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[Reuters] Oracle blames sales force for Q3 miss, stock drops

Posted By: UGN Security

[Reuters] Oracle blames sales force for Q3 miss, stock drops - 03/20/13 11:43 PM

SAN FRANCISCO (Reuters) - Oracle Corp blamed its rapidly expanding salesforce for a severe miss in third-quarter software sales and warned that its ailing hardware business will lose more ground this quarter, driving its shares 8 percent lower on Wednesday.
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