CORRECTED: Siebel Sees Sales Topping Street
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Business software maker Siebel Systems Inc. on Monday said third-quarter revenue would beat Wall Street estimates, driven by a rebound in licensing revenue, sending its shares up 14 percent.
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( in paragraph nine group sales in North America has been corrected to "slipped 0.5 percent to 530,630." In paragraph 10 the year has been corrected to 2009)
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Software maker Siebel Systems Inc. on Wednesday said its third-quarter results swung to a profit on improved licensing revenue, but missed analyst expectations.
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(Corrects paragraph 2 to show Exxon Mobil is largest publicly traded U.S. oil company, not worldâs largest)
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Siebel (Nasdaq: SEBL) topped expectations in its  third-quarter earnings results, registering a profit, higher sales and an increase in software-license revenue from the previous quarter.
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Plus: Linux demand lifts Red Hat profit...Strong sales of phones, other gadgets boost PalmOne profit...Lawson expects quarterly loss.
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Siebel unveiled &quot;Chapter 2&quot; of its CRM strategy this week in an effort to revitalise its sagging fortunes. Siebel has seen declining revenue and fierce competition from high-end rivals such as SAP, as well as from smaller companies such as Salesforce.
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Corrects dateline to San Francisco from Los Angeles and   last paragraph that Monster trades on Nasdaq, not New York   Stock Exchange.
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Business software maker Siebel  Systems Inc. SEBL.O on Wednesday reported a quarterly profit,  after a year-earlier net loss, driven by a healthy rise in  license revenue.
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Business software maker Siebel Systems Inc. (SEBL.O: Quote, Profile, Research) on Monday said third-quarter revenue would beat Wall Street estimates, sending its shares up 17 percent in pre-market trade.
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Business software maker Siebel  Systems Inc. SEBL.O on Monday said third-quarter revenue  would beat Wall Street estimates, driven by a rebound in  licensing revenue, sending its shares up 14 percent.
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Business software company Siebel Systems Inc.  on Wednesday said it expects fourth-quarter sales and profit to beat analysts' estimates, boosted by higher-than-expected licensing revenue.
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Siebel's revenue for the year ended Dec. 31 totaled $1.34 billion, a slight drop from the $1.35 billion it generated in 2003. However, the company's net income for the year rose to $110.7 million, following annual losses in 2002 and 2003.
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(Corrects headline to show Web traffic growth, not Web sales, fell on Black Friday)
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Sales were stronger than expected, but the company is filling orders faster than they are coming in.
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Corrects reference to world's fifth-largest oil producer in 2nd paragraph
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DaimlerChrysler (DCXGn.DE)  boosted global car sales 2.1 percent to 3.9 million units in 2004 as a strong showing by U.S. arm Chrysler offset a dip at flagship Mercedes Car Group, the world's fifth-biggest carmaker said on Sunday.