PeopleSoft Sees Revenue Above Views
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PeopleSoft Inc. 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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No one can envy the position of PeopleSoft (Nasdaq: PSFT) executives as they enter their annual Connect user conference this week. Last year's show was dominated by speculation over Oracle's (Nasdaq: ORCL) hostile takeover bid for the company -- a prospect they hoped would be squelched by this year.
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SAN FRANCISCO--PeopleSoft Inc. opened the second day of its user conference here Wednesday with good news for itself and its customers: upgrade discounts and a significant licensing deal.
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PeopleSoft Inc. will push ahead  with a new marketing alliance with IBM and other initiatives  despite a recent court ruling that bolstered Oracle Corp.'s  $7.7-billion hostile bid to acquire the company, PeopleSoft's  CEO said on Tuesday.
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With Oracle cinching a critical antitrust victory on Thursday, PeopleSoft will find it increasingly difficult to resist its rival&#39;s $7.
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PeopleSoft Inc. PSFT.O, fresh from  firing its chief executive amid a hostile takeover bid from  Oracle Corp. ORCL.O, on Monday said quarterly revenue would  exceed Wall Street's expectations, helped by an increase in  customers making larger orders for its business 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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SAN FRANCISCO: PeopleSoft said yesterday it has logged more business business software license revenue in its current fiscal quarter than arch-rival Oracle, which recently got US court approval of its bid to take over PeopleSoft.
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In its takeover dance with Oracle, PeopleSoft pulled out some fancy footwork on Thursday, reporting third-quarter earnings that exceeded its own estimates.
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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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Business software maker Oracle  Corp.  said on Thursday its fourth-quarter profit would  beat company forecasts as new software license revenue rose a  better-than-expected 32 percent.
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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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PeopleSoft (PSFT) CEO Craig Conway isn&#39;t about to go down without a fight in his company&#39;s takeover tussle with rival Oracle (ORCL).
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Investor's Business Daily - PeopleSoft Chief Executive Craig Conway rallied 13,000 company faithful during his keynote speech Tuesday at the company's annual users' conference in San Francisco.
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PeopleSoft says its quarterly revenues will beat analyst expectations, thanks to an increase in the number of orders of more than $1 million.
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Today's announcement of Oracle's $10.3 billion buyout of PeopleSoft Inc. isn't drawing rave reviews from the installed based of customers about to be acquired in the deal.
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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.