Software Shares Up Ahead of Oracle Report
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Investors moved into software shares Monday a day ahead of an earnings report from Oracle Corp. that could give Wall Street a better idea about the pace of technology spending.
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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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U.S. stocks rose on Friday, led by technology shares after higher-than-expected results from software maker Oracle Corp  and a share buyback from Texas Instruments Inc .
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Software stocks rose on Friday on speculation there may be more mergers in the industry after a US judge allowed Oracle Corp. to proceed with its takeover of rival PeopleSoft Inc.
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Shares of software maker Oracle Corp.  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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Stock index futures pointed higher on Thursday after reassuring results and outlook from business software maker Oracle, though nervousness before investment bank Bear Stearns Co Inc's  results and key data on U.S. economic growth held the advance in check.
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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&#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  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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US stocks rose on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.&#39;s (ORCL.
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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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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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Oracle Corp , the world's third-largest software maker, reported a 25 percent rise in quarterly profit on Thursday, but forecast slower growth in sales of new software in the current quarter.
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Oracle Corp.  posts  quarterly results next week with investors watching for signs  of further strength in its business applications software as it  chases industry leader SAP AG .
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Oracle Corp., the world&#39;s second-largest software firm, beat the Street with its first-quarter results after Tuesday&#39;s market close thanks to stronger sales of its database software.
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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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Oracle increased its lead over IBM in the relational database market last year, while third-place Microsoft gained ground on IBM, according to sales totals compiled by Gartner analysts.