Thread regarding Oracle Corp. layoffs

Oracle’s Cerner Purchase Trio of Debt-Downgrade Warnings

https://finance.yahoo.com/news/oracle-cerner-purchase-prompts-trio-192133677.html

  • But Oracle’s “aggressive use of cash” to fund shareholder returns and acquisitions is pushing the company to the cusp of junk, according to Bloomberg Intelligence analysts Robert Schiffman and Suborna Panja, and that may require the tech giant to make a “dedicated commitment” to decrease debt over the next two years.
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| 2041 views | | 9 replies (last January 6, 2022) | Reply
Post ID: @OP+1eq7KCLY

9 replies (most recent on top)

Ship is going down! May capsize at any moment due to the top-heavy VP/director royalty on board!

I'm betting this is the turning point for the stock.

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Post ID: @fsog+1eq7KCLY

Wow $73 billion in debt!

Should Oracle fall to junk, it would become the largest component in the high-yield index, which would shrink its debt investor base, dramatically increase borrowing costs and meaningfully enhance refinancing risk, Schiffman said separately. Its bonds had weakened Monday, and were among the most actively traded today.

Buyer beware!

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Post ID: @fekv+1eq7KCLY

“The Doomsday Machine”. Classic ep!

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Post ID: @6cbf+1eq7KCLY

Computer Associates 2.0

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Post ID: @6auu+1eq7KCLY

I may be dating myself, but I compare present day (going back 12 or so years) Oracle to that old Star Trek episode where they encounter the giant machine that destroys planets, consumes them and then moves to another, then moving to another solar system to consume more planets.

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Post ID: @6hhg+1eq7KCLY

Oracle stopped being a tech company years ago. It is just an M&A holding company.

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Post ID: @5bnb+1eq7KCLY

What would Larry do?
Huh-wah-yee as they say in senile.

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Post ID: @1vbe+1eq7KCLY

ORCL is Titanic!

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Post ID: @1hjq+1eq7KCLY

ORCL is a BIG ship, but any ship can sink...

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Post ID: @1qcp+1eq7KCLY

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