Database Success Helps Oracle Increase Profit
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The Oracle Corporation reported Tuesday that first-quarter earnings had risen 16 percent on strong demand for its flagship database programs, enabling the company
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Shares of software maker Oracle Corp.  ORCL.O rose as much as 8 percent in early trading on  Wednesday, a day after the company posted strong quarterly  profit fueled by steady demand for its flagship database  products.
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Oracle Corp.  on Monday  posted a 21 percent rise in quarterly profit, helped by sales  of business software licenses to the customers of acquired  rivals like Siebel Systems and PeopleSoft.
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Business software maker Oracle   Corp. ORCL.O posted a profit on Tuesday that topped Wall   Street estimates and forecast solid growth this quarter, and   its shares rose 9 percent to their highest level in four years.
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Robust software sales pushed Oracle&#39;s second-quarter net income up 35 percent compared to the same period last year, to $1.3 billion, or $0.25 per share, the company said Wednesday.
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PeopleSoft Inc. posted a third-quarter profit and said sales beat analysts&#39; estimates, a turnaround that may encourage Oracle Corp.
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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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Oracle Corp. kicked off its new fiscal year with its biggest increase in software sales since the dot-com boom, propelling a first-quarter performance that topped analysts' expectations.
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Oracle Corp. (ORCL.O: Quote, Profile, Research) on Tuesday reported a 16 percent rise in quarterly net income as the world&#39;s second largest software company benefited
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Business software maker Oracle Corp.  ORCL.O on Monday posted a higher quarterly profit on firm  demand for its market-leading database software.
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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, the world's second largest software producer, saw profits jump 16% to $509m (Â£283m) in the first half of the year on strong sales of its core database products.
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Oracle Corp  posted a 35 percent rise in quarterly profit on strong new software sales, beating expectations at a time when investors are wary that growth in technology spending may be slowing.
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By Ryan Blitstein, San Jose Mercury News, Calif.  Dec. 18--Oracle earned $967 million during the second quarter, an  increase of 21 percent from the same quarter last year, the company said  today.
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Shares of software maker Oracle Corp.  rose as much as 8 percent in early trading on Wednesday, a day after the company posted strong quarterly profit fueled by steady demand for its flagship database products.
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Oracle (ORCL) Tuesday reported a 16% rise in quarterly net income as the world&#39;s second largest software company benefited from steady demand for its flagship database software.
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Peoplesoft, the software maker that is the target of a hostile takeover bid from industry heavyweight Oracle, returns to profit in the third quarter.