PeopleSoft Sees Revenue Above Estimates
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PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) 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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WPP, the world&#39;s second largest advertising company, warned of an uncertain 2005 yesterday as it disclosed that its third-quarter revenues were better than analysts had expected.
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Shares of PeopleSoft Inc.  traded near a one-year high on Thursday after analysts raised their earnings outlooks for the business software maker, which continues to fight a &#36;9.2 billion hostile takeover bid by Oracle Corp. .
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SAN FRANCISCO - Business software maker Oracle Corp.'s quarterly earnings exceeded analyst expectations, overcoming sluggish sales in a product line that the company hopes to bolster by completing a long-sought takeover of rival PeopleSoft Inc.    The Redwood Shores-based company said Tuesday it earned $509 million, or 10 cents per share, during the three months ended in August, a 16 percent improvement from $440 million, or 8 cents per share, at the same time last year...
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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.  posted a  quarterly profit on Tuesday that topped Wall Street estimates  as new business software license revenue rose, sending its  shares up 13 percent to their highest in four years.
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Oracle Corp  posted a 35 percent rise in quarterly profit on higher-than-expected software sales and issued a strong outlook, easing concerns it may be hurt by the slowing U.S. economy and pushing its shares up 6.5 percent.
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PeopleSoft Inc. on Monday said it expects quarterly revenue to beat Wall Street estimates, bolstering its case to remain independent, and its shares fell 2 percent.
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Oracle Corp. ORCL.O, the  world's biggest database 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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Peoplesoft forecasts stronger-than-expected sales as it prepares to fight a takeover bid from Oracle in court.
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PalmOne (nasdaq: PLMO - news - people ) report fiscal first-quarter results well above analysts&#39; estimates. The maker of handheld computers reported revenue of $273 million and earnings of 43 cents per share
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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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PeopleSoft Inc.  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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Oracle's earnings exceeded expectations, despite sluggish sales in a product line that the company hopes to bolster by completing a takeover of rival PeopleSoft.
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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.
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PeopleSoft Inc. PSFT.O on Monday  forecast third-quarter revenue would exceed Wall Street  expectations, saying it added 150 new customers and had more  large software license transactions than in the previous  quarter.
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PeopleSoft reported a 12% increase in revenue, to $698.8 million, and a slight uptick in revenue from software license sales in the quarter that ended Sept. 30.