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Deal Them Out: Delayed Sales Spark an Oracle Warning
Updated from 5:24 p.m. EST:
Attention Oracle(ORCL Quote) shareholders: You've just been back-ended.
After saying for months that its business wasn't feeling the impact of an economic slowdown, Oracle said Thursday that revenue and earnings would fall short of consensus estimates for its just-ended fiscal third quarter. The culprit? Last-minute deals falling through because of the economy, stupid. ...
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