This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Shelf Offerings: Oracle

NEW YORK ( TheStreet) -- Oracle (ORCL - Get Report) was one of several companies to file a shelf registration with the Securities and Exchange Commission to offer a combination of the securities from time to time.

Oracle said in a prospectus filed late Friday that the company or selling security holders may offer common stock, preferred stock, debt securities, warrants, purchase contracts or units from time to time in different amounts, at prices and on terms determined at the time of an offering.

Oracle said that net proceeds from any sale under the registration statement will be used for general corporate purposes, which may include stock repurchases, repayment of indebtedness and future acquisitions.

Oracle shares followed the broader U.S indices higher Monday, rising 3.7% to $24.27.

Elsewhere, Crosstex Energy (XTEX) said in a shelf registration that it may sell up to $500 million of mixed securities in one or more offerings. The company also said selling unitholders may sell up to 4.06 million common units. Shares were rising 6.6% to $10.13.

Summit Financial Group (SMMF - Get Report) said in a regulatory filing it may sell up to $10 million in one or more mixed securities offerings from time to time. Summit Financial shares were up 5.9% to $4.33.

Atlantic Tele-Network (ATNI - Get Report) said it may offer up to $500 million of common stock, preferred stock, depositary shares, debt securities, warrants or rights to purchase any of such securities, and/or units consisting of two or more of such securities.

Atlantic Tele-Network also said that selling stockholders may sell from time to time up to 300,000 shares of common stock, although the company will not receive any proceeds from any sale. Shares were rising 0.7% to $46.46.

Lastly, ChinaCast Education (CAST) said that selling shareholders may sell up to 6.03 million shares of common stock, although the company will not received any proceeds from any sale. ChinaCast shares were tacking on 0.8% to $6.49.

-- Written by Robert Holmes in Boston.

Follow Robert Holmes on Twitter and become a fan of on Facebook.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CAST $0.00 -3.85%
XTEX $17.60 0.57%
ATNI $74.62 0.00%
ORCL $35.70 0.00%
SMMF $12.31 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs