Shares in Oracle Financial Services Software Ltd fall 2.7 percent, tracking a slump in parent company Oracle Corp on Thursday after the US software maker's Q3 revenue fell far short of expectations.
Oracle Corp blamed its rapidly expanding salesforce for a severe miss in third-quarter software sales and warned that its ailing hardware business will lose more ground this quarter, driving its shares 8 percent lower on Wednesday.
It was Oracle Corp shares' biggest percentage drop since December 2011.
Oracle Corp owns 80.3 percent in Oracle Financial Services via a subsidiary.
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