Date: 09/26/06 (Java Web)    Keywords: no keywords

Oracle (nasdaq: ORCL) surged more than 11% to a new 52-week high on Wednesday backed by strong first quarter earnings and underscoring the strength of the company’s decision to grow by acquisition. Oracle spent about $20 billion to buy PeopleSoft in 2005 and Siebel Systems this year, solidifying its place in the market for corporate [...]

Source: http://blog.taragana.com/index.php/archive/oracle-surges-11-to-new-52-week-high-thoughts-on-oracle/