PeopleSoft exceeds earnings targets
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The software company reports a 12 percent surge in sales fed by a jump in maintenance revenue.
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The Oracle Corporation reported Tuesday that first-quarter earnings had risen 16 percent on strong demand for its flagship database programs, enabling the company
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Oracle Corp. ORCL.O posted a   quarterly profit on Tuesday that topped Wall Street estimates   as new business software license revenue rose, sending its   shares up 13 percent to their highest in four years.
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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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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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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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PeopleSoft has increased its earnings results for the third quarter after recalculating the income tax benefit related to the severance package for its former CEO, Craig Conway.
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Oracle reported second-quarter 2005 earnings that beat analyst expectations on Monday, thanks to new software revenue and continued gains from licence updates and product support.
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Stocks advanced in a broad-based rally  on Friday, the first day of a new quarter, as software company  PeopleSoft Inc. and chip-related stocks drove the tech-heavy  Nasdaq to its highest level in more than two months.
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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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US stocks rallied on Monday after software maker PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) accepted rival Oracle Corp.&#39;s (ORCL.
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Nasdaq Stock Market Inc.  said on Tuesday that quarterly earnings more than tripled, helped by strong trade revenue.
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Nasdaq Stock Market Inc.  said  on Tuesday that quarterly earnings more than tripled, helped by  strong trade revenue.
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PeopleSoft reported a 12% increase in revenue, to $698.8 million, and a slight uptick in revenue from software license sales in the quarter that ended Sept. 30.
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Shares of PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) traded near a one-year high on Thursday after analysts raised their earnings outlooks for the business
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Business software maker Oracle   Corp. ORCL.O posted a quarterly profit on Tuesday that topped   Wall Street forecasts as strong sales of new licenses for   applications helped boost revenue, sending its shares up 5   percent.
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PeopleSoft Inc. PSFT.O, fresh from  firing its chief executive amid a hostile takeover bid from  Oracle Corp. ORCL.O, on Monday said quarterly revenue would  exceed Wall Street's expectations, helped by an increase in  customers making larger orders for its business software.