On Wednesday, Oracle Corporation (NYSE:ORCL)’s shares inclined 0.76% to $38.28.
Oracle Corporation (ORCL) declared fiscal 2016 Q1 results. The strengthening of the U.S. dollar contrast to foreign currencies had a significant impact on results in the quarter. Total Revenues were $8.4 billion, down 2% in U.S. dollars but up 7% in constant currency. Cloud plus On-Premise Software Revenues were $6.5 billion, down 2% in U.S. dollars and up 6% in constant currency. Total Cloud Revenues were $611 million, up 29% in U.S. dollars and up 34% in constant currency. Cloud software as a service (SaaS) and platform as a service (PaaS) revenues were $451 million, up 34% in U.S. dollars and up 38% in constant currency. Cloud infrastructure as a service (IaaS) revenues were $160 million, up 16% in U.S. dollars and up 23% in constant currency. Total On-Premise Software Revenues were $5.8 billion, down 4% in U.S. dollars but up 4% in constant currency. Total Hardware Revenues were $1.1 billion, down 3% in U.S. dollars but up 6% in constant currency. Total Services Revenues were $862 million, up 1% in U.S. dollars and up 10% in constant currency.
Operating Income was $2.7 billion and Operating Margin was 31%. Non-GAAP Operating Income was $3.5 billion and non-GAAP Operating Margin was 41%. Net Income was $1.7 billion while non-GAAP Net Income was $2.3 billion. Earnings Per Share was $0.40, while non-GAAP Earnings Per Share was $0.53. Without the impact of the U.S. dollar strengthening contrast to foreign currencies, Oracle’s stated Q1 GAAP and non-GAAP Earnings Per Share would have been 6 cents higher.
Oracle Corporation develops, manufactures, markets, sells, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.
Morgan Stanley (NYSE:MS)’s shares gained 0.10% to $34.62.
Morgan Stanley (MS) declared a regular dividend on the outstanding shares of each of the following preferred stock issues:
- Floating Rate Non-Cumulative Preferred Stock, Series A - $255.56 per share (equivalent to $0.25556 per Depositary Share)
- 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E - $445.31 per share (equivalent to $0.44531 per Depositary Share)
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series F - $429.69 per share (equivalent to $0.42969 per Depositary Share)
- 625 Percent Non-Cumulative Preferred Stock, Series G - $414.06 per share (equivalent to $0.41406 per Depositary Share)
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I - $398.44 per share (equivalent to $0.39844 per Depositary Share)
The dividends for the Preferred Stock Series A, C, E, F, G and I are payable on October 15, 2015 to stockholders of record at the close of business on September 30, 2015.
Morgan Stanley, a financial holding company, provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide. The company’s Institutional Securities segment offers financial advisory services on mergers and acquisitions, divestitures, joint ventures, corporate restructurings, recapitalizations, spin-offs, exchange offers, leveraged buyouts, takeover defenses, and shareholder relations, in addition to provides capital raising and corporate lending services.
At the end of Wednesday’s trade, AES Corp (NYSE:AES)‘s shares surged 0.45% to $11.17.
The AES Corporation (AES) was named to the Dow Jones Sustainability Index (DJSI) for North America for the second year in a row.
The DJSI is based on the Corporate Sustainability Assessment conducted by RobecoSAM. The annual assessment determines which companies are better equipped to respond to emerging opportunities and risks resulting from global sustainability trends.
For the first time this year, AES’ partner in Chile, AES Gener, take part in RobecoSAM’s annual Corporate Sustainability Assessment. AES Gener received the highest rating among all electric utilities for the Environmental Policy/Administration System category.
The AES Corporation operates as a diversified power generation and utility company. It owns and/or operates power plants to generate and sell power to customers, such as utilities, industrial users, and other intermediaries.
Shares of Caterpillar Inc. (NYSE:CAT), ended its Wednesday’s trading session with 1.43% gain, and closed at $75.65.
Caterpillar Inc. (CAT) Director of Investor Relations Rich Moore will speak at the 2015 Morgan Stanley 3rd Annual Laguna Conference on Thursday, September 17, 2015. He is planned to speak at 4:20 p.m. Pacific Time. No presentation materials will be accessible.
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide.
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