Sony snaps back, Oracle on cloud 9, Dunkin’ dives

Sony (SNE) shares are snapping back after what has been a week of drama worthy of a motion picture itself. After deciding to scrap the release of The Interview the company is also facing what could be the costliest cyberhack in history according to Gartner. Although no hard figures were disclosed the film cost $40 million to make, it could have grossed $120M, according to analysts.  Instead this Sony project is already in the hole which is getting bigger.

Get the Latest Market Data and News with the Yahoo Finance App

Dunkin’ Brands (DNKN) is out with another dose of downbeat news. That’s why the shares are down 8%. The coffee chain said it won't meet its profit goals for 2015 and U.S. comparable same-store sales this year will fall short of goals, rising just 1.4%. The company says consumers are under pressure and markets in Japan and Korea are weak. What's missing is a plan to overcome these challenges.

Finally, Oracle (ORCL) investors are on cloud 9 literally. Shares are up 8%, now at the highest level since 2000, after the tech bellwether posted better than expected profit and revenue numbers ending a three quarter losing streak. The big standout was the cloud business, new bookings climbed at a rate of 140% which was highlighted by CEO Mark Hurd. Good news for Oracle and good news for corporate spending. Oracle is one the best performers in the S&P 500 (^GSPC)

More From Yahoo Finance:

Topgolf could save golf, but not as we know it

Oil's dead cat bounce: Dan Dicker

American Apparel: Manufacturing a comeback after years of scandal

Advertisement