Wednesday, July 27, 2011

SAP Q2 revenue rises 14 percent

  SAP updates full-year outlook based on strong Q2 | RIM job cuts renew takeover speculation
 
  IT Finance

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SAP Q2 revenue rises 14 percent
SAP's second-quarter revenues grew 14 percent, driven by strong software sales in all regions, the company reported Tuesday. Read More


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SAP updates full-year outlook based on strong Q2
SAP expects its full-year operating profits will be near the top of a previously announced range, based on strong software sales in the second quarter and "improved visibility" into the remainder of the fiscal year, the vendor said Tuesday. Read More

RIM job cuts renew takeover speculation
RIM's stock fell to its lowest point in five years, after it announced plans to cut 11% of its workers to "optimize" costs. The bargain stock price is fueling a new round or speculation that RIM may be bought out. But the most likely candidates lack the cash, or a reason, to do so. Read More


WEBCAST: Cymphonix

Strategies Behind Managing Internet Traffic
At a time when the number of Internet-connected applications is exploding, now more than ever IT needs maximum visibility into each and everyone of these connections. Read More!

China's Baidu revenues gets boost from advertisers
China's largest search engine Baidu posted strong earnings for the second quarter, driven by growing traffic and increased spending by advertising customers. Read More

RIM Slims as Sales Slump
Blackberry maker Research in Motion announced that it will lay off 2000 employees and shake up its senior management after sales last quarter were slower than expected. Read More

 
 
 

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