Oracle Corporation (NYSE:ORCL) is acquiring cloud startup Ravello in a deal reportedly worth $500 million. Founded by the team that created the KVM hypervisor, Ravello sells what it calls “nested virtualization” software, with the goal of enabling enterprises to use popular public clouds as an extension of their own data centers.
Oracle Corporation (NYSE:ORCL) belongs to Technology sector. Its net profit margin is 24.50% and weekly performance is 0.49%. On last trading day company shares ended up at $36.96. Oracle Corporation (NYSE:ORCL) distance from 50-day simple moving average (SMA50) is 3.06%.
ParkerVision, Inc. (NASDAQ:PRKR), announced that it has received $10 million from Brickell Key Investments LP (“Brickell”), a special purpose fund under the management of Juridica Asset Management Limited, a Guernsey-based asset manager, with the provision for an additional $1 million of funding at Brickell’s discretion. The funds will be used primarily to pay ongoing legal fees and expenses incurred in connection with the previously announced complaint filed by the Company with the United States International Trade Commission (“ITC”) and the related United States district court action.
Parkervision Inc. (NASDAQ:PRKR) shares advanced 25.56% in last trading session and ended the day at $0.23. PRKR return on assets is -122.90%. Parkervision Inc. (NASDAQ:PRKR) quarterly performance is 32.94%.
Heritage Insurance Holdings, Inc. (NYSE:HRTG), a property and casualty insurance holding company, will announce fourth quarter and full year 2015 financial results after the market closes on Wednesday, March 2, 2016. A conference call to discuss the quarterly results will be held at 10:00 a.m. ET on Thursday, March 3, 2016.
On 26 February, Heritage Insurance Holdings, Inc. (NYSE:HRTG) shares advanced 0.86% and was closed at $19.83. Heritage Insurance Holdings, Inc. (NYSE:HRTG) year to date (YTD) performance is -9.12%.
A controversial proposal in the Indiana Legislature to ban manufacturers such as Tesla Motors Inc. (NASDAQ:TSLA) from selling their vehicles directly to consumers in the state didn’t make it past the state Senate’s commerce and technology committee on Thursday, despite support that the proposal received from General Motors Co.
Tesla Motors Inc (NASDAQ:TSLA) ended the last trading day at $190.34. Company weekly volatility is calculated as 5.66% and price to cash ratio as 0.51. Tesla Motors Inc (NASDAQ:TSLA) showed a weekly performance of 14.26%.
On 24 February, Net Element, Inc. (NASDAQ: NETE) announced that its subsidiary, Unified Payments, has entered into a multi-year processing agreement with Esquire Bank, N.A. (“Esquire Bank”), a national-chartered full service commercial bank. The agreement includes marketing, transaction clearing, draft capture, settlement and payment networks Bank Identification Number (“BIN”) sponsorship.
Net Element International Inc (NASDAQ:NETE) shares moved down -2.31% in last trading session and ended the day at $0.19. NETE Gross Margin is 17.70% and its return on assets is -62.80%. Net Element International Inc (NASDAQ:NETE) quarterly performance is 137.68%.