PeopleSoft Sees Revenue Above Estimates
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PeopleSoft Inc. PSFT.O on Monday  forecast third-quarter revenue would exceed Wall Street  expectations, helped by an increase in customers making larger  orders for its business software.
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Analysts were expecting Oracle earnings of 9 cents per share with revenue of $2.23 billion, according to Thomson First Call. New software license revenue came in at $563 billion, meeting
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Oracle Corp. ORCL.O on Thursday   posted a higher quarterly profit, helped by   stronger-than-expected new software license revenue.
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LOS ANGELES (CBS.MW) -- PeopleSoft Inc., whose board has spurned repeated hostile takeover offers from Oracle Corp,. got a major boost Thursday when several analysts raised their PeopleSoft financial forecasts.
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PeopleSoft Inc., the business software maker currently fending off a hostile bid from rival Oracle Corp., reported Thursday it swung to a profit as sales increased in three of its business lines.
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PeopleSoft's profit may drop "significantly" this year, according to testimony by an Oracle executive.
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Oracle Corp. , the world&#39;s third  largest software maker, reported profit that beat Wall Street  expectations on Tuesday and gave a positive growth outlook for  the current quarter that nudged its shares higher.
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Oracle Corp. , the world's third largest software maker, reported profit that beat Wall Street expectations on Tuesday and gave a positive growth outlook for the current quarter that nudged its shares higher.
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Peoplesoft forecasts stronger-than-expected sales as it prepares to fight a takeover bid from Oracle in court.
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PeopleSoft Inc.  on Thursday reported a quarterly net profit, after a year-earlier loss, as the company saw stronger sales of its  business software than what it had forecast earlier despite its continued fight to block a takeover from rival Oracle Corp.
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Oracle Corp. ORCL.O, the world's  second-largest business software maker, on Wednesday forecast  2005 and 2006 earnings above Wall Street estimates, helped by  its $10.3 billion acquisition of PeopleSoft.
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The PeopleSoft Board concluded that PeopleSoft is worth much more than the $24 per share price offered by Oracle. They reiterated that they will not sell the company for less than it is worth.
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Oracle Corp. ORCL.O, the  world's second biggest software company, on Wednesday forecast  profits at the high end of Wall Street estimates, aided by  subscriber growth tied to its $10.3 billion acquisition of  PeopleSoft.
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Oracle (ORCL) on Tuesday posted a 16% jump in quarterly earnings, surpassing analyst estimates, despite listless sales in an area it hopes to buttress by buying rival PeopleSoft (PSFT).
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Business software maker Oracle  Corp.  posted a quarterly profit on Tuesday that topped  Wall Street forecasts as strong sales of new licenses for  applications helped boost revenue, sending its shares up 5  percent.
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Bolstered by investors, Oracle Corp. appears destined to complete its long-sought takeover of PeopleSoft Inc. unless its rival becomes more profitable and proves it is worth more than the $9.2 billion bid currently on the table.
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Oracle Corp., posted a gain in fiscal second-quarter earnings Monday that beat Wall Street forecasts. The report was released three days earlier than originally scheduled because the