Oracle hits six-year high on SAP news | business | Hindustan Times
Today in New Delhi, India
Dec 04, 2016-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Oracle hits six-year high on SAP news

business Updated: Jul 03, 2007 20:33 IST

Reuters
Highlight Story

Shares of software maker Oracle Corp rose to a six-year high before the bell on Tuesday after its German rival, SAP AG, admitted a subsidiary had carried out "inappropriate downloads" of documents belonging to Oracle.

Oracle shares rose 1.2 per cent to $20.16 in electronic trade from a close of $19.92 on the Nasdaq.