General Electric Co. (GE) will host a five-hour "deep-dive" conference in which it will try to open GE Capital's books. GE aims for more transparency to gain back investors' confidence. The company has just said liquidity is strong and it expects GE Capital to be profitable this year. Shares of GE are zooming over 6 percent higher in premarket trade.
Oracle (ORCL) managed to beat analyst estimates for the reported quarter in both profit and sales. It also gave guidance higher than estimates. Not just that, but the tech giant also announced its first-ever dividend, despite overall weakness in software sector. Oracle rival SAP (SAP) also rose. ORCL shares are up over 10 percent in premarket trade.