China’s steel production mills are reluctant to reduce output for fear credit could be cut off and market share captured by rival producers.
When import levels of iron ore and coal imports are up in China, demand is high and shipping rates rise.
The stimulus measures introduced by China follow a string of weak economic data released in August. With higher credit available, China’s big banks are expected to channel funds into areas of economic importance.
Dry bulk shipping demand is closely tied to China’s growth. The PMI data confirmed reports of subdued client demand for new orders.
New build prices offer a better sense of future rates. Potential sellers are hopeful the freight market will rebound in the fourth quarter as predicted by many analysts.
When they expect demand to outpace supply, managers return to the shipyard to place new orders with the belief that the new vessels will generate a profit.
The BDI is rising on the back of greater iron ore shipping and rising demand from the Asian economies—China’s in particular.
The Guggenheim Shipping ETF (SEA) is an index weighted with dry bulk shipping companies. China is key to the current high yields in this industry.
Oracle (ORCL), like other leading technology players, is making great efforts to transition from a hardware supplier and developer to a complete cloud solutions provider.
With a market cap of ~$175 billion, Oracle (ORCL) leads the database market on a revenue basis with a 44% market share.
Unlike other players in the software industry such as SanDisk (SNDK), EMC (EMC), and IBM (IBM)—which started paying dividends to its shareholders in 2013, Oracle (ORCL) started dividend payments in 2009.
Datastax is a California-based database management company. It offers an enterprise-grade NoSQL database that seamlessly and securely integrates real-time data with Apache Cassandra.
In July 2014, Oracle (ORCL) acquired TOA technologies, maker of software for companies centered around field services in the cloud space.
Oracle’s (ORCL) Engineered Systems business comprise the Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud, and Oracle SPARC SuperCluster products.
Oracle’s (ORCL) hardware systems comprise computer server, storage, and networking products and related services. Hardware system products and support are the company’s key operating segments.
Oracle is lagging behind its competitors in taking up the opportunity provided by the high-growth cloud services market.
Oracle’s (ORCL) new licenses revenue contribution is falling with each passing year. It drags down overall software and cloud segment revenues.
The Software and Cloud segment is an integral business to Oracle’s (ORCL) overall growth. Its contribution to the company’s overall revenues is steadily rising year-over-year.
On September 18, 2014, Oracle (ORCL) announced its 1Q15 results. But it wasn’t the quarterly results that created the buzz. It was the stepping down of Larry Ellison from Oracle’s CEO position that made the news across the world.
Oracle Corp. (ORCL) is an enterprise software company that develops, manufactures, markets, distributes, and services database, middleware software, and applications software.