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Friday 3 July 2015
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Stocks in Focus - Oracle Corporation, (NYSE:ORCL), Delta Air Lines, (NYSE:DAL), Danaher, (NYSE:DHR)

On Friday, Shares of Oracle Corporation (NYSE:ORCL), lost -0.17% to $40.99.

Oracle OpenWorld Latin America – Oracle is committed to assisting companies throughout Latin America embrace cloud computing to reduce IT complexities and boost productivity. As part of this effort, Oracle plans to open its new data center in Campinas, São Paulo in August of this year.

This state-of-the-art facility also supports growing demand for Oracle’s comprehensive cloud portfolio and was designed to assist customers embrace Oracle Cloud Software as a Service (SaaS) offerings. Oracle Cloud SaaS applications are best-of-breed and integrated with social, mobile, and analytic capabilities to assist companies deliver the experiences customers expect, the talent to succeed, and the performance the market demands.

“This new data center in Brazil signals our commitment to assisting companies in Latin America fully embrace cloud computing, modernize their business and become the leaders in their industry,” said Oracle CEO Mark Hurd. “This is great news for our customers throughout Latin America who are ready to capitalize on the region’s growing economy and take advantage of the unlimited possibilities cloud computing offers.”

Oracle Corporation develops, manufactures, markets, hosts, and supports database and middleware software, application software, cloud infrastructure, hardware systems, and related services worldwide.

Shares of Delta Air Lines, Inc. (NYSE:DAL), declined -0.59% to $42.35, during its last trading session.

Delta Air Lines, has inked a new three-year deal with Chelsea Football Club as the club’s official airline sponsor, again bringing together two major international brands.

Delta and Chelsea FC, the English Premier League and Capital One Cup champions, first joined forces in 2012 and since then have worked together to bring the airline’s 170 million annual passengers closer to the club. Chelsea players have joined Delta customers and employees in numerous events around the world showcasing Delta’s products and services and shared global scope.

“Chelsea Football Club and Delta are both winning brands and since the partnership began three years ago, both have gone from strength to strength,” said Perry Cantarutti, Delta’s Senior Vice President – Europe, Middle East and Africa. “We look forward to another three great years and to working with the club in promoting their activities in the United States.”

Chelsea’s Managing Director, Christian Purslow, added: “We are delighted to be entering into a new phase of our partnership with Delta Air Lines, the world’s biggest airline. Rated by Fortune magazine as one of the world’s most admired companies Delta Air Lines has the profile, reach and reputation which fit perfectly with our strategy of partnering with a small group of world-class companies.

Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.

Finally, Danaher Corp. (NYSE:DHR), ended its last trade with 0.39% gain, and closed at $85.76.

Danaher Corporation, declared that it has amended and extended by one business day its offer to exchange all outstanding common units of Potomac Holding LLC, a Danaher partner formed to hold Danaher’s Communications business, for outstanding shares of Danaher common stock that are validly tendered and not validly withdrawn. The split-off transaction is in connection with the formerly declared combination of Danaher’s Communications business with NetScout Systems, Inc. (NTCT).

Danaher is amending the offer by:

  • increasing the upper limit on the exchange ratio to 2.4000 Potomac Holding LLC common units per share of Danaher common stock tendered from 2.2522 Potomac Holding LLC common units per share of Danaher common stock tendered; however, the final exchange ratio may be less than the upper limit;
  • extending the Exchange Offer’s expiration to 12:00 midnight, New York City time, on July 9, 2015, unless extended or terminated, from July 8, 2015; and
  • amending the current predictable three-day period over which the final exchange ratio will be determined to July 7, 8 and 9, 2015 (which formerly was predictable to be July 6, 7 and 8, 2015).

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company’s Test & Measurement segment provides test, measurement, and monitoring products that are used in electronic design, manufacturing, and technology development; hardware and software solutions to deploy, manage, and secure communication network technologies and services; and tools, toolboxes, and automotive maintenance equipment.

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