Stocks to Watch: Oracle, McDonald's, Apple

NEW YORK -- Oracle ( ORCL), the software giant, reported an in-line profit Thursday for its fiscal first quarter but fell short on revenue by a wide margin.

Oracle generated non-GAAP earnings of $2.6 billion, or 53 cents a share, for the three months ended in August on revenue of $8.18 billion. Analysts were expecting a profit of 53 cents a share on revenue of $8.42 billion.

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McDonald's ( MCD) raised its quarterly dividend by 10%.

The fast-food chain bumped the quarterly payout to 77 cents a share. The forward annual dividend of $3.08 per share implies a yield of 3.3%.


Apple's ( AAPL) iPhone 5 went on sale across the globe Friday amid strong demand for the new device.

Shares of the tech giant hit a new high of $703.99 earlier this week.

Apple announced on Monday it had received 2 million pre-orders in the first 24 hours of the iPhone 5's availability.

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Darden Restaurants ( DRI) is expected by analysts Friday to post fiscal first-quarter earnings of 84 cents a share for the three months ended in August on revenue of $2.03 billion.

Darden is the operator of the Red Lobster and Olive Garden restaurant chains.


Other companies reporting earnings Friday include KB Home ( KBH) and Park Electrochemical ( PKE).

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-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

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