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Tag: SAP SE

EBay to eliminate about 1,000 jobs, or 9% of full-time workforce

EBay to eliminate about 1,000 jobs, or 9% of full-time workforce

January 23, 2024January 23, 2024 · Business

eBay’s headquarters in San Jose, California, U.S. Bloomberg |  Getty Images EBay said Tuesday that it plans to lay off 9% of the company’s workforce, equal to about…

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Morgan Stanley names cash-rich global stocks with ‘better downside protection’

Morgan Stanley names cash-rich global stocks with ‘better downside protection’

August 27, 2023August 27, 2023 · Business

Morgan Stanley named a raft of European stocks with strong balance sheets, lots of cash or high shareholder returns. The bank said the latest quarterly results showed a…

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European stocks break two-day declining streak

European stocks break two-day declining streak

April 21, 2023April 22, 2023 · Breaking News

European stocks finished higher Friday, with the Stoxx Europe 600 index STOXX Europe 600 Index rising 0.34% to 469.00. The German DAX DAX increased 0.54% to 15,881.66, the…

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SAP Cloud Sales Miss and Software Giant Cuts Outlook. Why the Stock Is Rising.

SAP Cloud Sales Miss and Software Giant Cuts Outlook. Why the Stock Is Rising.

April 21, 2023April 21, 2023 · Business

SAP missed expectations for sales in its key cloud division and cut its outlook in first-quarter earnings released Friday. But the stock is still rising after the German…

Read more SAP Cloud Sales Miss and Software Giant Cuts Outlook. Why the Stock Is Rising.
SAP reports cloud-driven higher revenue, confirms annual profit and sales outlook

SAP reports cloud-driven higher revenue, confirms annual profit and sales outlook

October 24, 2022October 25, 2022 · Breaking News

SAP SE, the German business software company, confirmed its profit and sales outlook for the year after posting higher third-quarter revenue led by growth at its cloud business.…

Read more SAP reports cloud-driven higher revenue, confirms annual profit and sales outlook
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