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Reuters: Oracle net profit jumps, but outlook cautious

Started by chris, June 26, 2008, 02:41:06 AM

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chris

Oracle net profit jumps, but outlook cautious
      


BOSTON (Reuters) - Oracle Corp  reported a 27 percent rise in quarterly profit as sales of new software beat expectations, but the company gave a cautious outlook citing economic uncertainties, and its shares fell 3 percent.
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