SAP disappoints in second quarter
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Shares in SAP, the world&#039;s leading maker of business software, have plummeted after the group said its software licence sales fell well short of expectations in the second quarter.
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BARCELONA, Spain  - Europe's biggest software  maker SAP could need a year more than anticipated to reach its  profitability target as it spends on research, development and  marketing, its chief financial officer said on Thursday,  sending its shares lower.
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The company reported a second-quarter loss after the company cut jobs to compensate for declining sales.
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Design software maker Adobe  Systems Inc.  on Thursday posted lower second-quarter  net income, weighed down by higher costs related to its  acquisition of Macromedia.
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After another sub-par quarter, should investors throw in the towel?
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Homebuilder to report large sales declines and even larger inventory write-offs for the second quarter.
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Investors reacted to a disappointing fourth-quarter earnings report that raised worries about the software makerâs ability to cope with tougher competition and a slowing U.S. economy.
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If the second-quarter comps are any indication, this retailer's still struggling.
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The results for the current quarter came in slightly below expectations and the company sounded a note of caution on the global economy.
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Q2 less of a shocker Cisco posted a decent 2008 fiscal second quarter, yet remains gloomy about its near-term sales forecast in the US and Europe.â¦
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Profits plummet in the second quarter, but the retailer looks to a brighter tomorrow.
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The smartphone maker said Tuesday that it swung to a loss in its fiscal second quarter as revenue fell and expenses rose.
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The software maker is moving along -- but not enough to get investors excited.
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September quarter was a good one, but software maker's revenue forecast for current period falls short of analysts' expectations.
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After a dismal second-quarter showing, the retailer projects a Q3 loss.
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Software maker SAP AG said Wednesday its profit slipped in the fourth quarter even as sales edged higher, and forecast revenue growth from software sales and services of about 14 percent in 2008.
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The German business software maker SAP (NYSE: SAP) says sales in Europe were flat in the last quarter of 2004, which pushed its shares down in trading. Still, the company met expectations as revenue from software licenses grew 8 percent compared to a year ago.