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Archive Home > 2009 > September > 17 > Oracle quarterly profit rises 4%

Oracle quarterly profit rises 4%


September 17, 2009

SAN FRANCISCO " Oracle Corp.'s profit rose 4 percent in the latest quarter, matching Wall Street's forecasts Wednesday, despite a drop in sales that revealed businesses are still being tightfisted about buying new software.

Oracle's sales of new software licenses fell 17 percent to $1....

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