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Verizon and Motorola Bank on Next Droid Smartphone (MOT, VZ, GOOG, AAPL, S, RIMM)
Software, and now hardware, maker Oracle Inc. (NASDAQ: ORCL) releases fiscal fourth quarter earnings after markets close today. Analysts' earnings estimates for Oracle are that the company will report EPS of $0.54 on revenue of $9.5 billion. That's a nice boost from the year ago EPS of $0.46 for Oracle and revenues of $6.9 billion.
Will Oracle Beat Earnings Expectations? (ORCL, IBM, HPQ, SAP)
Software, and now hardware, maker Oracle Inc. (NASDAQ: ORCL) releases fiscal fourth quarter earnings after markets close today. Analysts' earnings estimates for Oracle are that the company will report EPS of $0.54 on revenue of $9.5 billion. That's a nice boost from the year ago EPS of $0.46 for Oracle and revenues of $6.9 billion.
Nike (NKE) Earnings Fail to Impress Stock Market
Nike, Inc. (NYSE: NKE) reported fourth quarter 2010 earnings after the market closed yesterday. Diluted EPS came in at $1.08, better than previous earnings estimates of $1.06, and up substantially from Nike earnings of $0.70 in the same period a year ago. Nike revenues for the quarter totaled $5.1 billion, up from $4.7 billion a year ago and in line with earnings report expectations.
Adobe Earnings Up, ADBE Stock Down
Adobe Systems Inc. (NASDAQ: ADBE) announced earnings last night after the markets closed and reported EPS of $0.44, excluding items, on revenues of $943 million. Analysts had been looking for EPS of $0.43 and $906 million in revenues.
Offshore Oil Drilling Moratorium Struck Down (APC, NE, RIG)
The Obama administration's moratorium on new deepwater drilling in the Gulf of Mexico has been overturned, and suspension of drilling at 33 exploration wells will be appealed. Interior secretary Ken Salazar also said that the administration plans to declare a new moratorium within a few days that would contain additional specific justification to impose the ban.
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