Stocks in the news: Oracle, Monsanto, Citigroup


The following post rounds up the companies making headlines today:

Oracle (ORCL) reported quarterly financial results Tuesday after the close. Oracle beat estimates and it issued better-than-expected guidance. While its quarterly profit dropped on declining sales of new licenses, its sales of renewed contracts sales kept it from a larger decline. Shares jumped over 4 percent in pre-market trade.

Monsanto (MON) posted a 14 percent drop in quarterly earnings on Wednesday and said it planned a restructuring that would cut about 900 employees and separate its declining herbicide business. The world's biggest seed company beat estimates. Shares climbed 1 percent ahead of the bell.