On Friday, Shares of Oracle Corporation (NYSEMKT:ORCL), lost -2.69% to $41.59.
Oracle Corporation, will host its annual Oracle Partner Network global kickoff event on June 23, 2015 at 9:00 a.m. PT.
Throughout the session, partners will hear from other top Oracle executives on the company’s strategy, direction and key areas of focus for fiscal year 2016. Speakers will comprise executive vice president of product development Thomas Kurian, and executive vice president of hardware John Fowler. Partners will also hear from renowned cloud expert and managing director of THINK strategies, Jeff Kaplan.
The event will highlight how partners can leverage new and existing OPN Enablement resources to enhance the expertise of their key team members. The interactive forum will provide partners an:
- Update on Oracle’s channel strategy and direction for fiscal year 2016
- Strategies on how to leverage Oracle’s Cloud portfolio, Oracle engineered systems, and Internet of Things technologies to differentiate themselves from the competition and drive better results for customers
- Overview of new OPN Enablement, specialization and incentive offerings
- Opportunity to submit questions via social media, which executives will answer live or online.
Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide. It provides software and hardware systems, and related services to manage their cloud-based or on-premise IT environments, in addition to deploy cloud software-as-a-service, platform-as-a-service, and infrastructure-as-a-service.
Shares of U.S. Bancorp (NYSE:USB), declined -0.31% to $44.64, during its last trading session.
On June 15, U.S. Bancorp, and the Minnesota Vikings declared a 20-year partnership for the exclusive naming rights of the Vikings’ new stadium. The declaration highlights two prominent and storied Minnesota institutions coming together with a focus on strengthening the economic and social well-being of the state and surrounding communities. Terms of the partnership were not revealed.
Described by architects as an authentic structure influenced by its Minnesota location, U.S. Bank Stadium exhibits a bold, progressive design and combines efficient functionality with stunning architecture. The stadium’s transparent ETFE roof, combined with the world’s largest pivoting glass doors and an entire glass wall that overlooks the downtown Minneapolis skyline, will give users an outdoor feel in a climate-controlled environment. As one of the most technologically-advanced stadiums in the country and boasting some of the NFL’s closest seats to the field, U.S. Bank Stadium will also provide an unprecedented game-day experience.
U.S. Bancorp, a financial services holding company, provides a range of financial services in the United States. It offers depository services, which comprise checking accounts, savings accounts, and time certificate contracts; and lending services, such as traditional credit products, in addition to credit card services, leasing, financing and import/export trade, asset-backed lending, agricultural finance, and other products.
Finally, Healthways Inc. (NASDAQ:HWAY), ended its last trade with -20.15% loss, and closed at $12.40, hitting its lowest level.
Alfred Lumsdaine, interim chief executive officer of Healthways, declared that the Company is revising its financial guidance for 2015. This revision is due to lower than predictable revenue from a single health plan contract, slower than predictable business development and implementation of Dr. Ornish’s Program for Reversing Heart Disease™ (Ornish Reversal Program), and slower than predictable business development of the Company’s Blue Zones Project by Healthways® (Blue Zones projects).
The Company now anticipates revenue for 2015 in a range of $770 million to $785 million contrast to a previous range of $800 million to $825 million and revenues of $742 million for 2014. The Company anticipates the resulting impact on EBITDA from this revenue reduction to be about $20 million at the mid-point of the revised revenue guidance range. EBITDA will be further reduced, as formerly declared, by about $5 million from compensation-related expenses associated with its CEO transition. Consequently the Company now anticipates EBITDA margin for 2015 in a range of about 8.0% to 8.5%.
“We feel it is prudent to revise 2015 guidance now, based on the three factors that have emerged since announcing our first quarter results and the CEO transition,” said Lumsdaine.
Healthways, Inc., together with its auxiliaries, provides population health administration solutions to assist people to enhance well-being and health. The company provides personalized solutions for individuals, irrespective of their health status, age, or paying sponsor.
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