PeopleSoft Raises Estimates for Quarter
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PeopleSoft Inc. Monday raised its forecast for the just-ended quarter, helped by an increased average selling price and strong performances in North America and Europe.
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Oracle is to raise its hostile bid for rival business software maker PeopleSoft to $8.8 billion, calling this its &#39;best and final&#39; offer.
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Oracle Corp. raised the stakes in its hostile bid for PeopleSoft Inc. Monday by increasing its offer to $24 per share, boosting the value of the proposed merger to $9.
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Oracle sweetened its hostile bid for rival business software maker PeopleSoft to $9.2 billion, a 14% increase aimed at resolving the long-running takeover battle between the bitter foes.
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PeopleSoft Inc.  on Thursday returned to profit in the third quarter from a year earlier with a 12 percent rise in sales that upended market fears that Oracle Corp.'s takeover bid had damaged PeopleSoft's business in the quarter.
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BUSINESS software maker Oracle&#39;s quarterly earnings just exceeded analyst expectations, overcoming sluggish sales in applications the company hopes to remedy through its takeover bid for rival PeopleSoft.
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Business software maker Oracle Corp.  on Monday posted a higher quarterly profit on firm demand for its market-leading database software.
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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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Shares of PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) traded near a one-year high on Thursday after analysts raised their earnings outlooks for the business
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Oracle Corp. on Tuesday reported  a 16 percent rise in quarterly net income as the world's second  largest software company benefited from steady demand for its  flagship database software.
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US stocks added to earlier gains on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.
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PeopleSoft Inc. PSFT.O 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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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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By Spencer Swartz SAN FRANCISCO  - PeopleSoft Inc.  on Thursday returned to profit in the third quarter from a year earlier with a 12 percent rise in sales that upended market fears that Oracle Corp.'s takeover bid had damaged PeopleSoft's business in the quarter.
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NEW YORK US stocks rose Monday after the software maker PeopleSoft accepted Oracle&#39;s buyout offer and data showed better-than-expected November retail sales, signaling an uptick in consumer spending.
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Stocks rose on Friday amid heavy  trading on the first day of the quarter as PeopleSoft Inc.  PSFT.O and chip-related stocks boosted the tech-heavy Nasdaq  to its highest level in more than two months.
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The Nasdaq composite index rose on Thursday as a reassuring profit and outlook from Oracle Corp and a higher earnings forecast from Qualcomm Inc added to optimism about technology stocks.