Toro Canyon NEWS - Market Report -- Story Stocks (ORCL) - MSN MoneyCentral Toro Canyon NEWS - Market Report -- Story Stocks (ORCL) - MSN MoneyCentral

Thursday, March 19, 2009

Toro Canyon NEWS - Market Report -- Story Stocks (ORCL) - MSN MoneyCentral

Oracle (ORCL 15.83) reported better-than-expected earnings for its fiscal third quarter and declared a quarterly dividend for the first time in its history. Oracle reported fiscal third quarter earnings of $0.35 per share, excluding nonrecurring PleasantValley NEWS

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More on The Market Story Stocks Finish Higher on Fed News Stocks Open Lower as IBM News Shrugged Off Inflation Rise Has Stocks Pointing To Lower Open St. Patrick's Day Rally Sees Stocks Go Green Stocks Flat on Nucor, Alcoa News U.S. Stocks Set for PleasantValley NEWS

Nike (NKE 45.92) easily beat earnings estimates for its fiscal third quarter, but the company said that worldwide futures orders are down 10%. For its fiscal third quarter, Nike reported earnings of $0.99 per share, excluding a goodwill impairment PleasantValley NEWS

LONDON (Reuters) - The dollar hit a two-month low on Thursday after its biggest one-day fall in at least 25 years when the U.S. Federal Reserve announced it would buy long-dated debt, a move that also lifted stock markets sharply. The Fed's action PleasantValley NEWS

LONDON, March 19 (Reuters) - European shares rose by midday on Thursday as banks, miners and oils rallied on hopes that a global economic downturn would be shortened by the Federal Reserve's plans for large scale purchases of government bonds. At PleasantValley NEWS

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