Oracle hits six-year high on SAP news
Oracle shares rise 1.2 per cent to $20.16 in electronic trade from a close of $19.92 on the Nasdaq.business Updated: Jul 03, 2007 20:33 IST
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.
First Published: Jul 03, 2007 18:57 IST