With the WS Journal reporting that a sales slowdown has trimmed Oracle’s profit and the company is reporting fiscal fourth-quarter earning of $1.89 billion, which is down from $2.04 billion a year earlier — I have placed it on my due diligence list.
One tip to others also considering doing due diligence on this company — watch the volatility on it, and pay attention to all the options trading in this.
The WSJ is also reporting Republic has reached a deal to buy Midwest. It’s worth my time to do some DD on them, as well.
Just remember the usual disclaimer: Don’t base any of your investment decisions on anything you read here. Do your own due diligences, or at least enough research to pick the right professional to do it for you.