Oracle posts strong quarterly profit and outlook
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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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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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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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Broad and strong revenue growth drove Oracle Corp. to higher profit in the fourth quarter and the company's full 2007 fiscal year.
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Business software giant Oracle Corp. said Tuesday that first-quarter earnings rose 16 percent driven by new database license sales that rose 19 percent.
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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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Stocks gained on Friday, putting the Dow and S&P on track for their best week since March, after stronger-than-expected results from software maker Oracle Corp  helped the profit picture for technology.
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SAN FRANCISCO Sept. 15, 2004 - Oracle Corp. topped Wall Street&#39;s profit forecast, but the business software maker saw sales of its business applications software slide 36 percent with the reversal of that
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Oracle&#39;s stock price rose on Wednesday after the software maker reported that its first-quarter profit surged 16 percent compared to last year, reaching $509 million.
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Oracle Corp.'s quarterly profit surged 21 percent as the business software maker reaped the latest returns from a two-year shopping spree that has knocked out major rivals and shored up its product line.
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Oracle Corp.  on Monday posted a 21 percent rise in second-quarter profit, but sales of new software application licenses were weaker than Wall Street's forecast, sending its shares down 3 percent.
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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  said on Wednesday that quarterly profit rose 35 percent as new software sales soared 38 percent, beating Wall Street expectations at a time when investors are nervous that IT spending is slowing.
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Oracle Corp. Chief Executive Larry Ellison showed his notorious competitive streak Tuesday, when the business software maker reported first-quarter profit jumped 29 percent and revenue soared 30 percent.
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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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Oracle Corp. on Tuesday reported  a higher quarterly profit as the world's second largest  software company benefited from steady demand for its flagship  database software.
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NEW YORK, September 15 (New Ratings) - Oracle Corporation (ORCL.NAS) reported its 1Q FY05 earnings ahead of expectations, despite a 36% year-over-year decline in the company&#39;s enterprise application software sales during the quarter.