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Thursday, March 21, 2013

Oracle shares dive after severe third-quarter miss; analysts cut views



Oracle Corp 's shares sank more than 8 percent on Thursday a day after the company reported sharply disappointing third-quarter new software revenue, which it blamed on poor sales execution The severe miss, reported after the market close on Wednesday, triggered a series of price-target cuts from Wall Street.

http://www.courant.com/business/sns-rt-us-oracle-sharesbre92k0ty-20130321,0,6114454.story

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