SAP SE (SAP) reported that its third-quarter profit after tax rose 31% to 1.65 billion euros from last year’s 1.26 billion euros. Earnings per basis share was up 26% year over year to 1.32 euros on a IFRS basis and up 31% year over year to 1.70 euros on a non-IFRS basis, reflecting a strong contribution from Sapphire Ventures. Operating […]
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Microsoft Corporation (MSFT) has shared more details about its Azure space program and the latest strategic partnerships this week, providing greater insight into how the company plans to compete against Amazon.com, Inc.'s (AMZN) Amazon Web Services (AWS) and Alphabet Inc.'s (GOOG) Google Cloud for cloud computing market dominance. As private and public companies are playing an increasingly prominent role in […]
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L’Oreal, the French company behind Lancome and Maybelline cosmetics, said Thursday it was back to revenue growth in the third quarter thanks to strong demand in China and booming online sales. Like companies in the luxury goods sector, L’Oreal was hit hard by coronavirus lockdowns earlier this year when stores and airport retailers shut down. It was also hurt by […]
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Today’s Daily Dose brings you news about FDA denying approval to Zosano Pharma’s migraine treatment; CRISPR Therapeutics’ CARBON trial results; and the progress in NantKwest’s COVID-19 vaccine candidate. Read on… 1. CRISPR Therapeutics’ CARBON trial Proves a Point but Stock gets Whacked CRISPR Therapeutics (CRSP) announced positive top-line results from its ongoing phase I trial of CTX110, an investigational allogeneic […]
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Save articles for later Add articles to your saved list and come back to them any time. Australian property owners have rushed to refinance loans in unprecedented numbers during the pandemic as the turmoil unleashed by the coronavirus caused a sharp plunge in house values in NSW and Victoria, new real time data shows. Property transactions processed on e-conveyancing platform […]
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Deciding to rent or buy is no easy task. There are pros and cons to both. But with interest rates at all-time lows thanks to the Fed’s mortgage rate changes, making the decision might be a little easier if you’re still on the fence. (iStock) Choosing to rent or buy can be tricky. Homebuyers want a yard for the dog, but […]
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Industrial output undergirds recovery. China’s economic growth continued to gain momentum in the third quarter, with the GDP expanding 4.9% from a year earlier in the July-September period, according to official Chinese data released on Monday. The pace of expansion was faster than the preceding quarter’s 3.2% and underlined the rebound in the world’s second-largest economy at a time when […]
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Microchip Technology Incorporated (MCHP) shares rose more than 2% during Monday's session after Morgan Stanley upgraded the stock to Overweight with a $131 price target. Key Takeaways Microchip Technology shares moved higher after Morgan Stanley upgraded the stock to Overweight with a $131 price target. The company previously said that it expects a 2% to 6% sequential sales decline during […]
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The best rates are reserved for the least risky borrowers. Here’s how to make sure you fall into that category. (iStock) Mortgage rates have dropped to record-breaking lows amid the coronavirus pandemic, creating a massive opportunity for existing homeowners — especially ones who are struggling financially. Continue Reading Below With a loan refinance, many homeowners stand to save hundreds per […]
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