Oracle net up 25 percent: Reuters Business News - MSN Money
While Oracle’s earnings and revenue beat expectations for its fiscal first quarter ended August 31 Chief Financial Officer Safra Catz said she expects sales from new software licenses to climb only between 15 and 25 percent in the second quarter. That would be slower than the first quarter’s 35 percent growth to $1.1 billion.

September 21, 2007 @ 9:06 AM · Filed under Uncategorized
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GM UAW break talks to resume later Friday: Reuters Business News - MSN Money
Talks adjourned around 12:45 a.m. ET on Friday GM spokesman Tom Wickham said as the two parties adjourned a bargaining session of more than 14 hours.

September 21, 2007 @ 9:06 AM · Filed under Uncategorized
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Nike profit up 51 percent: Reuters Business News - MSN Money
The world’s largest athletic shoe and clothes maker also raised its fiscal 2008 revenue outlook and said it was exploring a sale of its Nike Bauer Hockey division which makes hockey equipment and apparel. Net income in the latest quarter rose to $569.7 million or $1.12 per share from $377.2 million or 74 cents per share a year earlier.

September 21, 2007 @ 9:06 AM · Filed under Uncategorized
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