rom Sun
christianlouboutinforwomen. , would decline 1 percent to increase 9 percent.
Investors focus on new software sales because they are a forward indicator of Oracle's profit. Customers generally sign maintenance contracts when they buy software, which locks in predictable, recurring revenue.
Oracle results follow a bullish outlook from software maker Adobe Systems Inc (ADBE.O) on Tuesday.
Shares of Oracle had hit a high of $26.25 on Nasdaq before closing up 28 cents at $26.04. The stock fell to $25.66 in extended trading.
"The sentiment on this stock was positive heading into the numbers
christianlouboutinforwomen. ," said Deutsche Bank Securities analyst Tom Ernst. "People expected good things from Oracle because it's a macro sensitive business."
(Reporting by Jim Finkle; Editing by Richard Chang
christianlouboutinforwomen. , Leslie Gevirtz)
Hot Stocks
Ukrainian Prime Minister Yulia Tymoshenko, who has refused to concede defeat in a clash for the presidency with opposition leader Viktor Yanukovich, is a former gas magnate whose rhetoric electrified the 2004 "Orange Revolution."
The 49-year-old says she is the sole guarantor of democracy in the ex-Soviet republic and has promised to clean up corruption and move closer toward Europe while keeping good ties with Russia, a trading partner and supplier of energy.
Tymoshenko shot on to the world stage with her impassioned speeches in the 2004 mass protests against the sleaze of a post-Soviet establishment in which Yanukovich was painted as a pro-Moscow stooge and chief villain after he won a rigged poll.
In the campaign for Sunday's vote, she used her energy and sharp tongue to ridicule her opponent's poor education and decry the support he enjoys from the industrial tycoons in the east.
"There is a majority of people in the country who are ready to vote for a democratic country without criminality and oligarchy in power," she said after coming second to Yanukovich in a first round of voting on January 17.
"As a presidential candidate I will never allow the country to return to the path that it was on in 2004," she said.
Many economists see her as a populist with an emphasis on strengthening a state safety net
christianlouboutinforwomen. , while her policies have been described as ad hoc state interference, such as fixing price controls for petrol and food to keep inflation down.
Her call for a review of thousands of privatized assets that she said were sold to oligarchs on the cheap -- much as in Russia during the 1990s -- spooked investors who wondered whether any business would be secure from the state.
In the end, she succeeded in reselling just one asset -- a steelmill to ArcelorMittal for $5 billion.
She has repeatedly lashed out against corruption in the gas sector and has accused Russia of trying to gain control of Ukraine's gas transit system to use as political leverage.
She herself, however
Cheap Jerseys, is reported to have made millions in the 1990s as president of a company that was for a while the main importer of Russian natural gas. That earned her the nickname of the "Gas Princess."</