What sagging economy?

CRM, Tech

From Forbes

After the market closed Wednesday, Oracle (nasdaq: ORCL – news – people ) announced quarterly results that blew by Wall Street’s expectations, belying concerns that slowing business spending would hit its bottom line.

Shares of the Redwood City, Calif.-based software giant were up $1.30, or 6.4%, to $22.08 in after-hours trading.

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