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Oracle Corp.’s share price down, profit and sales miss analysts’ estimates amid transition to cloud-computing services

June 20, 2014 8:41 am
Oracle Corp. made an official statement yesterday, posting its profit and sales for the fourth quarter of the financial year that missed analysts forecasts. The announcement comes at a moment when the company is trying to shift its focus to providing primarily cloud-computing services and become a worthy rival of companies such as Salesforce.com Inc. […] Read more