Thread regarding Oracle Corp. layoffs

S&P Downgrades Oracle, Citing Debt Due to Buybacks

https://www.morningstar.com/news/dow-jones/TDJNDN_201907027585/sp-downgrades-oracle-citing-debt-due-to-buybacks.html

S&P Global Ratings downgraded Oracle Corp. (ORCL) to A+ from AA- as stock buybacks have increased the software company's debt.

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S&P has a negative outlook for Oracle, which "reflects our view that given the lack of clear financial policy guidance," the current stock-buyback pace will continue in fiscal 2020.

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Post ID: @OP+ZQCdfYc

4 replies (most recent on top)

https://www.newsheater.com/2019/07/17/is-a-correction-looming-ahead-oracle-corporation-orcl/amp/

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Post ID: @gmps+ZQCdfYc

" people are catching on to the problems with oracle"

Thank god for this site. Else I'd be so uninformed like the rest of the market.

rolls eyes

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Post ID: @1qkz+ZQCdfYc

Market expects the Fed to lower interest rates so the entire stock market is going up; people are catching on to the problems with oracle, so this may be as good as it gets for oracle. Time to sell while the going is good!

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Post ID: @1hot+ZQCdfYc

No upside, only downside. Never been a better time to sell !

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Post ID: @1ioc+ZQCdfYc

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