Confident Oracle expects higher profit
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NEW YORK - Oracle Chief Executive Larry Ellison and his lieutenants, armed with impressive earnings forecasts, Wednesday made a confident sales pitch to Wall Street on their blockbuster acquisition of PeopleSoft.
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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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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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Peoplesoft, the software maker that is the target of a hostile takeover bid from industry heavyweight Oracle, has returned to profit.
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Shares of Oracle Corp. surged more than seven per cent Wednesday after the software maker topped Wall Street&#39;s profit forecast.
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Oracle Corp. ORCL.O 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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Oracle Corp. reported revenue and earnings growth in its first fiscal quarter, with its revenue from new software licenses rising 7 percent, to $563 million.
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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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Business software maker Oracle  Corp.  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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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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US software giant Oracle posted higher profits for the past three months, boosted by new business products gained from acquisitions.
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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 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. , 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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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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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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Oracle Corp. ORCL.O on Tuesday  reported a 16 percent rise in quarterly profit fueled by steady  demand for its flagship database software, but executives  warned that customers were still cautious about spending on  technology.