Oracle ups bid for India's i-flex, shares soar
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Oracle Corp.   boosted its offer for Indian banking software provider i-flex  Solutions Ltd.  to $1.3 billion, driving up i-flex  shares 17 percent to a record high.
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OPENWORLD, SAN FRANCISCO, Dec. 8 /PRNewswire-FirstCall/ -- Oracle (NASDAQ:ORCL) today announced evidence of strong support for its content management offering through partnerships with leading technology
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Shares of software maker Oracle Corp.  ORCL.O rose as much as 8 percent in early trading on  Wednesday, a day after the company posted strong quarterly  profit fueled by steady demand for its flagship database  products.
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The software company beat Wall Streetâs projections as it claimed substantial gains over its rivals, SAP and I.B.M.
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And slaps $1.3bn on Q2 bottom line Database giant Oracle said yesterday that it saw earnings jump by 35 per cent in its second quarter buoyed by strong sales of software licenses.â¦
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SAN FRANCISCO Shares of Oracle, the software maker, were up more than 7 percent in late trading Wednesday, a day after the company said its first-quarter earnings rose 16 percent on strong demand for its flagship database programs.
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Strong international sales growth and solid U.S. comps propel the company's stock to its highest price ever.
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TORONTO (CP) - Shares of Aastra Technologies Ltd. shot higher Wednesday after the company said it is in talks to buy a European telecom business.
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Shares in PeopleSoft surged in New York after Larry Ellison&#39;s Oracle tabled a take-it-or-leave-it $8.8 offer for the business software company.
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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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Vodafone  shares  climbed on Monday after the British mobile phone giant beat  rival suitors with an $11.1 billion bid for a controlling stake  in Hutchison Essar, India's fourth-biggest cellphone firm.
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Oracle announced Monday that it has increased its PeopleSoft takeover bid to US$24 a share, calling the figure its &quot;best and final&quot; offer for its rival.
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Oracle Corp. was not the only beneficiary of a federal judge's ruling late Thursday that it could proceed with its &#36;7.7 billion hostile takeover bid for software rival PeopleSoft Inc. Yesterday, the stock prices of numerous software firms surged during widespread speculation that the antitrust ruling could spark a wave of consolidation in the industry.
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Shares in Indian software services giant Tata Consultancy soar by 24% on their market debut.
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Shares on the key Bombay index rose nearly 1 percent and hit the 6,500-level for the first time on Friday, tracking a global holiday rally and on hopes of an early end to an ongoing ownership dispute in the Reliance group.
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In the ongoing takeover drama, Oracle Corporation announced today that it is improving its tender offer for all the common stock of PeopleSoft, Inc.
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BARCELONA/HONG KONG  - Vodafone shares climbed in early Monday trading after it beat rival suitors with an $11.1 billion bid for a controlling stake in Hutchison Essar, India's fourth-biggest mobile phone firm.