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tomorrow
Here is its after hour trade data: 31.43 Up 1.16 (3.83%) 7:59PM EST
SAN FRANCISCO (AP) -- Oracle Corp.'s net income jumped 28 percent in the latest quarter, its biggest increase in more than two years and another sign that companies are spending more liberally on technology.
The company also forecast net income and revenue in the current quarter above analysts' expectations, and its shares rose 4 percent in extended trading.
Oracle's strong performance arrived amid worries about the industry's recovery. Other technology big shots, such as Cisco Systems Inc. and Intel Corp., stirred fears with recent earnings reports that showed sluggish demand from consumers and state governments in the U.S.
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http://finance.yahoo.com/news/Oracle-reports-profit-jump-apf-378166406.html?x=0&sec=topStories&pos=2&asset=&ccode= |
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