18.06.2015 - Oracle’s report disappointed investors

American Oracle Corp. said a decline in revenue in the quarter that ended in May by 5%. The indicator fell despite the growth in the segment of cloud services, which increased revenues by 28% compared to the same period last year and reached 576 million dollars. Currently, the company is developing different types of databases, as well as services for HR departments and marketing. Sales of new licenses fell by 17% to 3.14 billion US dollars. The company's profit totaled 2.76 billion dollars against 3.65 billion in the same period last year. We expect a reduction of the share price in the near future by 10-12%

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.