Oracle Up on Outlook, Initiative
Oracle (ORCL) - Get Report was up 1.41% after CEO Larry Ellison said late Tuesday business was improving in the current quarter.
''We're seeing some of the big deals coming back,'' Ellison said.
Also Tuesday, the company unveiled a new initiative, Small Business Suite, in partnership with
NetLedger
. The software is available to smaller business customers on the Web through subscription. The move pits the company against rival
Microsoft
(MSFT) - Get Report
in the area of subscription software services.
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