Friday, December 18, 2009

Oracle’s Profit Rises More Strongly Than Forecast - NYTimes.com

Santa comes early to Redwood Shores…

The Oracle Corporation said Thursday that its profit jumped 12.5 percent in the latest quarter and that it expected the European Union to approve its $7.4 billion purchase of Sun Microsystems next month.

Oracle and Sun shares both rose in extended trading.

Oracle’s Profit Rises More Strongly Than Forecast - NYTimes.com

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