Rochester,NY 7/9/2009 1:33:04 AM
Afternoon Movers - ORCL - Does IT work?: Leaner use of logistics keeps supplies moving - Sourced WhisperFromWallStreet.com
Oracle Corp.
Afternoon Movers - ORCL - Does IT work?: Leaner use of logistics keeps supplies moving - Sourced WhisperFromWallStreet.com
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Oracle Corp. ORCL
After Hours: 20.20 0.02 (0.10%) 2:27pm ET
The past few years have brought strong increases in revenue for the transport and logistics sector; it has enjoyed double-digit growth for most of this decade, according to PwC, the professional services firm.
The current break in growth, as the economic downturn hits, may well prove temporary, but in the meantime, logistics and distribution managers – and the third-party logistics companies that carry an increasing percentage of the world’s goods – face pressures to contain costs and drive efficiencies throughout the supply chain.
At the same time companies, especially those in retail, want to reduce their stock holdings. But they also want to avoid shortages and disappointed customers.
About
Oracle Corporation, an enterprise software company, engages in the development, manufacture, distribution, servicing, and marketing of database, middleware, and application software worldwide. The company's New Software Licenses segment provides licenses for database and middleware software, including database management, application server, business intelligence, identification and access management, content management, portal and user interaction, data integration, and development tools; and applications software that offers enterprise information for customer relationship management, financials, human resources, maintenance management, manufacturing, marketing, order fulfillment, product lifecycle management, enterprise project portfolio management, procurement, sales, services, enterprise resource planning, and supply chain planning. Its Software License Updates and Products Support segment offers rights to unspecified software product upgrades and maintenance releases, and Internet access to technical content, as well as Internet and telephone access to technical support personnel.
Last Trade: 20.224
Day's Range: 19.79 - 20.36
52wk Range: 13.80 - 23.62
Volume: 31,193,979
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