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SAN FRANCISCO (AP) - The $25 billion bill that Oracle Corp. has run up buying smaller business software makers looks like money well spent so far.
In the latest validation of a spending spree that began 2 1/2 years ago, Oracle's fiscal fourth-quarter profit climbed 23 percent to $1.6 billion, or 31 cents per share.
Oracle shares rose 53 cents, or 2.8 percent, to $19.69 Wednesday. The stock had fallen 32 cents to $19.16 Tuesday.
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