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Update: SAP sees cloud revenue soar, software sales drop in Q2

2014-07-17 14:06:25| InfoWorld: Top News

SAP reported strong growth in cloud revenue in the second quarter, while its software revenue continued to fall, reflecting a shift in the market from on-premises software and services to applications delivered through the cloud on a subscription model. The business software company's net profit, however, dropped on account of a provision for a patent litigation.

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Analysts Expect A Slight Drop In June Auto Sales, But Not To Worry

2014-06-29 19:58:46| Auto Dealers - Topix.net

Forecasts for U.S. auto sales in June are down slightly, but analysts are still optimistic for the year as a whole because the reasons for the June fall-off don't affect the overall momentum towards improving auto sales.

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Japan May auto sales drop 1.2 pct after April sales tax hike

2014-06-02 09:51:35| Auto Dealers - Topix.net

Japanese auto sales in May dropped 1.2 percent from a year ago, industry data showed on Monday, as the pace of decline eased from the previous month when a sales tax hike sapped demand.

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Japan Auto Sales Drop Narrows as Minicars Buck Post-Tax Slump

2014-06-02 08:46:42| Auto Dealers - Topix.net

A showroom employee walks near a Honda Motor Co. N-Box minicar displayed at the company's showroom in Tokyo, Honda last month forecast its full-year profit may increase to 595 billion yen in the 12 months ending in March 2015, below analysts' estimates compiled by Bloomberg.

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Executive says Russian car sales to drop 20% this year

2014-05-23 08:37:03| Auto Dealers - Topix.net

The new chief executive of AvtoVAZ, Bo Andersson, forecasts for 2014 a serious drop in overall sales on the Russian market, which could slump, according to his prediction by as much as 20%.

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