Company News for June 25, 2009

• Nike (NYSE:NKE - Analyst Report) reported a worse-than-expected decline in new orders, down 12% through November from a year ago, or 5% excluding currency adjustments. Fourth quarter earnings, however, beat expectations at 99 cents ex-items, three cents ahead of projections, as revenues fell 7% to $4.7 billion

• Oracle (NASDAQ:ORCL - Analyst Report) reported better-than-expected earnings and revenues with first quarter guidance beating estimates.  The company reported fourth-quarter earnings of 46 cents ex-items, two cents ahead of estimates, as revenues fell 5.2% to $6.86 billion versus estimates of $6.47 billion. First quarter earnings estimates of 31 cents to 33 cents a share beat estimates of 30 cents

• Toyota's (NYSE:TM - Analyst Report) new President said the firm is expected to face "two more difficult years"

• Lennar (NYSE:LEN - Analyst Report) reported a loss of 76 cents versus a 76 cent loss a year ago, worse than estimates of a 64 cents loss as write downs increased. Revenues fell 20.9% to $892 million

• Goldman Sachs (NYSE:GS - Analyst Report) added Novellus Systems (NASDAQ:NVLS - Analyst Report) to its conviction sell list

• Goldman Sachs (NYSE:GS - Analyst Report) issued upgrades on a number of oil firms, including Cameron International (NYSE:CAM - Analyst Report), Transocean (NYSE:RIG - Analyst Report), Diamond Offshore Drilling (NYSE:DO - Analyst Report) and FMC Technology (NYSE:FTI - Analyst Report)

Read the full analyst report on NKE

Read the full analyst report on ORCL

Read the full analyst report on TM

Read the full analyst report on LEN

Read the full analyst report on GS

Read the full analyst report on CAM

Read the full analyst report on RIG

Read the full analyst report on DO

Read the full analyst report on FTI