PeopleSoft, Siebel both say Q3 revenue tops forecasts
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Rebounding from sales shortfalls last quarter, business applications vendors PeopleSoft Inc. and Siebel Systems Inc. each released preliminary third-quarter results on Monday showing higher revenue than they had previously forecast.
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Oracle Corp. , the world's second-largest business software maker, on Wednesday forecast 2005 and 2006 earnings above Wall Street estimates, helped by its &#36;10.3 billion acquisition of PeopleSoft.
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PeopleSoft Inc. PSFT.O on  Thursday reported a quarterly net profit, after a year-earlier  loss, due to stronger sales of its business software than it  had expected.
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Business software maker Siebel  Systems Inc. SEBL.O on Monday said third-quarter revenue  would beat Wall Street estimates, driven by a rebound in  licensing revenue, sending its shares up 14 percent.
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PeopleSoft reported a profit and rising revenue Thursday, as the Pleasanton software company sought to steady its footing after several setbacks in its fight against rival Oracle's &#36;7.7 billion hostile takeover bid.
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Siebel Systems, the world's largest customer-management software maker, Wednesday forecast stronger-than-expected fourth-quarter results, including its first year-over-year jump in quarterly sales in 3 1/2 years.
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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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Software maker Siebel Systems Inc. on Wednesday said its third-quarter results swung to a profit on improved licensing revenue, but missed analyst expectations.
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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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With third quarter revenues of $161 million, strong earnings per share, healthy cash flow and robust projections to back them up, PeopleSoft&#39;s directors are advising shareholders that Oracle&#39;s
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Oracle Corp.  on Monday  posted a 21 percent rise in quarterly profit, helped by sales  of business software licenses to the customers of acquired  rivals like Siebel Systems and PeopleSoft.
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LOS ANGELES (CBS.MW) -- PeopleSoft Inc., whose board has spurned repeated hostile takeover offers from Oracle Corp,. got a major boost Thursday when several analysts raised their PeopleSoft financial forecasts.
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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 US$563 million.
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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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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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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 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.