Downgrade Alert for NetSuite (N)
Comtex SmarTrend(R) - 2 hrs 9 mins ago
NetSuite (NYSE:N) was downgraded from Buy to Neutral at MKM Partners today. The stock closed yesterday at $108.78 on volume of 1.8 million shares, above average daily volume of 652,000. Based on a current price of $108.78, NetSuite is currently 6.3% above its average consensus analyst price target of $101.95. The stock should find initial support at its 200-day moving average (MA) of $79.63 and further support at its 50-day MA of $69.26.
N: 108.78 (-0.17)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of NetSuite Inc. to Oracle Corporation for $109.00 Per Share is Fair to Shareholders
BusinessWire - Tue Aug 02, 11:12AM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of NetSuite Inc. And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Mon Aug 01, 7:01PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of NetSuite Inc. (NYSE: N) ("NetSuite" or the "Company"
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
NETSUITE SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of NetSuite Inc. (N) Over the Proposed Sale of the Company to Oracle Corporation
PR Newswire - Mon Aug 01, 4:12PM CDT
Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of NetSuite Inc. ("NetSuite" or the "Company"
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
Zacks Friday Finish Line: Earnings Season Continues!
Ryan McQueeney - Zacks Investment Research - Fri Jul 29, 4:17PM CDT
On today's episode of the Zacks Friday Finish Line podcast the hosts talk about Oracle, Verizon and Yahoo, and earnings from Twitter, Amazon, Facebook, Apple, and Alphabet.
YHOO: 38.57 (-0.23), AMZN: 760.58 (-7.16), FB: 123.09 (-1.22), GOOGL: 800.12 (-0.82), N: 108.78 (-0.17), TWTR: 16.42 (-0.22), AAPL: 104.48 (-1.57), VZ: 54.00 (-0.50), ORCL: 40.71 (-0.44)
NetSuite Shares Up 32.5% Since SmarTrend's Buy Recommendation (N)
Comtex SmarTrend(R) - Fri Jul 29, 1:06PM CDT
SmarTrend identified an Uptrend for NetSuite (NYSE:N) on July 12th, 2016 at $82.01. In approximately 2 weeks, NetSuite has returned 32.53% as of today's recent price of $108.69.
N: 108.78 (-0.17)
Fitch: Acquisition of NetSuite Does Not Affect Oracle's 'A+/F1' Ratings
BusinessWire - Fri Jul 29, 9:16AM CDT
Fitch Ratings believes the acquisition of NetSuite, Inc. (NetSuite) does not affect the ratings for Oracle Corp. (Oracle), including the 'A+' Long-Term Issuer Default Rating (IDR) and 'F1' Short-Term IDR. The Rating Outlook is Stable. A full list of current ratings follows at the end of this release.
N: 108.78 (-0.17)
Blog Coverage Oracle on Cloud Nine as It Buys NetSuite
ACCESSWIRE - Fri Jul 29, 8:15AM CDT
LONDON, UK / ACCESSWIRE / July 29, 2016 / Active Wall St. blog coverage looks at the headline from Oracle Corp. (NYSE: ORCL) as the company has strengthened its arsenal in the fast growing cloud computing space by buying pioneer NetSuite Inc. (NYSE: N) for $ 9.3 billion. This will give a huge boost to Oracle's market position in the cloud computing space. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of NetSuite, Inc. -N
PR Newswire - Thu Jul 28, 8:36PM CDT
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of NetSuite, Inc. ("NetSuite" or "the Company"
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
Robbins Arroyo LLP: Acquisition of NetSuite Inc. (N) by Oracle (ORCL) May Not Be in Shareholders' Best Interests
BusinessWire - Thu Jul 28, 2:41PM CDT
Shareholder rights attorneys at Robbins Arroyo LLP are investigating the proposed acquisition of NetSuite Inc. (NYSE: N) by Oracle Corporation (NYSE: ORCL). On July 28, 2016, the two companies announced the signing of a definitive merger agreement pursuant to which Oracle will acquire NetSuite. Under the terms of the agreement, NetSuite shareholders will receive $109.00 for each share of NetSuite common stock.
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
Harwood Feffer LLP Announces Investigation of NetSuite Inc.
PR Newswire - Thu Jul 28, 2:07PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of NetSuite Inc. ("NetSuite" or the "Company"
N: 108.78 (-0.17)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of NetSuite Inc. And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Thu Jul 28, 12:52PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of NetSuite Inc. (NYSE: N) ("NetSuite" or the "Company"
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
NETSUITE INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Believe the Acquisition by Oracle Corporation May be Unfair to Shareholders
BusinessWire - Thu Jul 28, 11:32AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of NetSuite Inc. ("NetSuite"
N: 108.78 (-0.17)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Into Whether the Sale of NetSuite Inc. to Oracle Corporation is Fair to Shareholders - N
ACCESSWIRE - Thu Jul 28, 10:22AM CDT
NEW YORK, NY / ACCESSWIRE / July 28, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
Oracle (ORCL) To Acquire Cloud Company NetSuite Inc. (N) In $9.3 Billion Deal
Adam Clark - Zacks Investment Research - Thu Jul 28, 10:02AM CDT
Oracle Corporation (ORCL) announced Thursday that it will be acquiring NetSuite Inc. (N), a cloud company, in a deal worth approximately $9.3 Billion.
SAP: 86.53 (-0.75), N: 108.78 (-0.17), MSFT: 56.58 (unch), ORCL: 40.71 (-0.44)
NETSUITE INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Thu Jul 28, 9:57AM CDT
Rigrodsky & Long, P.A.:
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
Q2 Earnings Mix with Early Econ Data: FB, GRPN, ORCL, F, MC
Mark Vickery - Zacks Investment Research - Thu Jul 28, 8:57AM CDT
More Q2 numbers than one can shake a stick at, plus a forward look to jobs data next week and a big acquisition by Oracle (ORCL) hit the headlines this morning.
WFM: 30.16 (-0.25), F: 11.94 (-0.54), FB: 123.09 (-1.22), RTN: 141.20 (+0.96), N: 108.78 (-0.17), GRPN: 5.10 (+0.11), MC: 24.42 (-0.44), ORCL: 40.71 (-0.44), CRM: 80.50 (-0.52)
NETSUITE (N) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of NetSuite Inc.; Are Shareholders Getting a Fair Price?
PR Newswire - Thu Jul 28, 8:29AM CDT
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of NetSuite Inc. (NYSE: N) breached their fiduciary duties in connection with the proposed sale of the Company to Oracle Corporation (NYSE: ORCL).
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)
NetSuite Announces Second Quarter 2016 Financial Results
PR Newswire - Thu Jul 28, 8:08AM CDT
NetSuite Inc. (NYSE: N), the industry's leading provider of cloud-based financials / ERP and omnichannel commerce software suites, today announced results for its second quarter ended June 30, 2016.
N: 108.78 (-0.17)
Oracle Buys NetSuite
PR Newswire - Thu Jul 28, 7:08AM CDT
Oracle (NYSE: ORCL) today announced that it has entered into a definitive agreement to acquire NetSuite (NYSE: N), the very first cloud company. The transaction is valued at $109.00 per share in cash, or approximately $9.3 billion.
N: 108.78 (-0.17), ORCL: 40.71 (-0.44)