Acquisitions ignite Oracle profit, revenue

Software giant Oracle posted quarterly profit and revenue Wednesday that topped Wall Street forecasts on strong sales of new software programs, lifting shares 6.5% in after-hours trading. Oracle reported a second-quarter profit of $1.3 billion, or 25 cents a share, up 35% from the same quarter a year ago. It's the eighth-consecutive quarter in which Oracle's profit has improved at least 20%.

Source: USA Today

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