Peter Goldmacher News
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Oracle Corp. reported sales and profit that missed analysts’ estimates as corporate customers transitioning to Web-based programs bought less hardware and software. The shares fell the most since 2011.
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Adobe Systems Inc. rose to the highest price since 2008 after reporting sales and profit that exceeded analysts’ estimates as more customers flocked to online versions of the company’s graphic-design software.
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Adobe Systems Inc. reported fiscal first-quarter sales and profit that exceeded analysts’ estimates as more customers flocked to online versions of the company’s graphic-design software.
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Veeva Systems Inc. plans an initial public offering this year, people familiar with the matter said, stepping up a challenge to Oracle Corp. with Web-based software for pharmaceutical sales.
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Adobe Systems Inc., the largest developer of graphic-design software, unveiled upgrades to its Web-marketing applications, seeking to expand beyond its core desktop-publishing products.
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Hewlett-Packard Co. ’s appointment of former SAP AG Chief Executive Officer Leo Apotheker to its top job is prompting some analysts to say the companies may be set to forge closer ties or even merge.
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International Business Machines Corp.’s plan to spend almost $15 billion on deals through 2015 is turning NetApp Inc. and Splunk Inc. into takeover candidates.
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Oracle Corp. agreed to buy Eloqua Inc. for about $871 million, further expanding in cloud computing and ratcheting up competition with Salesforce.com Inc. and SAP AG.
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Splunk Inc., a maker of software that helps businesses analyze Web data, climbed the most in more than four months on speculation that the company might be acquired by International Business Machines Corp.
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Oracle Corp. declined in late trading after an unexpected drop in hardware sales suggested the largest maker of database software may not be benefiting as much as predicted from its acquisition of Sun Microsystems Inc.
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