Oracle shares drop, PeopleSoft&#39;s rise ahead of court fight
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NEW YORK  - Software giant Oracle Corp.&#39;s shares dipped while the stock of its rival, PeopleSoft, rose ahead of a court battle this week over PeopleSoft&#39;s resistance to Oracle&#39;s 18-month-old takeover bid.
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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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US News, NEW YORK - US stocks were set for a higher open on Monday, helped by news business software maker Oracle Corp. (ORCL.O: Quote, Profile, Research) struck a deal to buy rival PeopleSoft Inc.
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While some slowdown in application sales was expected as customers took a wait-and-see approach to the Oracle-PeopleSoft antitrust proceedings, Oracle&#39;s application sales plunged 69 percent from the fourth quarter to the first.
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NEW YORK - Oracle announced early Saturday morning that more than 60% of PeopleSoft investors had tendered their shares to the company, letting Oracle continue its fight in the takeover battle for PeopleSoft, a battle that has lasted 17 months to date.
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Business software maker Oracle Corp.  on Friday said it will release its second-quarter earnings before U.S. markets open on Monday, instead of Thursday, due to issues related to its takeover bid for PeopleSoft Inc. that may come up in court later on Monday.
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Vox populi: Oracle (nasdaq: ORCL - news - people ) attorney Michael Carroll says the firm will abandon its legal assault on PeopleSoft&#39;s (nasdaq: PSFT - news - people ) &quot;poison pill&quot; defenses--if investors fail to tender at least 50% of their shares by Nov
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PeopleSoft set the clock on Friday on what may be the final battle in a prolonged war with Oracle. The software firm plans to hold its annual shareholder meeting on March 25, when the firm&#39;s shareholders may
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PeopleSoft&#39;s shares were up 10.6 percent at $22.98 late into Monday&#39;s trading session. Oracle shares rose 10 cents to $12.
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If you think Oracle&#39;s (ORCL:Nasdaq - news - research) 18-month fight to buy PeopleSoft (PSFT:Nasdaq - news - research) was tough, wait until you see the struggle to make it work.
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SAN FRANCISCO/WASHINGTON  - Software maker Oracle  on Thursday got the green light from a U.S. federal judge for  its $7.7 billion takeover of smaller rival PeopleSoft Inc.,  sending PeopleSoft shares up 15 percent.
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For the past 18 months, Oracle has been locked in a battle to acquire rival PeopleSoft involving courtroom drama, poison pills, personal enmity and, recently, the departure of PeopleSoft&#39;s CEO Craig Conway.
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Oracle Corp. said Monday it will drop a lawsuit it filed in Delaware against PeopleSoft, its rival and takeover target, if a majority of PeopleSoft
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SAN FRANCISCO - Oracle Corp. topped Wall Street's profit forecast, but the business software maker saw sales of its business applications software slide 36 percent - with the reversal of that slump a key goal behind Oracle's tenacious pursuit of rival PeopleSoft Inc...
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Larry Ellison&#39;s software maker Oracle yesterday got the green light from a US federal judge for its US$7.7 billion takeover of smaller rival PeopleSoft, sending PeopleSoft shares up 15 per cent.
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NEW YORK - Thursday's pro-Oracle Corp. decision on the U.S. Department of Justice's attempt to block Oracle's proposed takeover of PeopleSoft Inc. could have ramifications for the broader software market: Most software stocks rose in Friday trading as investors and analysts viewed the DOJ's loss as a signal for Oracle and other software companies to go shopping for acquisitions.
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SOFTWARE giant Oracle&#39;s stalled $7.7bn (Â£4.2bn) bid to take over competitor PeopleSoft has received a huge boost after a US judge threw out an anti-trust lawsuit filed by the Department of Justice to block the acquisition.