May 8, 2017

Oracle Corporation (NYSE:ORCL)’s chief proposed tweaks to Java’s modular plan

Oracle Corporation (NYSE:ORCL)‘s chief Java architect has proposed tweaks to Java’s modular plan. The revisions were said to be not in response to recent objections by Red Hat and IBM, but they do appear to address one of the concerns.

Oracle Corporation (NYSE:ORCL) shares gained 0.24% to $45.58 on Friday.

In a post to an openjdk mailing list on Thursday, a proposal by Oracle’s Mark Reinhold, chief architect of the Java platform group, centers on an “AutomaticModuleNames” feature. He also referenced the plan on his twitter feed, tweeting, “Module names should be reverse-DNS and so automatic modules can be given stable names.” An Oracle representative said the proposal was just ongoing work on issues that continue to be under discussion and was separate from Red Hat and IBM’s issues.

Technical Stock Analysis

Shares outstanding are recorded as 4097.30 B and total shares floated are 2989.71 B. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 4.20. Company’s distance from 20 day simple moving average is 2.32% and distance from 50-Day simple moving average is 3.62%.

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Oracle Corporation (NYSE:ORCL) yearly performance is 18.03% and net profit margin is 23.80%. Annual EPS Growth of past 5 years is 4.40%. The current share price indicates that stock is -2.58% away from its one year high and is moving 22.16% ahead of its 52-week low.

Ultralife Corporation (NASDAQ:ULBI) reported operating income of $1.8 million on revenue of $22.0 million for the first quarter ended April 2, 2017. For the first quarter of 2016, the Company reported operating income of $0.5 million on revenue of $20.8 million.

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If we look at stock performance in last active day trading, we see that stock has moved gained 2.59% to end the day at $9.49. The current share price indicate that stock is 0.96% away from its one year high and is moving 52.33% ahead of its 52-week low.

1 comment

  1. The Java Community has been talking to Oracle about how to best keep moving n the Java platform forward while not inflicting excessive migration cost onto businesses that are increasingly dependent upon this important technology. This announcement demonstrates that Oracle has been listening and is receptive to the community and that is great news. This move is in the best interests of everyone.

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