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Oracle

(ORCL) - Get Oracle Corporation Report

was down 16.6% in preopen

Island

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trading. Its executive vice president, Gary Bloom, is leaving to become president and CEO of storage-management softwaremaker

Veritas Software

(VRTS) - Get Virtus Investment Partners Inc. Report

.

Bloom led core database business and its Internet and e-business units. Veritas was up 4.5%.