SAP beat third-quarter profit and sales estimates on soaring demand for the business software maker's cloud offerings.

FRANKFURT :Shares in SAP were up 5 per cent at market open on Tuesday, hitting an all-time high of 221 euros ($239.21) after the German software company raised its full-year targets on a strong cloud business in the third quarter. Cloud revenue grew 27 per cent, adjusted for currency effects, to 4.35 billion

Interpublic Group of Companies (NYSE:IPG – Get Free Report) issued its quarterly earnings data on Tuesday. The business services provider reported $0.70 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.70, RTT News reports. The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.30 […]

Shares in SAP jumped in Frankfurt on Tuesday after the German enterprise software giant raised its annual guidance on the back of a strong increase in cloud revenues in the third quarter, driven by strong demand for its AI services.

General Motors posted better-than-expected third-quarter profit and sales as it kept prices steady and controlled costs.

General Motors comfortably beat market expectations with its third-quarter results on Tuesday and raised its annual profit guidance for the third time this year.

Logitech International raised its full-year outlook after a strong performance and a growth in demand in the second quarter, the computer keyboard and mouse maker said on Tuesday (Oct 22). The Swiss-American technology company now expects its full-year sales in the range of US$4.39 billion to US$4.47 billi