and SEO. Catalog, content, design and merchandising administration is all at the business’ fingertips in a unified experience administration console.

“Commerce Cloud is a new, differentiating piece of the broader Oracle CX cloud applications portfolio and assists ensure online businesses no longer have to worry about deploying code, upgrading, and managing day-to-day infrastructure,” said Ken Volpe, senior vice president, product development, Oracle. “Online businesses can focus on building customer experiences that drive innovation and growth, and an automatically responsive user interface gives brands a limitlessly configurable storefront with proven features predictable from the commerce experts.”

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 Semtech Corporation (NASDAQ:SMTC), inclined 1.74% to $20.20, during its current trading session.

Semtech Corporation, declared the deployment of Senet’s nationwide LoRaWANTM network, based on Semtech LoRaTM technology, for Internet of Things (IoT) applications. Senet has accomplished the deployment of 50 towers with network coverage of more than 15,000 square miles. Three towers are in Silicon Valley to enable application development by major corporations and start-ups in the area that plan to connect to their network.

Senet deployed the network to serve customers of its EnerTrac partner—to optimize propane and heating fuel delivery and inventory—and is now opening the network to other IoT application verticals such as agriculture, smart parking, building administration, supply chain administration, water metering, water leak detection, industrial asset tracking and healthcare. Senet offers low-cost connectivity in existing deployed areas and deploys/manages the networks in other areas that desire LPWAN connectivity.

“We plan to rapidly scale our deployment in North America with more than 200 base stations in 2015 and aggressive aims for deployment in 2016,” said George Dannecker, CEO of Senet.

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products. The company provides protection products comprising filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; power products, counting switching voltage regulators, combination switching and linear regulators, smart regulators, and charge pumps that control, alter, regulate, and condition the power within electronic systems.

Finally, Harmony Gold Mining Company Limited (NYSE:HMY), lost -0.37%, and is now trading at $1.34, despite Gold prices were fractionally higher on the London spot market Wednesday, after Greece defaulted on its debt repayment to the International Monetary Fund.

Spot gold was up 0.1% at $1,173.73 a troy ounce in morning European trade. WSJ Reports.

Harmony Gold Mining Company Limited is engaged in the exploration and mining of gold in South Africa and Papua New Guinea. The company also explores for silver, copper, and molybdenum. It has 10 underground operations located on the Witwatersrand Basin; 1 open-pit mine exploiting the Kraaipan Greenstone Belt; and various other surface operations in South Africa.

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