What sagging economy?
Posted on December 20th, 2007 by Paul
After the market closed Wednesday, Oracle (nasdaq: ORCL - news - people ) announced quarterly results that blew by Wall Street’s expectations, belying concerns that slowing business spending would hit its bottom line.
Shares of the Redwood City, Calif.-based software giant were up $1.30, or 6.4%, to $22.08 in after-hours trading.
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