21 Jun 2013

Wall Street Beat: Software vendors report mixed results amid market tumult

Author: lincolnbiffer37 | Filed under: About

Against a backdrop of market tumult, enterprise software companies this week reported mixed quarterly results. Though Red Hat reported a robust quarter, Oracle revenue flatlined and Tibco’s sales and profit declined year over year. Meanwhile, shares of tech companies plunged Thursday along with the rest of the market, as investors took in the news that the U.S.

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Wall Street Beat: Software vendors report mixed results amid market tumult

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