Peoplesoft Revenues To Beat Expectations
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PeopleSoft (Nasdaq: PSFT) said on Monday that quarterly revenues would beat Wall Street's expectations, due to an increase in the number of customers making large orders for its enterprise-application software.
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PeopleSoft Inc., which is fighting a takeover bid from Oracle Corp., said revenue from new software licenses this quarter has exceeded Oracle&#39;s sales of the same kind of products in its most-recent period.
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Peoplesoft forecasts stronger-than-expected sales as it prepares to fight a takeover bid from Oracle in court.
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Investors welcomed the end of Oracle Corp.&#39;s 18-month battle to take over PeopleSoft Inc., pushing stocks higher Monday. A better-than-expected survey of retail sales also helped the markets.
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Despite a slight seasonal dip, the software maker surpasses earnings expectations, as year-over-year growth comes in strong.
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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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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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Oracle (ORCL) on Tuesday posted a 16% jump in quarterly earnings, surpassing analyst estimates, despite listless sales in an area it hopes to buttress by buying rival PeopleSoft (PSFT).
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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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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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PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) on Monday forecast third-quarter revenue would exceed Wall Street expectations, helped by an increase in customers making larger orders for its business software.
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Oracle reported second-quarter 2005 earnings that beat analyst expectations today, thanks to new software revenue and continued gains from license updates and product support.
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Oracle (Nasdaq: ORCL), the world's second-largest software vendor, has beaten Wall Street analysts' expectations with its first-quarter results, due to strong sales of its  database software.
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PeopleSoft Inc. posted a third-quarter profit and said sales beat analysts&#39; estimates, a turnaround that may encourage Oracle Corp.
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BOLSTERED by investors, Oracle appears set to complete its long-sought takeover of PeopleSoft, unless its rival proves it is worth more than the $US9.2 billion ($11.7 billion) bid currently on the table.
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SAN FRANCISCO: PeopleSoft said yesterday it has logged more business business software license revenue in its current fiscal quarter than arch-rival Oracle, which recently got US court approval of its bid to take over 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.