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Oracle warns of lower profits

Software vendor Oracle reported Friday that its fiscal third-quarter earnings will fall short by one cent. The company will report earnings of 9 cents per share for Q3, which ended Feb. 28. The company attributes this shortfall to low sales in the Asian market. Oracle will announce final financial results March 14.

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--Amalia D. Parthenios, staff writer

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© 2012 Penton Media Inc.

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