16.03.2016 - Oracle Corp announced revenue decline

American Oracle Corp reported a decrease in revenue in Q3, against the negative impact of foreign currency changes, which leveled a positive effect from the fast-growing business. The company also announced additional 10 billion dollars for the share repurchases. Proceeds from the cloud services rose to 735 million dollars in the last quarter, which is 40% better than for the same period last year. It is worth mentioning that during the quarter, which ended Feb. 29, the company received 2.14 billion dollars in profits compared to 2.5 billion dollars over the same period last year. Revenue fell to 9.01 billion dollars against 9.33 billion previously. We forecast that the company's shares will increase by 20-25% this year.

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.